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eBay (NASDAQ:EBAY) is now up 7.6% AH thanks to its Q1 report, which featured stellar numbers for...

Apr. 18, 2012 6:43 PM ETeBay Inc. (EBAY) StockEBAYBy: Eric Jhonsa, SA News Editor
eBay (NASDAQ:EBAY) is now up 7.6% AH thanks to its Q1 report, which featured stellar numbers for its PayPal unit. During eBay's earnings call (live blog), CEO John Donahoe noted PayPal is now being used to pay for 76% of eBay auctions, and is a payment option in 2,000 bricks-and-mortar stores. He adds eBay's Marketplaces business is benefiting from strong customer retention and 9.5% active buyer growth.

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