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By David Keene
Allowing states to innovate could reduce dependency on bureaucracy
Topic - John Donahoe
EBay Inc. CEO John Donahoe's compensation nearly doubled to $29.7 million in 2012, a year that saw the e-commerce company's stock gain 68 percent thanks to growth in its namesake marketplaces business and PayPal.
EBay finished last year with a flourish as bargain-hunting holiday shoppers flocked to its Internet shopping mall and digital payment service to help lift the company's fourth-quarter earnings above analyst projections.
EBay reported Tuesday that its third-quarter net income rose 22 percent thanks to higher revenue at its PayPal payments service and at the marketplaces business that includes eBay.com.
EBay Inc. more than doubled its second-quarter net income thanks to higher revenue from its PayPal online payments business and its e-commerce websites.
EBay's first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites. The results beat Wall Street's expectations and investors sent the company's stock higher in after-hours trading.
EBay Inc. on Wednesday said that its first-quarter profit rose 20 percent on reinvigorated growth at its namesake e-commerce website and further swift growth at its PayPal payment service.
Online marketplace operator EBay said Monday that it will pay $2.4 billion for GSI Commerce, which operates websites for retailers like Toys R Us and Bath & Body Works.
The 2010 pay package online marketplace operator eBay Inc.'s CEO rose 22 percent to $12.4 million from the previous year, according to an Associated Press analysis of a Monday regulatory filing.
EBay Inc. reported healthy second-quarter earnings Wednesday as more people transferred money through its PayPal payment service and shopped on its main website.
"We still have work to do in the U.S. _ our toughest and most competitive market _ and we are not satisfied," Donahoe said during a conference call with analysts to discuss eBay's results.
EBay CEO John Donahoe has said that in the next few years this business' revenue will surpass that of the marketplaces segment.