eBay, GameStop and Amazon
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Etsy, Amazon, eBay, and Shopify in April: Why e-commerce stocks diverged so dramatically
Quick Read Etsy (ETSY) stock rallied 29% in April after reporting Q1 revenue of $631M (beating consensus by $13.7M) with marketplace gross merchandise sales growing 6% YoY and active buyers expanding for the first time in two years.
eBay's strategic refocus on non-new, pre-owned items insulates it from larger e-commerce competitors like Amazon and Alibaba, which rely heavily on volume to achieve cost-leadership. eBay's value-adding services on high-value discretionary merchandise ...
GameStop made a takeover bid for eBay, offering $125 per share in a cash-and-stock deal that values the e-commerce platform at roughly $55.5 billion.