EBay plans to buy e-commerce company GSI Commerce for $1.96 billion in cash in a bid to draw more buyers and sellers to its online marketplaces and win more business from large store chains. Get the full story »
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PayPal helps eBay top 4Q forecasts
EBay Inc. says its fourth-quarter revenue rose, as the healthy holiday shopping season bolstered growth in its PayPal online payments business and online marketplace.
The online marketplace operator on Wednesday said its revenue rose nearly 6 percent from a year earlier, to $2.50 billion. Get the full story »