PayPal gives EBay a boost

EBay shares rose after sales and profit at the world’s largest Internet marketplace topped analysts’ estimates, spurred by growth in its PayPal online payments business.

19th April, 2012
PayPal gives EBay a boost
EBay’s PayPal subsidiary recently announced that it will create 1,000 new jobs at its Dundalk, Co Louth facility.

EBay shares rose after sales and profit at the world’s largest Internet marketplace topped analysts’ estimates, spurred by growth in its PayPal online payments business.

In German trading, EBay climbed 7.2 per cent this morning, after jumping more than 8 per cent yesterday. EBay’s PayPal subsidiary recently announced that it will create 1,000 new jobs at its Dundalk, Co Louth facility.

EBay’s chief executive John Donahoe is expanding beyond EBay’s online auction roots...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago