EBay reports 8.7 percent rise in quarterly revenue

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EBay Inc reported an 8.7 percent increase in quarterly revenue on Wednesday as revamps to its e-commerce platforms helped attract more customers.

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The company's net income rose to $523 million, or 48 cents per share, in the third quarter ended Sept. 30, from $413 million, or 36 cents per share, a year earlier.

Revenue rose to $2.41 billion from $2.22 billion.

 

 

(Reporting by Aishwarya Venugopal in Bengaluru; Editing by Sriraj Kalluvila)

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