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Google Alert - ebay

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ebay
As-it-happens update ⋅ February 1, 2018
NEWS
In what was described by eBay as an effort to improve customer experience and offer sellers a more competitive cost structure, eBay announced news on Wednesday (Jan. 31) that it will intermediate payments through a multi-year implementation that may last through mid-2020. This move marks a ...
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Jan 31 (Reuters) - EBay Inc posted a loss for the key holiday quarter on Wednesday as it booked a $3.1 billion charge from the recent changes in U.S. tax laws. EBay's net loss from continuing operations was $2.6 billion or $2.51 per share. A year-ago it earned $5.95 billion or $5.31 per share.
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WEB
eBay will Soon Shift Away from Paypal Payments to New Processing System
In the coming three years, eBay will slowly transition away from using Paypal as their main payment processor to a more integrated system run by Adyen. Paypal shares dropped more than 10% in after-hours trading on the news. Paypal was spun off from eBay as a separate company in July 2015.
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