EBay Inc. is overhauling fees for sellers for the first time since 2010, seeking to reduce costs and make pricing less complicated as it competes with bigger rival Amazon.com Inc. for online merchants.
Amazon.com Inc.’s profit margins, already at a five-year low last quarter, are set to narrow next year as the world’s largest online retailer sells its new tablet computer for half the price of the iPad.
EBay Inc. , the owner of e-commerce sites and the PayPal payment service, reported second-quarter profit that topped analysts’ estimates while predicting that a foreign-currency slump would eat into overseas sales this year.
Amazon.com Inc. , the largest online retailer, forecast fourth-quarter operating income that fell short of analysts’ estimates , squeezed by spending on new warehouses and marketing for Zappos.com and the Kindle e-reader.
Amazon.com Inc. , the world’s largest online retailer, rose in Nasdaq trading after at least two analysts recommended buying the shares, citing demand for Kindle e-readers and the company’s electronic-commerce services.