The Ledger
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Jordan: Amazon and eBay each represent 20% of US online spending
“I've done some back of the envelope calculations that Amazon, if you take their first party business and their third party business and normalize it for consumer sales, they represent about one in five dollars spent on the internet. Interestingly, eBay also re…”
Jordan: eBay achieved 40% to 50% operating margins
“I mean, eBay's, I think we got operating margins of 40 or 50%.”
Amazon required 10 to 50 times more employees than early eBay
“When, early on when I was managing eBay, Amazon had 10 times, 50 times more employees than we did, because they were building warehouses, they were picking out of their own warehouses, they were shipping, they were procuring merchandise, you know, the whole th…”