Irish start-up may dent PayPal's market share

eBay may have reported better than expected sales and profits last week, but analysts are wondering if rivals to its online payment unit, Paypal, will stunt its market potential.

21st July, 2012

The world's largest internet marketplace, eBay, may have reported better than expected sales and profits for the second quarter last week, but analysts are wondering if rivals to its electronic online payment unit, Paypal, will stunt the internet giant's market potential.

Concerns about Europe's struggling economy saw shares in the online retailer slip earlier this year, but belt-tightening consumers 'bought' back by turning to the internet shopping platform to buy new items on the company's...

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