(Reuters) -EBay Inc surpassed Wall Street estimates for second-quarter revenue on Wednesday as online shopping held steady in the face of rising inflation, sending shares up 4%. Online retailers such as eBay are benefiting from the selective purchase behavior of consumers navigating record-high inflation by limiting spends to essential items. “Our focus category strategy is working, and payments and advertising are driving further growth,” said Chief Executive Jamie Iannone. Revenue declined 9% to $2.4 billion, but came in higher than analysts’ estimates of $2.37 billion, according to IBES dat…