January 22, 2010
Op Ed By the ZippyCart Ecommerce Software Content Team
Auction ecommerce giant Ebay recently released their fourth quarter report and the response is mixed from analysts and investors alike. Analysts feel that Ebay seems to be losing their market share, primarily in the U.S. to big rivals like Amazon. Internationally, however, Ebay has been fairing much better, and perhaps growing at a faster rate than their U.S. based business. Therefore investors still seem to be happy with Ebay, and had no problem pushing their stock price to rise roughly 8% over the past couple of days. One of the other big news events that might have helped increase the demand for Ebay stock was the sale of Skype. It is estimated that the company recorded a $1.10 profit per share on the sale of Skype. Overall Ebay still has a lot of potential, but it is not clear how they will fare in the U.S. in 2010.
Ebay has a lot of great properties and ecommerce sites, in addition to the core Ebay site which almost everyone who uses the Internet is familiar with. Some of the most popular Ebay sites are Half.com, Shopping.com, StubHub, and Rent.com. For now, international growth looks to be the primary driver for revenue, but they still have a lot of potential to make a comeback and become a major force in U.S. ecommerce space again. Consumers still love getting deals, and the auction site provides them one of the best forums to hunt for almost anything they could want, with a chance to buy it for a great price. Analysts will be watching the stock closely this year to better understand where the future of Ebay is headed.
Nick was born and raised in California, but has been working the dot com scene in Seattle for many years. He co-founded ZippyCart back in 2009, and now works here full-time. Nick wears many hats at ZippyCart, including producing content for our Ecommerce News blog. Nick loves photography and the outdoors, so when not working on ZippyCart you can find him out and about in Seattle.
