eBay has been eager to capitalize on the hype around NFTs, and today it announced it acquired KnownOrigin, a marketplace for buying and selling digital collectibles. (NFT is short for Non-Fungible Token, a unique digital asset backed by the blockchain.) Read more
Amazon is tightening its liability insurance policy for low-volume sellers. Previously, Amazon required sellers to obtain commercial liability insurance plans with deductibles up to $10,000. Now, sellers whose gross sales are $1 million or less may not have any deductible Read more
eBay imposes a different set of fees for selling vehicles on eBay Motors, and on Tuesday, the company announced new price caps impacting fixed-price listings. Fees for listing and selling on eBay Motors vary depending on the type of vehicle, Read more
Amazon named a new CEO to run a unit formerly called Worldwide Consumer that it has renamed Worldwide Amazon Stores. Company CEO Andy Jassy announced Doug Herrington is taking over as CEO of the unit. Herrington, who has been at Read more
Facebook launched a new feedback policy on Monday to crack down on fake reviews and questionable content. The new “Community Feedback policy” applies to user-generated content on Facebook Marketplace and Shops. “The new policy was created to ensure that reviews Read more
After Business Insider wrote today about a fall shopping event Amazon is planning (its article is behind a paywall), EcommerceBytes went looking for information and confirmation. First stop, Amazon itself. “We do not comment on rumors or speculation,” an Amazon Read more
Bonanza is celebrating its longevity with a sale on membership subscriptions. The online marketplace launched in 2008, attracting the attention of eBay sellers who were reeling from the changes the new CEO was implementing at a frenetic pace. Bonanza remained Read more
eBay is closing its marketplace platform in Turkey, losing 4 million active buyers as a result. It comes 15 years after eBay’s initial investment in GittiGidiyor, and 3 months after Amazon announced it would build its first fulfillment center in Read more
The following is a press release issued by the Department of Justice U.S. Attorney’s Office for the District of Massachusetts dated May 13 and published to its website on June 9, 2022 regarding the May 12th guilty plea of eBay Read more
Poshmark will hold its annual conference “in real life” in September and is seeking presenters to speak at the event. PoshFest is a two-day “fashion and entrepreneurship conference where the community comes together to connect, learn, and enjoy the ultimate Read more
