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eBay Inc Q2 profit drops 29 per cent

Posted on: July 23rd 2009 in Stock News.

New York: Online auction firm eBay Inc has reported a 29 per cent drop in net profit at USD 327 million in the second quarter ended June 30, mainly due to drop in sales of its marketplaces business. The company had a net profit of USD 460 million in the corresponding year ago period, eBa…

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