PayPal Runs into BRIC Wall
PayPal is facing new kinds of challenges overseas as it counts on BRIC countries for growth. BRIC stands for Brazil, Russia, India and China, and eBay Inc. has been making a big deal about the opportunities they […]
Month: January 2015
Amazon Grows Net Sales 15 Percent in Q4
Amazon grew net sales by 15% to $29.33 billion in the fourth quarter of 2014 compared to the Q4-2013, or 18% excluding the impact of foreign exchange. Net sales were up 22% in North America. […]
Online Shopping Data to Help Revolutionize China’s Economy
In the U.S., 85% of consumers have credit ratings, but less than a quarter of China’s population have credit records, according to Alibaba. Ant Financial Services Group, the parent company of Alipay which was founded […]
Yahoo Japan an Opportunity for an Ecommerce Player?
Yahoo announced it will spin off its large stake in Chinese ecommerce firm Alibaba tax-free into a newly formed independent registered investment company (“SpinCo”). The stock of the new company will be distributed pro rata […]
eBay Adds Another Classifieds Site to Its Portfolio
eBay has acquired Vivanuncios, a Spanish-language classifieds site in Mexico owned by W3 Ltd. Vivanuncios, founded in 2006, receives 15 million visits per month and had more than half a million published ads in the […]
No Bidding Allowed on Rare Beatles Photos on eBay
It’s not surprising that the owners of some rare, “never before seen” photographs of the Beatles and Rolling Stones chose to sell them on eBay, but their selling strategy is unusual. Instead of listing them […]
Amazon Rewards Sellers Who Offer Free Shipping
Amazon is making a major policy change that benefits sellers who offer free shipping. Amazon spokesperson Erik Fairleigh said as of Tuesday, all Amazon seller-fulfilled items with free shipping are eligible to contribute to Amazon’s […]
Blizzard Brings Mail to a Standstill in Northeast
USPS, UPS, and FedEx suspended delivery and pickup in large areas of the Northeast due to “Winter Storm Juno,” aka the Blizzard of 2015, while online marketplaces warned users of the possible impact of the […]
Google Puts Product Ads Above Organic Search Results
Searching Google for product information, whether over holiday periods or otherwise, used to yield organic search results in order of relevancy. But now, Google has populated that high-end virtual real estate with a variety of […]
USPS Priority Mail Rate Filing Impacts Merchants
The USPS filed a notice about its rate plans for Priority Mail, a popular service among online sellers. But the filing with the Postal Regulatory Commission included some good news – the Postal Service wants […]