Etsy is selling Reverb to two investment firms, Creator Partners and Servco. After separating from Etsy, the Reverb music-gear marketplace will no longer be part of a public company. Etsy had acquired Reverb in 2019. In its filing with the Read more
eBay informed international sellers this month that it would offer certain protections in the event that tariffs impacted their shipments to buyers located in the US. The marketplace posted information for Canadian, UK, and Australian sellers. Package delays into the Read more
Shipping carriers are instituting new international inbound fees and, in one case, terminating package delivery to US consumers. The firms cite delays in getting packages through US Customs, which processes and collects tariffs that are undergoing frequent changes by the Read more
Amazon advised sellers to prepare for the next Prime Day, which as we previously reported, will be a 4-day sale instead of spanning 2 days. Last month, Amazon reminded sellers who used its fulfillment services that they had until May Read more
eBay said it’s planning to enhance offer-management tools to give sellers more insight into and control over their seller-initiated offers. The news came as sellers grew frustrated that their items were selling for less than their list price due to Read more
eBay is partnering with Checkout.com, “a leading global digital payments company.” According to eBay’s announcement, the partnership will expand its global payment platform capabilities “to enhance customer experience and drive operational efficiencies.” eBay Vice President of Global Payments and Financial Read more
Etsy, Amazon, and eBay recently announced their latest initiatives using AI (artificial intelligence) to improve their marketplaces. Etsy is using AI to personalize shopping; Amazon is using AI to crack down on counterfeits; and eBay is using AI to improve Read more
PayPal is running a marketing campaign to encourage customers to use PayPal at checkout. It includes TV commercials featuring comedian Will Ferrell promoting a new $10 million sweepstakes. “PayPal has been transforming checkout to make paying with PayPal fast, easy, Read more
Etsy offered advice to sellers on dealing with tariffs and told them that buyers may be required to pay tariffs and fees on packages that are shipped internationally. The marketplace explained that in certain cases, it would protect sellers if Read more
Online marketplace Bonanza is raising commission fees from 3.5% to 11%, and it’s imposing new fees on larger-volume shops (called booths). Currently, Bonanza charges a 25-cent transaction fee for sellers who don’t have an active membership subscription, plus a commission Read more
