EBay’s result beyond the expectations

The EBay Inc., the company that operates the world's largest auction portal reported better than expected results, and also improved its annual projections.

Revenues were boosted by the PayPal payment system. The optimistic mood also improved the company’s share prices.

Ebay in the first three month of its current business year expects 2.49 billion USD in revenue and 48 cents per share profit. For the full year, the company calculates 9.05 and 9.05 billion USD revenues – reports Világgazdaság Online.