Amazon says active seller accounts up 18 percent
SAN FRANCISCO (Reuters) - Amazon.com Inc's (AMZN.O) active seller accounts have risen 18 percent over the prior year, the online retailer's chief financial officer said on Wednesday.
Besides selling goods to consumers, Amazon allows independent sellers to post items for sale on its website for which Amazon takes a commission. Analysts believe the company has been taking market share from rival eBay Inc (EBAY.O) among these third-party sellers.
(Reporting by Alexandria Sage; Editing by Braden Reddall)
© Thomson Reuters 2009 All rights reserved
The future of food
Italian farmer Giuseppe Oglio eschews fertilizer and pesticides; American corporate giant Monsanto rewrites the genetic code of plants. Which of these radically different approaches will best feed the world? Full Article | Slideshow
Obama vows "justice" for shooter