| Amazon & eBay Q1 Earnings Reports |
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| Friday, 29 April 2011 14:38 |
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Both Amazon and eBay reported their numbers this week and again we have seen that Catalogue based marketplaces perform better. Amazon is growing at the fast rate of around 38%. With a third of all items shipped on Amazon sold by third party sellers that segment has grown as fast (our marketplaces will be 100% sold by third parties).
eBay had its first growth since tow quarters of about 8% but with Fixed Price listings doing well and now representing 57% of total sales, auctions dropped 2%. While not reported we believe that collectibles dropped more like 4-5%. With eBay's move away from vintage and collectibles marketplaces Martingale perceives a wider and wider opening. More on eBay's strategy on Chris Dawsons's article on Tamebay.
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