Ecommerce Industry News
Auction site Proxibid reported double-digit growth in online sales in 2015 and a nearly 50% increase in Merchandise Value (GMV) compared to 2014. The company attributes the strong growth in part to a partnership with […]
Best Buy opened its site to third-party merchants in 2011, and today, February 24, 2016, it is cutting them loose with the closure of its Marketplace business. The closure affects only the US marketplace on […]
Etsy grew Gross Merchandise Sales 21.3% to $741.5 million in the fourth quarter of 2015, the company revealed Tuesday when it released earnings. It said the growth was driven by a 15.5% year-over-year growth in […]
“What will eBay do with $750 million?” a reader asked upon reading that the company was raising that amount by offering 6% notes. According to eBay’s press release on Monday, it expects its offering of $750 million […]