Ebay (Ebay) Saves The Day For Last Minute Shoppers

Ebay (NASDAQ: EBAY), has come to the rescue of all people who want their gifts delivered in time for Christmas. Ebay, shedding its image of second-hand goods marketplace, is pushing hard to fulfill the delivery deadlines for its products.

With a decline of used good sales and the emergence of liquidators of new goods, Ebay is now looking for a makeover. Such a change in its business model has put Ebay, in direct competition with Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT).

According to Colin Sebastian of Lazard Capital Markets, “Amazon has seen a lot of growth because of its practices that put the consumer first; it's difficult for eBay, which is not a retailer, to compete."