PayPal added a million active accounts per month for the sixth consecutive quarter #eBayQ111

eBay completed our Brands4Friends acquisition in Germany. #eBayQ111

eBay’s core business continues to get stronger, we are innovating faster and we are investing in growth. #eBayQ111

eBay is focused on redefining retail and leading the next generation of commerce and payments. #eBayQ111

As a result, merchants are having to adjust. #eBayQ111

John Donahoe, $eBay CEO, now talking: The lines between online and offline commerce are blurring – driven by customer behavior. #eBayQ111

This live-blog contains non-GAAP measures relating to the company’s performance. You can find the reconciliation of those measures to the nearest comparable GAAP measures here. This Twitter session contains forward-looking statements relating to our future performance that are based on our current expectations, forecasts and assumptions and involve risks and uncertainties. These statements include, but…

OK folks… we’re up and running for the #eBayQ111 earnings call

eBay Inc. today reported that revenue for Q1FY2011 increased 16% to $2.5 billion, compared to the same period of 2010. We reported Q1 net income on a GAAP basis of $475.9 million, or $0.36 per diluted share, and non-GAAP net income of $619.0 million, or $0.47 per diluted share, representing a 12% increase for each compared to the same period of 2010.