eBay Issues Gloomy Forecast

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eBay Issues Gloomy Forecast

03-05-2008, 12:24 PM,

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mandy Offline

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eBay Issues Gloomy Forecast

Quote:All's not well in auction-land.

In an annual report filed with the Securities and Exchange Commission on Friday, eBay warned of numerous risks that its business faces, including its ability to retain buyers and sellers on its sites, in addition to the normal concern of attracting new users.

Attraction and retention were just two of the worries eBay expressed in a laundry list of potential risk factors outlined in the gloomy shareholders' report.

Essentially, eBay realizes that it isn't the only game in town anymore. Citing the "changing demands of the e-commerce marketplace," eBay warned that it was facing increasing competition from Amazon, Buy.com and others, giving consumers more choice particularly in its fixed-price business lines...

full article: http://www.ecommerce-guide.com/essential...hp/3731906

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