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Saturday, 18 June 2011 - Amazon, EBay gain on ecommerce data |
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    Edition: U.S. Article Comments (0) Editor's Choice Old worm won't die after 2008 attack on military Cancer death rates continue drop: report Mercury's origins may differ from sister planets Facebook may be good for friendships, politics U.N. climate talks make scant progress to save Kyoto Teens, young adults may drive flu epidemics: study Japan plant starts clean-up of radioactive water Comment: Amid global cybercrime, accidental hacks risk jail Video: Zoo seeks girlfriend for endangered parrot Slideshow: Chile volcano erupts Follow Reuters Facebook Twitter RSS YouTube Read IMF cuts U.S. growth forecast, warns of crisis 12:20pm EDT Rebecca Black's "Friday" video in legal battle 2:17pm EDT New York same sex marriage vote delayed 3:50pm EDT UPDATE 3-RIM swoons on grim results, shareholders fret 4:19pm EDT Quick Guide to the Greek crisis 9:21am EDT Discussed 113 Obama weighs new steps to boost jobs 72 Republicans to debate, with Romney the frontrunner 60 Delaware police interview teen about Congressman Weiner Watched Airbus' view of flying in the future Mon, Jun 13 2011 Hefner, fiancee split; Schwarzenegger mistress talks Wed, Jun 15 2011 Gloom deepens for Research in Motion 3:26am EDT small business brad feld: Your idea is not special Every day, venture capitalist Brad Feld receives pitches from entrepreneurs who think their idea is unique. "And they are wrong," he says, noting that Google was not the first search engine and Facebook was not the first social network. What matters most, he says, is "the entrepreneurs’ execution of the ideas."  Full Article  Top 50 small business workplaces Notes on raising seed financing Amazon, EBay gain on ecommerce data Tweet Share this Email Print Related News Oil rises on lift from U.S., China data Tue, Jun 14 2011 Best Buy wins more phone shoppers, tops estimates Tue, Jun 14 2011 Ford shares slide, company to appeal court ruling Mon, Jun 13 2011 Energy co spending to cross $500 billion in 2011: Barclays Mon, Jun 13 2011 UPDATE 2-EBay, GSI settle deal claims for 33 cents a share Mon, Jun 13 2011 Analysis & Opinion “Every original idea seems crazy at first” 2011 ‘Recovery Summer’ looking like a disappointing rerun of 2010 Related Topics Technology » Visitors pass the Ebay logo at the CeBIT computer fair in Hanover March 2, 2011. Credit: Reuters/Tobias Schwarz By Alistair Barr SAN FRANCISCO | Fri Jun 17, 2011 4:35pm EDT SAN FRANCISCO (Reuters) - New data are showing strong growth in eCommerce, with Amazon.com having particularly healthy same-store sales gains. Ecommerce, excluding travel spending online, grew in May to $12.3 billion, up 13 percent from a year earlier, according to ComScore Inc. ChannelAdvisor's year-over-year same-store sales rose about 84 percent for Amazon.com and 13 percent for eBay in May, according to a Barclays Capital research note sent to clients on Friday. Analysts at Barclays Capital said there was a strong correlation between this data from ComScore and ChannelAdvisor and the sales of Amazon.com and EBay, two of the world's largest ecommerce companies. "The secular trends in eCommerce remain strong," Anthony DiClemente, an Internet analyst at Barclays Capital, wrote in Friday's note. Amazon.com shares climbed 1.4 percent to $186.32 in late afternoon trading Friday, while EBay gained 1.2 percent to $28.81. Mark Mahaney, an internet analyst at Citi Investment Research & Analysis, cited ComScore's data in a bullish note on ecommerce Friday. "We continue to believe the Recession accelerated the Online share shift, and view the possibility of a return to pre-Recession 20%-ish growth rates a distinct possibility," Mahaney wrote. (Reporting by Alistair Barr) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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