EBay To Raise Fees For Online Stores

Posted by Sun on August 17, 2006
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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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