The Traderszone Network

Published in TZ Latest News 15 October, 2014 by The TZ Newswire Staff

eBay trims 2014 revenue outlook amid economic fears

EBay Inc trimmed its full-year revenue forecast on Wednesday, signaling a weaker-than-expected holiday shopping season for the e-commerce company as it prepares to split from its fast-growing payments arm, PayPal. EBay’s report comes as weak economic data from the United States and China fan fears of a global slowdown, forcing investors to re-examine the world economy only just emerging from one of the worst recessions in history.

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