It’s more expensive to run an eBay store these days, but finding things on the site has gotten a bit easier. The company’s efforts to get back to it’s auction roots have apparently worked.
Sales were up 29 percent to $1.7 billion in the 4th quarter. eBay’s net income increased 24% to $346 million. EBay reported that the total value of all items sold in the fourth quarter was $14.4 billion, a 20 percent increase from the prior year.