Is eBay Inc (EBAY) in Trouble?

Page 2 of 2

Bustling marketplace
eBay Inc (NASDAQ:EBAY)’s marketplace also logged strong results, breaking $2 billion in sales and growing to more than 120 million users. Sure, that business is well behind Amazon.com, Inc. (NASDAQ:AMZN), which had 209 million customers at last count. But eBay is expanding into Amazon’s territory. Fixed-price sales, as opposed to auctions, grew faster than total sales again this quarter and now make up almost 70% of eBay’s volume.

eBay Inc (NASDAQ:EBAY) has made no secret of its bid to attract online sellers away from Amazon. The 12% sales growth it notched in the quarter suggests that it made some progress there. But investors will find out more about this rivalry when Amazon reports its own results on Thursday.

The article Is eBay in Trouble? originally appeared on Fool.com.

Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Amazon.com and eBay.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Page 2 of 2