Skip to main content

Market Overview

Amazon.com January Comps Leave eBay Eating Dust

Share:
Amazon.com January Comps Leave eBay Eating Dust

Amazon.com, Inc.'s (NASDAQ: AMZN) same-store sales growth continued to leave eBay Inc (NASDAQ: EBAY) in the dust, according to a research report released Tuesday.

Amazon's comps grew 27 percent in January from a year earlier, while eBay registered a growth rate of just 6.8 percent, according to the e-commerce software and research concern ChannelAdvisor.

ChannelAdvisor says the "baseline" same-store growth rate for e-commerce in general is running at 15 percent.

Both Amazon and eBay's growth rate picked up modestly from December's pace of 21.8 percent and 5.8 percent respectively.

Yet Amazon's same-store sales growth is still far below its blistering 45 percent pace set back in August. It's December growth pace was the slowest of the past 12 months.

EBay same-store sales growth pace rate hit a low of 4.9 percent in October, and has since trended slightly up. Yet its January performance is off considerably from a high of 17.8 percent growth recorded in March 2014.

EBay auctions on a same-store comparison basis declined 16.2 percent in January, while fixed-price same-store sales grew 7.3 percent.

EBay reported last month that eBay Marketplaces gross merchandise volume grew 2 percent in the fourth quarter. The company expects to spin off its PayPal unit as a separately traded company in the second half of 2015.

Amazon last month posted total fourth-quarter sales growth of 15 percent.

Latest Ratings for AMZN

DateFirmActionFromTo
Mar 2022Deutsche BankInitiates Coverage OnBuy
Feb 2022Tigress FinancialMaintainsBuy
Feb 2022Credit SuisseMaintainsOutperform

View More Analyst Ratings for AMZN

View the Latest Analyst Ratings

 

Related Articles (AMZN)

View Comments and Join the Discussion!

Posted-In: ChannelAdvisorAnalyst Color Analyst Ratings Best of Benzinga

Latest Ratings

StockFirmActionPT
SEDGB of A SecuritiesMaintains411.0
PTLOPiper SandlerMaintains28.0
AOUTLake StreetMaintains26.0
RAPTPiper SandlerMaintains52.0
OCXLake StreetMaintains6.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com