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The Company's purpose is to pioneer new communities around the world, built on commerce, sustained by trust, and inspired by opportunity. It operates three primary business segments, Marketplaces, Payments and Communications.
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tonyhamm02 (< 20) Submitted: 8/28/07 5:25 PM : Start Price: $33.14 EBAY Score: 7.69
Goggle has been creeping up to ebay - Often cheaper to obtain goods from sellers on google adwords. I guess thats due to the margins that ebay imposes on buyers and sellers. Over the past years or so we have seen a plethra of new video sites, networking sites and the competition for ebay is turned up. But te biggest threat may be coming soon. Google is now going for its payment market, and may stage an attempt on select high margin parts of its network of buyers and sellers, by offering enticements, a better product and lower margins, and offers enormoius possibilties by sucking people in with its home page marketing reach. Whatever you think of this, ebays pricing power is getting weaker over time on buyers and sellers, especially if it wants to keep its market near monopoly intact.
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