Sorry, Amazon: eBay Announces Same-Day Shipping

by Angela Nazworth | August 6, 2012 12:57 pm

Online auction site eBay (NASDAQ:EBAY[1]) seems to have bested rival Amazon (NASDAQ:AMZN[2]) in the race to provide same-day shipping[3].

Yesterday, eBay’s new same-day shipping service, eBay Now[4], 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[5] 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.

Endnotes:

  1. EBAY: http://studio-5.financialcontent.com/investplace/quote?Symbol=EBAY
  2. AMZN: http://studio-5.financialcontent.com/investplace/quote?Symbol=AMZN
  3. same-day shipping: http://techcrunch.com/2012/08/05/ebay-is-launching-a-same-day-shipping-service-called-ebay-now/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29
  4. eBay Now: https://now.ebay.com/
  5. said last month: https://investorplace.com/2012/07/amazon-squashes-same-day-delivery-hopes/

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