Tuesday, July 21, 2015

Here are eBay's big challenges as it splits with PayPal

Can eBay survive the PayPal split? The San Jose-based online auction site began spinning off PayPal on Friday. While PayPal is seeing double-digit revenue growth, eBay is selling off assets and experiencing declining sales. EBay reported earnings of 76 cents per share on Thursday, beating analysts’ expectations of 73 cents per share. Wall Street rewarded the company with a 3.4 percent bump in its stock price. Still, eBay sales fell 3 percent to $2.12 billion, the second straight quarterly decline,…
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http://memphissmbmedia.blogspot.com/2015/07/here-are-ebays-big-challenges-as-it.html from Memphis SMB Media

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