The Freeland File
Aerospace & Defense
Global Market Data
Tales from the Trail
Lucy P. Marcus
David Cay Johnston
The Great Debate
Jack & Suzy Welch
Macro & Markets
Lipper Awards 2012
Personal Finance Video
London bids adieu with musical madness, U.S. tops table
Three dead in shooting near Texas A&M University
Jennifer Aniston engaged to actor Justin Theroux
Analysis: Are Israelis tough enough for a long war with Iran?
Google to cut 4,000 Motorola Mobility jobs, shares rise
Obama’s lead over Romney grows despite voters’ pessimism
Romney to announce vice presidential choice Saturday
Standard Chartered questions New York action
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
Quakes hit Iran
Two powerful quakes strike northwest Iran. Slideshow
Jennifer Aniston and Justin Theroux are now engaged. Slideshow
EBay shares gain on strong July sales data
Analysis: EBay lures big retailers in Amazon battle
Tue, Aug 7 2012
Rally drives S&P 500 to highest close since May 3
Fri, Jul 27 2012
Amazon profit margin rises as new businesses grow
Thu, Jul 26 2012
Earnings lift stocks, commodities broadly higher
Thu, Jul 19 2012
EBay avoids Europe woes as Marketplaces business grows
Wed, Jul 18 2012
Hot Stocks »
Asian Markets »
Visitors chat next to the Ebay logo at the CeBIT computer fair in Hanover March 2, 2011.
Credit: Reuters/Tobias Schwarz
By Alistair Barr
Mon Aug 13, 2012 4:16pm EDT
(Reuters) - EBay Inc shares rose 3 percent on Monday, closing in on a multi-year high after data showed the world's largest online marketplace had a strong sales month in July.
ChannelAdvisor, which helps merchants sell via eBay, Amazon.com and other websites, reported that client same-store sales on eBay jumped 28.2 percent in July from 12 months ago.
That was the fastest year-over-year growth since September 2009, when ChannelAdvisor began tracking client sales on eBay.
Fixed-price sales on eBay surged a record 33.1 percent in July, compared with a year earlier, while auction-based sales dipped 1.1 percent, ChannelAdvisor added.
"We're seeing name-brand, larger retailers do very well on eBay and eBay's daily deal program continues to drive significant revenue for top-tier sellers," ChannelAdvisor Chief Executive Scot Wingo wrote in a blog on the firm's website.
EBay, once a scrappy auction site for mom and pop sellers, is enticing some of the world's largest retailers by arguing it can help them improve competition against e-commerce leader Amazon.com Inc.
EBay shares rose as high as $45.54, before closing up 3 percent at $45.32 on Nasdaq. In late July, eBay shares hit a multi-year high of $46.15.
(Reporting By Alistair Barr; editing by Andre Grenon and Richard Chang)
Related Quotes and News
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/
Be the first to comment on reuters.com.
Add yours using the box above.
Back to top
New York Legal
Support & Contact
Connect with Reuters
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
About Thomson Reuters
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.