EBay profit beats as revenue surges from PayPal business

Last Updated: Thursday, April 23, 2015, 06:52

E-commerce company eBay Inc reported a higher-than-expected quarterly profit as revenue surged from its payments business that includes PayPal, which the company said would be spun off in the third quarter.

Stocks gain as investors eye bright side of mixed earnings

Last Updated: Thursday, April 23, 2015, 01:18

US stocks rose in afternoon trading on Wednesday as Visa`s potential expansion into China and talk of a turnaround at McDonald`s helped investors see the bright side of mixed quarterly earnings.

ZTE Blade S6 Plus smartphone launched on eBay for $299.99

Last Updated: Monday, April 6, 2015, 16:56

Chinese smartphone maker ZTE has announced the global launch of a new smartphone Blade S6 Plus. The phone is exclusively available on e-commerce site eBay for $299.99.

eBay, Sotheby's launch new online auctions platform

Last Updated: Tuesday, March 17, 2015, 10:38

Going, going, gone! Sold to the highest bidder at the auction, on the phone or on a new eBay platform that will stream Sotheby`s New York auctions live beginning next month.

PayPal to acquire mobile wallet Paydiant

Last Updated: Tuesday, March 3, 2015, 20:19

eBay's mobile payment services unit PayPal will acquire mobile wallet firm Paydiant for an undisclosed sum as the competition in the payment solutions market from rivals like Apple and Google heats up.

Billionaire Carl Icahn added 446,000 eBay shares in fourth quarter

Last Updated: Wednesday, February 18, 2015, 06:22

Billionaire activist Carl Icahn slightly boosted his exposure to eBay Inc by roughly $25 million in the fourth quarter, according to a regulatory filing on Tuesday.

Paypal's retail chief quits before eBay split

Last Updated: Thursday, February 5, 2015, 11:26

Paypal executive Don Kingsborough, who helped orchestrate the payments company's move into physical retail stores, stepped down in January, the company said on Wednesday.

EBay to cut jobs, sell enterprise unit ahead of PayPal split

Last Updated: Thursday, January 22, 2015, 10:23

EBay Inc plans to cut its workforce by 7 percent, or 2,400 jobs, in the current quarter and is exploring a sale or public offering of its enterprise unit as the e-commerce company prepares to split from its payments division, PayPal, this year.

eBay looks to tap more local artisans, industries

Last Updated: Sunday, January 11, 2015, 16:19

eBay has joined hands with one of India's largest fabric traders body DHMA as the global eCommerce giant tries to reach out to local traders and artisans to offer more options for online shoppers.

Ebay considering cutting 10% of workforce

Last Updated: Thursday, December 11, 2014, 08:21

Online retailer eBay Inc is mulling over a plan to cut thousands of jobs early next year, as it readies to spin off its PayPal unit, the Wall Street Journal reported.