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Day: June 2, 2021

eBay Brings Back Authentication to Handbag Category

June 2, 2021June 2, 2021 Ina Steiner
eBay

Compare and contrast: eBay announced an authentication program for luxury handbags this week – but how is it different from the program it launched in 2017? (And whatever happened to that program?) Here’s what eBay announced today: “As the marketplace’s Read more

Marketplaces, NewseBay, eBay Authenticate, eBay authentication service, eBay Authenticity Guarantee, eBay vertical strategy2 Comments

eBay to Sell Classifieds Unit and Acquire Stake in the Buyer

June 2, 2021 Ina Steiner
eBay

eBay knows what it’s like to encounter friction as a seller – though not on its own marketplace. eBay was initially thwarted in a $9.2 billion deal to sell its Classifieds unit to a company called Adevinta when UK regulators Read more

Marketplaces, NewsAdevinta, Competition and Markets Authority, eBay, eBay Classifieds, Merger and Acquisition, Russmedia, Shpock

Amazon Says Prime Day 2021 Will Help Small Business Sellers

June 2, 2021June 2, 2021 Ina Steiner
Amazon

Small and medium businesses will offer more than a million deals this Prime Day, which will be held on June 21 and 22 this year, Amazon announced today. Among the highlights Amazon called out are the following: Prime Day will Read more

Marketplaces, NewsAmazon Prime Day 2021

Etsy to Buy Depop for $1.6 Billion, Sellers React

June 2, 2021June 2, 2021 Ina Steiner
Etsy

Etsy will acquire Depop for $1.625 billion in a primarily cash deal. Etsy described the company in its press release as a “privately-held, community-led, and purpose-driven marketplace for unique fashion” that was founded in 2011. Depop boasted 4 million active Read more

Marketplaces, NewsDepop, Etsy, Etsy acquisition, Fast fashion, Merger and Acquisition5 Comments


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