Tales of eCommerce: Amazon and Ebay
Internet retailer Amazon.com, Incorporated (NASDAQ: AMZN) and internet auctioneer Ebay, Incorporated (NASDAQ: EBAY) both meet and diverge as competitors in internet commerce space, and their futures may be divergent as well. Ebay, the leading internet auctioneer, faces flattening revenue growth, uncertain domestic prospects, and widespread customer dissatisfaction, whereas Amazon, the premier internet retailer, faces less uncertain revenue growth, has an expanding repertoire of successful e-tailing (internet retailing) strategies, and has not faced the dissatisfaction nor level of complaints which Ebay has. While Ebay reported fourth quarter earnings last week of 45 cents per share on an adjusted basis, up nearly…