EBay has built a reputation as one of the few dot.com stocks not only to stay afloat, but to stay in the black.
The April to June earnings – underpinned by a 48% surge in US transactions over last year – were more than 50% up on those recorded a year earlier.
And Monday’s figures give the company a straight run of 15 successive quarters of profit.
Meanwhile, the company is expanding into other areas, having this year gone into China and sealed a deal with high-end auctioneers Sotheby’s.

Filed in news on Tuesday, September 29, 2009 · 2 Comments »