Sunday, October 21, 2012

eBay Reports Solid Earnings Benefiting From Mobile

After reporting earnings on Wednesday night, eBay Inc. (EBAY) initially jumped nearly 5%, as investors were impressed with mobile growth and international expansion opportunities. The company is a global commerce platform and payments leader.

Unlike Facebook (FB) or Google (GOOG), eBay sees mobile as a game changer. The shift towards smartphones and tablet usage provides consumers with more access to utilize the services of eBay.

Read the full article at Seeking Alpha.

Disclosure: No positions. Please review the disclaimer page for more details.


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