NEW INVESTMENT GRADE OF EBAY

Updated: 11/05/2008 16:00
Reprints/Permissions  Hyip Monitor
HYIP News. Moody's Investors Service gave &ldquoA3&ldquo 1st-time issuer to online auctioneer eBay Inc.

Moody`s Investors Service gave "A3" 1st-time issuer to online auctioneer eBay Inc. eBay Inc got this special investment grade because of its leading market positions in online marketplace and payments segments, which make up about 94 percent of its revenue. It is known that eBay owns online payment service PayPal.

According to Richard Lane, Moody`s senior vice president, eBay Inc deserved this "A3" rating because it has a large and loyal user base and a strong brand. Also eBay has the strengths, combined with solid business execution, financial flexibility. There were some important issues as relatively young and competitive corporate age and the evolving nature of e-commerce that helped eBay to get "A3" rating.

by EcommerceJournal


About the author

Lella Prior has been at HYIPNews for five years. She is an articulate, confident person who relishes challenges and working under pressure. Lella Prior has been taking much care about writing. The greatest strengths are the research, communication and writing skills Lella has. Thanks to the work at HYIPNews Lella Prior has an excellent opportunity to write good quality content.
You May Also Like