eBay’s Profits Up

Maybe putting the squeeze on those on-line stores is working.

eBay’s third quarter profits were up 10%. Wall Street seems a little more bullish on the on-line auction giant.

The company recently jacked up prices for listings in it’s stores, causing a mild outrage from some sellers who listed cheap items there for pennies. The move was made to reinvigorate the company’s core auction business and it seems to be working.

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