In May, more than 18 million new items posted for sale on Facebook Marketplace in the US, and the company is continuing to expand geographically what is in effect an online classifieds feature on the social networking site. Facebook Marketplace Read more
eBay is hosting a webinar this week to encourage sellers to open an eBay Store. The pitch: helping sellers build a better brand and get more buyers, in addition to saving money. Forum announcement follows: What’s in a Store? Unlock Read more
PayPal announced its plans to acquire Swift Financial, a provider of working capital solutions to small businesses. PayPal had jumped into the lending business in 2013 when it launched PayPal Working Capital, after it saw how other businesses such as Read more
eBay is providing a new way for shoppers to ask questions about generic products on catalog product pages, and any seller (and apparently other buyers) can answer those questions. The new Questions & Answers feature is not specific to particular Read more
The USPS saw flat revenue growth in its third fiscal quarter compared to the same quarter last year. The agency noted it saw lower volumes of First-Class Mail and Marketing Mail and continued growth in the lower-margin Shipping and Packages Read more
UPS is giving online sellers tools for managing returns. UPS is the first logistics provider to offer the ability to create a return shipment through a tracking results page – the outbound and return packages are linked in tracking, allowing Read more
A new report details retailers’ struggles with Amazon. Bluecore surveyed retail executives in May and found 56% of those surveyed believe Amazon’s presence in their markets has increased in the past two years, and 30% currently sell through Amazon. Bluecore Read more
Amazon is wooing brands with a new offering called Amazon Stores that replaces brand “pages,” which launched 5 years ago. The new Store offering provides brands a more powerful way to showcase their products – they can customize the look Read more
Startup companies in China will get to play with masked eBay data to spur innovation in technologies such as Artificial Intelligence and Big Data. (Here’s what masked data refers according to TechTarget.com.) eBay’s China Center of Excellence is designed to Read more
UPS Capital, the financing and insurance services arm of UPS, is offering B2B customers escrow services through Payoneer. It offers protection to sellers who are sourcing goods from overseas, for example. Not surprisingly, orders shipped within the worldwide UPS network Read more
