Week #23, 2019: Earnings Calendar
eBay Stock Prediction: Buying Visual Search Engine Corrigon Improves eBay’s MarketPlace
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
eBay Stock Prediction
Summary:
- eBay’s acquisition of visual search engine Corrigon will help its e-commerce customers find product faster and easier.
- Facebook’s new e-commerce platform, MarketPlace, is likely helped by its 2015 purchase of TheFind product search engine.
- Corrigon is therefore eBay’s new tool to make sure it remains ahead of Facebook in e-commerce.
- Alibaba and Amazon are already giant rivals of eBay. Facebook’s e-commerce ambition is another threat to eBay’s future growth.
- Buying new technology to improve the shopping experience of its online shopping customers is therefore a necessity for eBay.
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