July 11, 2014


ChannelAdvisor Says Amazon June Comps Up 34 percent, eBay Up 12 percent

Amazon.com, Inc.'s (NASDAQ: AMZN) June same-store sales grew 34 percent according to the e-commerce market research shop ChannelAdvisor (NYSE: ECOM) in a release Wednesday afternoon.

The figure compares with 28 percent increase in May, and may reflect interest stirred by the launch of Amazon's Fire phone, according to Channel Advisor's Chief Excutive Scot Wingo.

Meanwhile, Wingo said same-store comps for eBay Inc. (NASDAQ: EBAY) grew 12.3 percent in June, up from 11 percent in May. The figures suggest eBay is recovering a data breach and Google Panda problems, Wingo said.

Read more: http://www.benzinga.com/news/14/07/4695789/channeladvisor-says-amazon-june-comps-up-34-ebay-up-12#ixzz38DTg1K1x