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  • 2020
  • March
  • Page 3

Month: March 2020

Jeff Bezos Ordered Millions of Masks for Amazon Employees

March 21, 2020March 21, 2020 Ina Steiner
Amazon

Amazon founder and CEO Jeff Bezos published a letter to employees on Saturday in which he revealed the company had placed orders for millions of face masks for employees who cannot work from home and who are providing a vital Read more

Marketplaces, NewsAmazon, coronavirus, Jeff Bezos3 Comments

Etsy Defers Offsite Ad Fees, Offers Grace Period for Some

March 20, 2020March 20, 2020 Ina Steiner
Etsy

Etsy is providing a one-month grace period to any seller who needs extra time paying their bills due to the COVID-19 outbreak. The news came in an email from Etsy CEO Josh Silverman on Friday, and the devil is in Read more

Marketplaces, Newscoronavirus, Etsy, Etsy Offsite Ads, Josh Silverman8 Comments

Interim CEO Describes eBay’s Response to Coronavirus

March 20, 2020March 20, 2020 Ina Steiner
eBay

eBay Interim CEO Scott Schenkel published a letter to the greater eBay community on Friday in a post on the company’s corporate blog. He reiterated that eBay would offer seller protection in the event of interruptions from service carriers (presumably Read more

Marketplaces, Newscoronavirus, eBay, Scott Schenkel1 Comment

eBay CEO to Employees: Our Sellers Depend on Us

March 20, 2020March 20, 2020 Ina Steiner
eBay

eBay Interim CEO Scott Schenkel sent an email to all employees on Thursday in response to the action taken by activist investor Starboard Value LP. In it, he asked them to stay focused, acknowledging that it wasn’t easy given the Read more

Marketplaces, NewseBay, eBay board of directors, Proxy fight, Scott Schenkel, Starboard Value LP1 Comment

Etsy Asks Congress to Consider Aid for the Self-Employed

March 19, 2020March 19, 2020 Ina Steiner
Etsy

Congress is working on emergency relief efforts to help individuals and businesses impacted by the coronavirus outbreak, but Etsy said the self-employed were largely not covered by the current proposals. Many sellers don’t qualify for social safety net programs such Read more

Marketplaces, Newscoronavirus, Etsy, Josh Silverman2 Comments

eBay Calls Starboard Actions Unreasonable and Detrimental

March 19, 2020March 19, 2020 Ina Steiner
eBay

eBay responded to a letter its Board of Directors received this morning from activist investor Starboard Value LP pressuring it to hire an outside candidate for its CEO position and add four new members to its Board of Directors. Starboard Read more

Marketplaces, NewsActivist investor, eBay, eBay board of directors, Starboard Value LP5 Comments

eBay Pressured to Fill CEO Spot and Add Four to Board

March 19, 2020March 19, 2020 Ina Steiner
eBay

Activist investor Starboard Value LP made public its demands to eBay that it hire an outside candidate for its CEO position and add four new members to its Board of Directors. In a letter today to Thomas Tierney, eBay’s Chairman Read more

Marketplaces, NewsActivist investor, Devin Wenig, eBay, Eddy Hartenstein, Peter Feld, Scott Schenkel, Shannon Brayton, Starboard Value LP, Stephanie Tilenius

eBay Suspends Seller Performance Downgrades

March 19, 2020March 19, 2020 Ina Steiner
eBay

eBay is suspending seller performance downgrades through the June 20th evaluation period. However, it will continue to upgrade sellers if their performance improves. eBay said it is making the change because of “unprecedented challenges” sellers are facing due to the Read more

Marketplaces, Newscoronavirus, eBay, eBay seller protection1 Comment

eBay Warns of Customer Service Delays

March 18, 2020March 18, 2020 Ina Steiner
eBay

eBay warned users to expect customer service delays due to the coronavirus as it suspends phone support in some areas and transitions some staff to work from home. eBay announcement follows: Following guidance from local health authorities, we are currently Read more

Marketplaces, Newscoronavirus, eBay, eBay customer service

Seller Says Check Your PayPal 1099Ks

March 17, 2020March 17, 2020 Ina Steiner
PayPal

Mistakes happen, but when they are made on tax reports filed with the IRS, it’s important that they are corrected to ensure you don’t overpay or potentially lead to an audit. A reader told us that when PayPal issued him Read more

News, Payments1099K, PayPal12 Comments

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