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EcommerceBytes-NewsFlash, Number 1459 - January 24, 2007 - ISSN 1539-5065    1 of 4

Overstock.com Considers Google Checkout for Shopping, Auctions

By Ina Steiner
January 24, 2007

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Overstock.com CEO Patrick Byrne said the company is considering Google Checkout for Overstock Shopping and for its auction platform. The revelation came in a discussion board thread started by Byrne to answer questions about why Meghan Tuohig took over for executive Stormy Simon as head of Overstock.com Auctions.

After one third-party seller requested Byrne add Google Checkout integration to Overtock.com Auctions, several other sellers piped up to add their vote for Google's payment processing system. Byrne said he's considering Checkout for the shopping platform, and said, "I don't know any reason why it could not be worked into the auction site as well." However, he seemed unclear on how it would work and asked for seller feedback.

Overstock issued a press release on Tuesday stating it is scheduled to release fourth quarter and fiscal year 2006 financial results before the market opens on February 5. An accompanying conference call and webcast is scheduled for 11:00 a.m. Eastern Time the same day.


About the author:

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

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