Shelly Banjo, Columnist

EBay, Time to Go Shopping

Growth initiatives aren't aggressive enough to match the company's grand ambitions.

January 26, 2017 at 11:00 AM UTC

Shelly Banjo leads the global business team for Bloomberg News in New York. A former New York bureau chief and senior tech writer, she’s covered business, finance and economics for two decades.

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Ebay Inc. has managed to right the ship. Now it's time to get sailing.

Shares in the e-commerce company rose 9 percent in after-hours trading as investors cheered a fourth-consecutive quarter of sales increases. Maintaining a full year of gains helped quiet concerns that without PayPal Holdings Inc., the subsidiary it split from in 2015, eBay would be left for dead.