eBay CEO Jamie Iannone’s recent comments about cryptocurrency, as cryptic as they were, caused a stir. Monday’s CNBC interview was not the first time eBay expressed interest in crypto, but together with the CEO’s comments about NFTs, it led to Read more
After a reporter from Insider reached out to Etsy about illicit goods allegedly available for sale on its marketplace, the company went on defense. “We’re investing at least $40 million in policy enforcement this year to ensure we uphold the Read more
This summer, the U.S. Postal Service is set to begin an ambitious trial program that will invite online sellers and other shippers to access its network directly for speedy local and regional package deliveries. Senior leaders at USPS on Monday Read more
eBay is looking to further monetize its site by adding new advertising models, including Promoted Listings for Auctions and CPC Ads, as well as an “offsite” ad program, and it is investing aggressively in innovation in this area. Wall Street Read more
Amazon expanded “Key by Amazon In-Garage Grocery Delivery” to over 5,000 U.S. cities and towns where grocery delivery from Amazon is available. While grocery delivery became more popular due to the pandemic, Amazon cited a recent survey to declare shoppers Read more
eBay sellers in the UK will pay more for eBay-branded packaging beginning May 1, 2021. eBay informed sellers that the higher prices were due to increased demand and the rising cost of packaging materials. eBay also said it was changing Read more
Amazon told sellers who use its Multi-Channel Fulfillment service about a new feature it’s adding when new fulfillment fees go into effect on June 1st. Multi-Channel Fulfillment is like FBA, but is open to orders placed by shoppers on merchants’ Read more
Amazon explained why it’s moving Prime Day up in the calendar this year – and said it had actually intended to do so last year. CFO Brian Olsavsky said Amazon Prime Day will be held by the end of the Read more
Amazon grew total sales 44% in the first three months of 2021 for its entire business, including the Amazon Marketplace. Sellers accounted for 55% of Amazon worldwide paid units (excluding Whole Foods Market). In Thursday’s press release announcing earnings, it Read more
eBay Gross Merchandise Volume grew 29% in the first three months of 2021, or 24% on an FX-neutral basis (foreign exchange). Meanwhile, eBay took in $3 billion in revenue, up 42% on an as-reported basis and up 38% on an Read more
