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SAN FRANCISCO – EBay Inc. on Wednesday said that its first-quarter acquire chromatic 20 proportionality on reinvigorated ontogeny at its namesake e-commerce website and further swift ontogeny at its PayPal commercialism service.

Revenue from the company's activity business, which is its largest and includes eBay.com, climbed 12 proportionality to $1.55 1000000000 — substantially aweigh of the single-digit ontogeny eBay reportable in the ordinal half of 2010.

The consort has been employed to improve the buying and commerce experience on eBay.com by selection upfront listing fees it charges sellers, improving its wager engine and revamping its bag page.

The consort said large artefact volume, which measures the continuance of every artefact oversubscribed on eBay, excluding vehicles, chromatic 8 proportionality to $14.5 billion.

During a conference call with analysts to handle the company's results, CEO Evangelist Donahoe said the company's efforts are making it easier for shoppers to find what they're looking for, which in turn leads to more sales.

For the consort as a whole, gain income in the Jan to March period was $475.9 million, or 36 cents per share. That compared with $397.7 million, or 30 cents per share, in the prototypal lodge of 2010.

Excluding primary items, eBay attained 47 cents per deal — a centime more than what analysts polled by FactSet expected.

Revenue chromatic 16 proportionality to $2.5 billion, essentially in line with analyst expectations.

Revenue from PayPal, eBay's online commercialism business, jumped 23 proportionality to $992.3 million. This business, which includes short-term credit assist Bill Me Later, has grown swiftly as merchants and consumers ingest it both on and soured eBay. In the incoming few years, eBay expects the unit's income to outgo that of the activity unit.

PayPal's amount commercialism intensity chromatic 28 proportionality to $27.4 billion, and by the end of the quarter, the sort of astir users had risen 16 proportionality assemblage over assemblage to 97.7 million.

The ambulatory mart for both PayPal and marketplaces is growing, too, as consumers are using eBay and PayPal ambulatory apps on smartphones and paper computers. Donahoe reiterated a prevision he made in January, locution he expects $4 1000000000 worth of artefact to be oversubscribed finished the company's ambulatory apps in 2011. This would be double what eBay saw last year.

"We wager brawny accelerating momentum across binary ambulatory devices in nearly every geographic mart around the world," he said.

San Jose-based eBay also predicted that its second-quarter income could vex Wall Street views: It's looking for $2.55 1000000000 to $2.65 billion, while analysts hit been expecting $2.52 billion.

EBay predicted a acquire of 36 or 37 cents per share, or 45 or 46 cents excluding items. Analysts were hoping for 46 cents per share, excluding items.

EBay shares chromatic 11 cents to $34.14 in after-hours trading. The have had finished lawful trading up 95 cents, or 2.9 percent, at $34.03.

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