Google Is Out $26 Million Per Month With eBay "Experiment"

As you know, eBay has pulled their Google ads after Google tried the Google Checkout stunt at the PayPal event.

My first question in my mind was how much is Google losing from this eBay move?

Only Google and eBay know the true number but as Greg Sterling reported via a Mediapost piece and as Brett Tabke noted in the WebmasterWorld thread, eBay spent about $26 million monthly on Google AdWords in the U.S. market.

That translates to $312 million annually. That is not a small figure. But Google's stock has risen almost $15 buck since eBay's move. So I suspect this does not bother Wall Street.

Forum discussion at WebmasterWorld.