UPDATE: eBay (EBAY) Pulls Google AdWords In "Retaliatory Response" - Analyst
More News related to EBAY
- StubHub President to Deliver Keynote Address at Ticket Summit 2009 Vegas
- Krillion's One-Stop Product Locator Expands to Include Local and Online Retailers
- Latest Piqqem.com Market Movers (USO, PG, NYT, EBAY)
- StubHub Announces Partnership With AOL Music
- New PayPal Survey Reveals Why Online Shoppers Abandon Purchases
More News related to GOOG
- IncrediMail (MAIL) Renews AdSense Contract with Google for Two Years
- IncrediMail Renews AdSense Contract with Google for Two Years
- YouTube Co-Founder Not Working with Site Day-to-Day, But Still Works for Google (GOOG)
- EyeWonder Strengthens Leadership Position in Delivery of Online Video Advertising in Q1 2009
- Sprinx In Sync . . . With Google Calendar(R)!
UPDATE: According to an analyst at Deutsche Bank, eBay (Nasdaq: EBAY) stopped buying Google (Nasdaq: GOOG) AdWords as of yesterday in what they say is a, "truly retaliatory response to the announcement of a Google Checkout party at eBay Live"
The firm said a search at Google.com will not reveal any of eBay's commonly purchased keyword like "digital camera" or "auction".
Commenting on the negative impact for eBay the analyst said, "Google represents 60%+ of search queries and we think the ban could put ~10%-20% of eBay traffic at risk. This traffic may prove difficult to replicate among other providers in the market."
The firm said it is unclear how long the ban will continue. They maintain a Hold rating on eBay.
Related Categories
Analyst CommentsRumors
Stocks Mentioned
-0.44Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
