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eBay earnings surge

By Inside Retail Contributor
  eBay is reporting higher earnings and revenue for the last three months of 2013, driven by a strong holiday season for its e-commerce site and PayPal. The company also says it has received a notice from activist investor Carl Icahn seeking a spinoff of PayPal. But eBay says it has looked into that and does not believe it is best for shareholders. eBay Inc said on Wednesday that it earned $US850 million ($A967.89 million), or 65 US cents per share, in the October to December period. That&#

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