EBay Inc. on Wednesday said revenue grew 5.6%, a third straight quarter of sales gains as a new initiative to transform the online retailer’s search results and image has begun to pay off. The San Jose, Calif.-based online sales platform on Wednesday reported $2.22 billion in revenue, compared with last year’s $2.1 billion. Net income of $413 million, or 36 cents a share, was lower than the $539 million, or 45 cents, the company...

Source: Wall Street Journal October 19, 2016 20:36 UTC