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Wednesday, Jul 24
Angie's List (ANGI -2.6%) falls ahead of today's Q2 report after TechCrunch observes eBay (EBAY...
Angie's List (ANGI -2.6%) falls ahead of today's Q2 report after TechCrunch observes eBay (EBAY +0.8%) is testing a local services marketplace in the U.K. Like Angie's List, eBay's marketplace, known as eBayHire, gives consumers the chance to contact individuals advertising their services on the site. It remains to be seen whether eBay will do a full commercial U.S. launch, and whether it can build the critical mass of users and service providers needed to become a serious threat to Angie's List. Yelp (YELP -1.4%), whose local listings/reviews serve as indirect competition to marketplaces, is off moderately.