eBay Inc. Reports First Quarter Results

Global commerce platform and payments leader eBay Inc. has reported that revenue for the first quarter ended March 31, 2014, increased 14% to $4.3 billion, compared to the same period in 2013. Non-GAAP earnings increased 11%, to $899 million or $0.70 per diluted share, over the prior year, driven by strong top line growth. A

eBay Reports Results and Commerce Volume Rises to $212 Billion

Global commerce platform and payments leader eBay Inc. has reported that revenue for the fourth quarter ended December 31, 2013, increased 13% to $4.5 billion, compared to the same period of 2012. The company reported fourth quarter net income on a GAAP basis of $850 million, or $0.65 per diluted share, and non-GAAP net income

eBay Inc. to Aquire Global Payments Innovator Braintree

eBay Inc.  announced that it has agreed to acquire Braintree, a global payment platform powering the next generation of leading online and mobile-first startups, for total consideration of approximately $800 million in cash. “Braintree is a perfect fit with PayPal,” said eBay Inc. President and CEO John Donahoe. “Bill Ready and his team add complementary