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January 26, 2010

Ebays Profits Grow

eBay’s fourth quarter results have led to an 8% jump in their stock value. Partly due to the Christmas sales rush, the sale of Skype and the performance of Paypal eBay have seen their net income rise to $1.4 billion.

Paypal has definitely been the Jewel in the Crown of eBay this last year. Its total payment volume has passed the $20 billion in the last quarter. It has 81 million active accounts, is in 190 countries and supports 24 currencies.

Meg Whitman, the former CEO of eBay has just injected another $20 million into her campaign for the Republican gubernatorial nomination in California.. She's written a book about her experiences called The Power of Many: Values for Success in Business and in Life. AS the person who took eBay from a small Internet company to an $8 billion global giant what she has to say will be worth reading.

We are also sad to report that Meg Whitman’s 89 year old mother recently died. Auctionline offers its condolences.

Changes to start time of scheduled listings

eBay are making some small changes to better manage their listing traffic. From 19 January, the start time of a scheduled listing may be delayed by up to 15 minutes from the original scheduled time. If a listing is delayed, the end time for that listing will also be delayed by the same period of time so that listings will have the correct time exposure in search results.
Listings which are not scheduled in advance will not be affected by this change.

Posted by Dave Bromley at January 26, 2010 04:49 PM