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eBay Struggles Despite Strong 2Q

Wall Street shrugged as eBay on Wednesday reported 50% profit and strong revenue growth in the second quarter. Why? Because eBay is having a hard time adding new customers, and while earnings per listing may have grown, overall listings fell 6%. CEO Meg Whitman dealt with the issue by claiming that an improved user interface is in the offing. More ...

Investors Unimpressed With eBay Growth Strategy

It's ambition is enviable, but just where does eBay think its heading? The online auction and e-commerce giant is branching out, having spent some $6 billion on new media acquisitions in the last five years. From online payment service PayPal (which proved to be a smart, synergistic decision) to the $2.6 billion Internet telephony giant Skype (eBay overpaid and the jury's still out), to classified sites around the world, including a 25% interest in Craigslist and Kurant, which sets up online "storefronts" separate from eBay, to ticket reseller StubHub (its newest acquisition), eBay thinks it can be everywhere in the world of e-commerce. More ...