☰

Telecomunicaciones y tecnología

EBay shares could be worth 30 percent more: report


    NEW YORK (Reuters) - Shares in web retailer eBay could be worth 30 percent more than current prices as a promised turnaround in its core online-auction business begins to yield results, weekly financial paper Barron's reported.

    Investors would benefit from a "copious cash flow," stabilizing consumer economy, and fast growth at EBAY (EBAY.NQ)s PayPal payment service and its Skype online phone unit, the paper said.

    EBay "looks like a bargain relative to similar e-commerce outfits such as Amazon.com , which have considerably higher price/earnings multiples."

    (Reporting by Yinka Adegoke; Editing by Leslie Adler)