In an article on BizJournals, Rachel Lerman said that eBay Inc (NASDAQ:EBAY) can be the next acquisition by Amazon.com, Inc. (NASDAQ:AMZN) in 2015. In the current year, Amazon focused on mobile wallet, payment industry and delivery services. It also bought game streaming service Twitch and a famous Comic company. Amazon.com, Inc. (NASDAQ:AMZN) is the leader in the e-commerce business in the US. With Alibaba Group Holding Ltd (NYSE:BABA) now in the pool, Amazon.com, Inc. (NASDAQ:AMZN) will have to focus on innovation and mobile apart from its core business.
eBay Inc (NASDAQ:EBAY) and PayPal are parting ways in 2015. The source thinks that time is ripe for Amazon.com, Inc. (NASDAQ:AMZN) to take the step and acquire both eBay Inc (NASDAQ:EBAY) and PayPal. This will strengthen its core e-commerce business and the payment domain will also be secure as PayPal has a massive user base in the emerging markets as well.
If Amazon.com, Inc. (NASDAQ:AMZN) does not take the step now, Alibaba Group Holding Ltd (NYSE:BABA) could buy eBay as Jack Ma, the CEO of the Chinese e-commerce juggernaut is already gearing up to make some key acquisitions to get a promising start in the US market. The article says that eBay Inc (NASDAQ:EBAY) and Alibaba Group Holding Ltd (NYSE:BABA) work on same business model. Amazon.com, Inc. (NASDAQ:AMZN) is in a dire need to mobile and payment method which can turn its model into an ecosystem. Alipay is still not usable in the US whereas PayPal is not only acceptable in the US but it is also used by millions of people around the world.
If Amazon.com, Inc. (NASDAQ:AMZN) acquires eBay Inc (NASDAQ:EBAY) in 2015, this would automatically make Amazon the leader in ecommerce as eBay is its only established competitor. From here, it will be the battle between Alibaba Group Holding Ltd (NYSE:BABA) and Amazon.com, Inc. (NASDAQ:AMZN).
Carl Icahn’s Icahn Capital Lp is the largest institutional investor in eBay Inc (NASDAQ:EBAY) with over 30.80 million shares in the company by June 30.
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