The Internet pioneer eBay has registered an 11-percent increase in its quarterly profits, as revenue sprang up in its core businesses of auctions and its Paypal online payment system.

Online auction leader stated that it made $398 million during its fiscal first quarter as against $357 million during the same period of the last year (2009).

Revenue surged 9% to $2.2 billion, an 18% increase from 2009.

John Donahoe, EBay chief executive stated that the increases reflected modifications designed to draw and hold more shoppers: "There's no doubt we're seeing growing traction as these changes begin to build on top of each other." (With Inputs from Agencies)