eBay Exploits Retailers' Amazon Envy

Reuters, Wednesday, August 8, 2012 11:08 AM
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eBay is reportedly using retailers’ fear of Amazon to its advantage. In fact, “eBay Chief Executive John Donahoe and other executives have been telling retailers that Amazon is their enemy, while eBay is a friend because, unlike Amazon, it holds no inventory,” Reuters reports. Like your average retailer, Amazon buys products wholesale, stores them in inventory and sells them to consumers at higher prices. eBay, by contrast, says it just matches buyers and sellers.

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