EBay's fourth-quarter revenue rose 18 percent

SAN FRANCISCO Wed Jan 16, 2013 4:20pm EST

SAN FRANCISCO Jan 16 (Reuters) - EBay Inc reported an 18 percent increase in fourth-quarter revenue on Wednesday.

The operator of one of the world's largest online marketplaces also reported earnings of $927 million, or 70 cents a share, in the period. That compares with profit of $789 million, or 60 cents a share, in the same quarter last year.