eBay is trying to wring more money out of every customer and purge the online auction site of shoddy sellers, a business strategy that executives say has already pumped profits. The company reported Wednesday that first-quarter profit surged 52 percent, trouncing Wall Street expectations thanks to big-spending shoppers overseas and scorching performance of its PayPal electronic transaction ...
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Saturday, April 28, 2007
eBay Reports Soaring Q1 Profits, Vows Junk Purge (E-Commerce Times)
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