eBay Sees 16% Revenue Increase for the Fourth Quarter

Courtesy WebProNews - Financial  Wed, 01/20/2010 - 16:18

eBay has reported its financial results for the fourth quarter, and with revenue for the quarter at $2.4 billion, up 16% from the same period in 2008.

That includes revenue of $112.0 million from Skype for the period that eBay fully owned it. Excluding Skype from the fourth quarter of 2008 and the fourth quarter of 2009, revenue growth would have been 19%.

eBay says the year-over-year increase was due primarily to excellent growth in PayPal and...

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