January 16, 2013 / 9:21 PM / 5 years ago

EBay's fourth-quarter revenue rose 18 percent

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.

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