Yahoo auction count has now cleared 400K, up 318% for the year (ebay is up 90% ytd). Yahoo's auction count is now 17.5% of EBAY's, up from 7.9% at the beginning of the year. Even more impressive, Yahoo is up 145% since March 18; by comparison, ebay is up 22% since that date (I use March 18, because it represents the peak of EBAY's incredible growth in the first 2.5 months of the year).
But don't worry, Yahoo is still a joke of an auction site, and the growth is easily explained away by how easy it is to relist auctions. Ebay's dramatically slowing growth, on the other hand, must be because of summer vacations.
At the current growth rates, Yahoo could reach 1 million auctions by the first quarter of next year. If I were an EBAY investor, I'd worry about that - no matter how bad that site is, it is apparently attracting potential customers of EBAY, and at an ever increasing rate.
Add Amazon, and EBAY doesn't look so hot anymore ....... |
