Dive Summary:
- On Monday, EBay announced the expansion of its same-day delivery service in a move to compete with Amazon.com in the online local commerce market.
- EBay Now is a service which delivers products to consumers which are purchased online from stores including Target and Walgreens and then swiftly delivered in less than one hour, in some cases.
- "If you want something quick, it's even quicker than Amazon," stated Wells Fargo analyst Matt Nemer. "Amazon doesn't have physical stores really close to consumers, so that's an edge retailers have."
From the article:
Same-day delivery works best if online orders are grouped together from many different stores in the same area, eBay CEO John Donahoe said. "No one retailer can do that on their own," he added. "We are a consolidation point to help make the economics work."