Thursday, August 17, 2006

EBay To Raise Fees For Online Stores

According to MarketWatch, starting on August 22, EBay will increase it charges for items sold through online stores in order to make up the revenue shortfalls. This will effectively reverse the fee reduction move EBay made two years ago. EBay hopes the higher fees can boost its growth after reporting a decline of more than 50% in net income in June.

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