ScaleFactor raised $30 million to help small businesses manage their accounting and finances, the latest funding round for the company led by Bessemer Venture Partners, which helped fund companies like Shopify and Yelp. The company also made some executive hires, Read more
eBay expanded its “Retail Revival” initiative to Canada on Thursday. The program helps local retailers sell online nationally and internationally. eBay said all three levels of Canadian government support the program launch in Halifax, Nova Scotia. This week’s announcement follows Read more
Amazon, the National Retail Federation, and other representatives from the Package Coalition were in Washington, DC on Thursday advocating the importance of keeping 6-day and rural delivery affordable through the US Postal Service. “Our members who engage in ecommerce rely Read more
The National Retail Federation (NRF) said a study it conducted found “more online shoppers want free shipping.” While the headline above is facetious, it’s true that online sellers are frustrated over the expectations large retailers and marketplaces are setting when Read more
Bonanza co-founder Mark Dorsey quietly left the company 2 weeks ago and is selling his shares in the company. He declined to provide details about the circumstances surrounding his departure, and Bonanza founder and CEO Bill Harding did not respond Read more
Etsy reopened its discussion boards after a nearly 2-week hiatus, along with Etsy “Teams,” the company’s version of groups. Etsy expanded the new forum topic sections, including adding a new shop critique section. Etsy said the new platform makes it Read more
eBay is once again in the crosshairs of an activist investor, this time Elliott Management, which said it “beneficially owns” over 4% of eBay, making it one of the company’s largest investors. The last time an activist investor took aim Read more
For a decade or more, eBay tolerated a selling practice known as “Amazon drop-shipping” that left some buyers confused or upset when their orders arrived in Amazon boxes. In 2017, eBay even told sellers it allowed the practice. But with Read more
Amazon wants to change its image as a retail goliath and have people think of it as a platform for supporting small businesses. On Friday, it issued a press release to support that notion. Amazon particularly wants to be seen Read more
PayPal is making a change to its subscription feature that allows sellers to offer recurring payments, subscriptions, automatic billing, and installment plans to their customers. PayPal announced that starting February 1st, 2019, it will be making a change to the Read more
