Tag: SMRC
Ebay: A Sustainable Social Distancing Stock
by Tom Konrad, Ph.D., CFA
Of the few survivors of the dot com bust, Ebay (EBAY) is a perennial also-ran. It owned the market for consumer-to-consumer (C2C) transactions in 2000, but has since repeatedly lost market share. Nevertheless, the company remains a profitable business that enables the sustainable reuse of easy to ship items while returning cash to investors.
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The Competition for Sellers
In the early 2000s, Ebay lost sellers to Amazon's (AMZN) marketplace, which had the...