Seeking Alpha

PayPal tests Amazon Prime-like service; Groupon hires Prime VP

  • PayPal (EBAY -0.1%) is partnering with a handful of retailers to provide free two-day shipping within the U.S. for a limited time on purchases paid via PayPal. Partners include Levi's, Sports Authority, Aeropostale, and iRobot.
  • No word on whether PayPal plans to expand the test, or eventually offer some kind of permanent service (perhaps for a fee). The test appears squarely aimed at Amazon Prime (AMZN -0.2%), which provides free two-day shipping on millions of items on Amazon's site, in exchange for a $79/year fee. Amazon was estimated in March to have 10M Prime subs.
  • Separately, Groupon (GRPN +2.4%) announces it has hired Amazon Prime VP Robbie Schweitzer to be its SVP of operations. The company has also hired Angie's List (ANGI -14.7%) e-commerce exec David Kerr to help create "a marketplace experience for Groupon customers to find, schedule and purchase deals from local service providers" (will likely compete with Angie's).
  • Two other hires: A VP to head the Groupon Reserve high-end restaurant reservation/deals service (Lisa Kennedy), and one to head Groupon's commercial finance ops (Hoke Horne).
  • Yesterday: Angie's List testing price cuts
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