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

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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.

eBay auctions were down 19 percent from a year earlier while fixed-price sales were up 18.4 percent.

Shares of Amazon are trading up about one percent to $331.25 at last check. eBay shares last traded at $50.70 in the pre-market session Friday, up about three-quarters of a percent.

Posted-In: News Movers

 

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