Amazon.com, eBay gain on ecommerce data

Certain new data are showing strong growth in ecommerce, with Amazon.com having particularly healthy same-store sales gains.

Ecommerce, excluding travel spending online, grew in May to $12.3 billion, up 13% from a year earlier, according to ComScore Inc. ChannelAdvisor's year-over-year same-store sales rose about 84% for Amazon.com and 13% for eBay in May, according to a Barclays Capital research note sent to clients on Friday.

Analysts at Barclays Capital said there was a strong correlation between this data from ComScore and ChannelAdvisor and the sales of Amazon.com and EBay, two of the world's largest ecommerce companies.  "The secular trends in eCommerce remain strong," Anthony DiClemente, an Internet analyst at Barclays Capital, wrote in Friday's note.                                           

Amazon.com shares climbed 1.4% to $186.32 in late afternoon trading Friday, while EBay gained 1.2% to $28.

Mark Mahaney, an internet analyst at Citi Investment Research & Analysis, cited ComScore's data in a bullish note on ecommerce Friday. "We continue to believe the recession accelerated the Online share shift, and view the possibility of a return to pre-Recession 20%-ish growth rates a distinct possibility," Mahaney wrote.