Sorry, Amazon: eBay Announces Same-Day Shipping

The service is only being tested in San Francisco at this time

   

Sorry, Amazon: eBay Announces Same-Day Shipping

Online auction site eBay (NASDAQ:EBAY) seems to have bested rival Amazon (NASDAQ:AMZN) in the race to provide same-day shipping.

Yesterday, eBay’s new same-day shipping service, eBay Now, was released in a beta testing format for some of the company’s customers in San Francisco. Those invited to use the service can receive $5 same-day shipping on products from local stores, but it only works on purchases of more than $25.

It has been rumored that Amazon is also interested in providing its customers with same-day shipping. However, wanting to launch same-day shipping is a far cry from being able to provide the service without doing some damage to the company’s bottom line.

Amazon CFO Tom Szkutak said last month that the company doesn’t “see a way to do same-day on a broad scale at the moment.” He did not rule out testing same-day shipping on a smaller scale.


Article printed from InvestorPlace Media, http://investorplace.com/2012/08/sorry-amazon-ebay-announces-same-day-shipping/.

©2014 InvestorPlace Media, LLC

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