The Traderszone Network

Published in TZ Latest News 21 October, 2015 by The TZ Newswire Staff

EBay’s profit beat shows there’s life after PayPal

EBay, whose shares were up 8.5 percent after-hours on Wednesday, faces intensifying competition from rivals such as Amazon.com Inc as well as from retailers such as Wal-Mart Stores Inc that are boosting their online presence. PayPal Holdings Inc, a leader in the fast-growing payment processing market, became a separate company on July 18.