How Royal Mail's decline sparked a multibillion-pound battle to control Christmas [Yahoo! Finance]
eBay Inc. (EBAY)
Last ebay inc. earnings: 4/29 04:15 pm
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Source: Yahoo! Finance
The delivery company earlier this month told its customers – including eBay and New Look – to use rival couriers instead. The decision underscores the challenges facing Yodel, which has frequently come under criticism for its poor quality of service. More widely, though, it highlights the unprecedented demand for parcel delivery services as people increasingly do their Christmas shopping online. A booming and growing market has sparked cut-throat competition among couriers. With incumbent Royal Mail losing ground, a crop of new players has sprung up looking to capitalise on the e-commerce boom. At stake are billions of pounds in revenues from lucrative Christmas contracts. Winning such deals will deliver for investors – but will it deliver for customers? When Royal Mail was privatised in 2013, parcels were cited as a key opportunity in the new era for Britain's postal service. Posties would benefit from the boom in online shopping, investors were told. “Rather than picking
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EBAY
Earnings
- 10/30/24 - Beat
EBAY
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- EBAY's page on the SEC website