Holiday shopping, PayPal help eBay 4Q profit rise EBay Inc. said Wednesday its fourth-quarter earnings rose as its PayPal payments business grew and holiday shoppers gravitated to its online auctions and “Buy It Now” offerings. The company also logged a large gain from the November sale of its Skype telecommunications business. Read more on AP via Yahoo! News

As eBay has evolved from its ”online flea market” origins to a place where professional sellers gather to move their wares, the site has become a major player in the holiday shopping world. More than 11.7 million shoppers visited eBay on the Monday after Thanksgiving last year (more than double the number of visitors to Amazon) As the first book aimed directly at eBay holiday shoppers, [...]