eBay's sees Q2 income double
July 19 , 2012
Online retailer and auction site eBay has said its income doubled in the second quarter on the back of higher revenue from its PayPal payment business.
Income from its e-commerce sites was also higher.
EBay reported net income of $692m for the three months to the end of June, compared to $283 million in the same period last year.
Revenue for the business increased by 23 percent to $3.4 billion.