Google Inc. (NASDAQ:GOOG) has been involved for some time in the online shopping world. The company’s shopping platform is rolling out a trusted seller badge to increase the flow of users into the service and increase the revenue garnered from the experience. Google is trying to move in on the turf of companies like Amazon.com Inc. (NASDAQ:AMZN) and eBay Inc. (NASDAQ:EBAY). By attempting to exercise control in online commerce Google is continuing its strategy of attempting to corner every online market. The strategy has met with some success, with Google leveraging its incumbent search business to gain market share everywhere…
Google (GOOG) Moving In On Amazon (AMZN) Turf
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.