UK eBay & PaypalGeneral discussions about eBay.co.uk Suspensions and Paypal.co.uk limited accounts. This forum is geared towards UK eBay & Paypal sellers.
While eBay EBAY -0.39% reported a first-quarter loss of $2.3 billion this week due to a $3 billion tax charge on foreign earnings, revenue climbed 14 percent year-over-year to $4.26 billion in part because of PayPal. The thriving payments business that eBay purchased over a decade ago saw revenue climb 19 percent to $1.85 billion, making up about 43 percent of eBay’s total revenue. PayPal also gained 5.8 million new active registered accounts during the quarter, bringing the total 148 million.