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EBay reports profit plunges 29 percent (AFP)

July 23rd, 2009 · No Comments

The logo of web-based auctioneer Ebay. The internet giant has reported that its profit plunged 29 percent in the latest quarter due to a drop in its online Marketplaces business and the strength of the US dollar.(AFP/File/Jacques Demarthon)AFP – EBay Inc has reported that its profit plunged 29 percent in the latest quarter due to a drop in its online Marketplaces business and the strength of the US dollar.

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