- comScore estimates U.S. e-commerce sales (exc. travel) rose 12% Y/Y to $26.1B. That's down from Q2's 16% and Q1's 13%.
- RBC's Mark Mahaney views the data as "neutral to negative" for Amazon (AMZN +0.1%) and eBay (EBAY -0.7%), but also largely in-line with his forecast for 15% full-year growth.
- On the other hand, comScore estimates U.S. online travel sales growth rose to 11% in August from Q2's 9% and the highest growth rate seen since Jan. '12. Mahaney views this as a positive for Priceline (PCLN -0.4%), Expedia (EXPE -1%), and TripAdvisor (TRIP +0.1%), and now thinks his 7% full-year growth forecast could be conservative. Others are already forecasting 8%-10% growth.
- Priceline shares topped $1,000 for the first time yesterday, and are currently trading a little below that level.
- Previous: ChannelAdvisor's August same-store sales data
comScore: U.S. e-commerce growth slows in August, travel picks up
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