Solving eBay’s Growth Problem: The Great Hope of Cross-Border Trade
It appears that eBay (EBAY) is on the same path that rival Alibaba (BABA) has traveled: trying to capture growth by promoting cross-border e-commerce.
The share buyback program of e-commerce giant eBay (EBAY) is likely to become more moderate in 2017.
The company’s management appears to believe that while e-commerce competition is heating up, the competition is still manageable.
Now eBay’s most important business is facing a significant threat.
The growth of e-commerce industry bodes well for eBay, but the challenge is that new players are joining in and existing ones are strengthening positions.
Alibaba (BABA) recently upped its stake in Paytm e-commerce in an escalating competition with Amazon (AMZN) for control of India’s e-commerce industry.
JD.com recently moved to exit the digital payments business by divesting its stake in JD Finance, its payments unit.
Alibaba’s (BABA) war on fake goods on its marketplaces has been widely criticized as being weak or lacking direction.
Alibaba (BABA) hasn’t had peace since December 2016 when the US government blacklisted its Taobao marketplace for allegedly selling counterfeit goods.
Alibaba (BABA) can’t allow e-commerce rivals to eat away at its market share in China, because China is its largest revenue contributor.
Alibaba (BABA) has stepped up its efforts to unlock new opportunities beyond its core e-commerce business.
Most of Alibaba’s (BABA) e-commerce revenues come from mobile devices. There’s something unique to Alibaba that has given it mobile success.
Although Alibaba (BABA) is rapidly growing its top line, its bottom line could be a victim of its heavy investments in global expansion.
Seagate has guided its current quarter, or fiscal 3Q17, to see revenue of $2.7 billion, which would top the $2.6-billion estimate.
A closer look at eBay’s (EBAY) most recent earnings data shows the company returned to growth in 2016.
Amazon (AMZN) is in a race to conquer India’s (EPI) (INDA) e-commerce market, whose value is predicted to be more than $100 billion by 2020.
Amazon (AMZN) is expanding into the $1 trillion ocean freight industry, according to a Wall Street Journal report.
Recent reports from the Wall Street Journal and other media outlets have suggested that Amazon is planning to open some 2,000 physical stores over the next decade mainly for selling food and beverages.
Amazon said mobile shopping rose 56% during the holiday with more than 72% of the company’s customers globally shopping on mobile devices.
During Amazon’s 4Q16 earnings call, the management didn’t offer a detailed explanation about how it would create the additional 100,000 full-time jobs it promised last month.