Seeking Alpha

Positive read on Thanksgiving sales for Amazon and eBay

  • eBay (EBAY +1.9%) and Amazon (AMZN +1.1%) are up in early trading after data from ChannelAdvisor indicates strong gains in Thanksgiving e-commerce traffic for the two companies.
  • A quick read from ChannelAdvisor showed eBay client same-store sales were up 20.3% Y/Y on Thanksgiving while Amazon's client SSS rose a blistering 48.5%.
Comments (4)
  • These numbers are pointless since they are comparing apples to oranges.
    29 Nov 2013, 12:21 PM Reply Like
  • How about ticker-tagging ECOM?

     

    Google trends shows Amazon searches decreasing YOY for the first time, ever, I believe.

     

    Since Channeladviser's whole business consists of covering only two or three companies, I can't see things turning out well for them if the data massively misses the top on one...
    29 Nov 2013, 12:42 PM Reply Like
  • Black Friday? is it not Red Friday for Amazon, a day of massive discounting that leads to the biggest loss making day of the year ?
    29 Nov 2013, 04:44 PM Reply Like
  • who care about profit when we talk about Amazon?
    30 Nov 2013, 12:04 PM Reply Like
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