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Mobile Sales Give eBay a Boost, but Competitors Say the Economy Is in Their Corner
MINYANVILLE ORIGINAL The online auction and marketplace site eBay (NASDAQ:EBAY) has a great reason to celebrate these days. Earlier this month the online sales site reported that revenue for the third quarter reached $3.4 billion representing a 15% increase over the same period last year. Could this boost in profits be a sign that we're moving out of the recession? Perhaps the data suggests that people are ready to spend once again. Or is the jump in revenue largely due to the company becoming more tech savvy? Spokesperson Kari Ramirez says the existence or nonexistence of a recession has ...
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