TECH HUNTER
Contributor
eBay announced its net income for the second quarter dropped 29%.
Total ending as on June 30 was 327 million dollars, or 25 cents per share of stock, as compared to 460 million dollars, or 35 cents per share, in the same period last year.
eBay attributed the drop to "the stronger dollar and the impact of challenging macroeconomic conditions."
Approximately 57 percent of Marketplaces revenue comes from markets outside the United States, according to eBay.
eBay is working to revitalize the website and online auctions.
Total ending as on June 30 was 327 million dollars, or 25 cents per share of stock, as compared to 460 million dollars, or 35 cents per share, in the same period last year.
eBay attributed the drop to "the stronger dollar and the impact of challenging macroeconomic conditions."
Approximately 57 percent of Marketplaces revenue comes from markets outside the United States, according to eBay.
eBay is working to revitalize the website and online auctions.