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EBay beats Street by stopping the rot

China Daily | Updated: 2009-07-24 08:04

EBay beats Street by stopping the rot

John Donahoe, chief executive officer of EBay Inc, speaks at the World Retail Congress in Barcelona, Spain. Bloomberg News

SAN FRANCISCO: EBay Inc posted better-than-expected quarterly results after managing to slow a persistent deterioration in its main Web auctions and retail business, propelling its shares nearly 5 percent higher.

EBay beats Street by stopping the rot

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