12:29 PM ChannelAdvisor's January data could be helping Amazon (AMZN +2.8%) rally: the firm's clients saw a 34.3% Y/Y increase in Amazon same-store sales, up from 29.8% in December. eBay's (EBAY +0.2%) growth came in at 18.8%, down from Q4's 22.2%. In a positive for Google (GOOG +0.1%), search ad-driven sales grew 1% after falling 18% in Q4 thanks to a migration to Google Shopping. Shopping engine sales (inc. Google Shopping) rose 7.9%, down from Q4's 15.5%. SA contributor Paulo Santos, a long-time Amazon bear, argues Amazon benefited from favorable comps. Read comments
AMZN price at time of publication: $266.01. Check AMZN price now »
Focus Articles on AMZN
- ChannelAdvisor Numbers Imply Weak Q1 2013 Revenue For Amazon.com by Paulo Santos
- Is Amazon Planning A Secondary Market For Digital Products? by Trefis
- Amazon Adds More Functionality To Its Dynamic Content Delivery Platform, Lowers Pricing by Dan Rayburn
Press Releases on AMZN
- Amazon and CBS Announce Expanded Content Licensing Agreement (Business Wire)
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Transcripts on AMZN
- Amazon.com's Management Discusses Q4 2012 Results - Earnings Call Transcript
- Amazon.com's CEO Discusses Q3 2012 Results - Earnings Call Transcript
- Amazon.com's Management Discusses Q2 2012 Results - Earnings Call Transcript
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