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Telecomunicaciones y tecnología

Ebay revenue jumps 7 percent in last push from PayPal


    (Reuters) - E-commerce company eBay Inc reported a 7 percent jump in net revenue, boosted by higher demand in the PayPal Holdings Inc payments business it plans to spin off on Friday.

    The company also announced an additional $1 billion share buyback program.

    Net income fell to $83 million, or 7 cents per share, for the second quarter ended June 30, from $676 million, or 53 cents per share, a year earlier.

    Net revenue rose to $4.38 billion from $4.10 billion.

    (Reporting by Devika Krishna Kumar and Kshitiz Goliya in Bengaluru; Editing by Don Sebastian)