Remember when it looked like Facebook would help control the flow of cryptocurrency around the world? Facebook launched the Libra/Diem cryptocurrency initiative in June 2019 to great fanfare, but today, its assets were sold to Silvergate Capital Corporation. Companies had Read more
eBay had to release a new version of its mobile app in order to fix a bug that prevented sellers from listing. eBay acknowledged the glitch on threads where sellers reported the problem, but it did not seem to have Read more
Pinterest announced a new shopping feature called “Try On for Home Décor.” Pinterest users can shop from numerous retailers using the feature’s augmented reality (AR) technology. “This latest AR technology from Pinterest enables Pinners to virtually place items from US Read more
Amazon announced a new program designed to help foreign sellers deal with returns. In a nutshell: “If you don’t have a US return address, the Returns Provider program can connect you with service providers to manage your returns.” According to Read more
Amazon paid employees to act as cheerleaders, according to a news report in Slate. “Amazon FC Ambassadors were a group of Twitter accounts belonging to employees who were paid to respond to posts criticizing the company,” it wrote. The article Read more
Regulators have gone after third-party sellers on Amazon for engaging price-fixing, but today, news comes that Washington State’s Attorney General went after Amazon itself with similar charges, asserting one of its programs violated antitrust laws. Amazon will shut down the Read more
Daily domestic-package volume will hit a major milestone 4 years earlier than originally forecast by FedEx, the shipping carrier announced this week. Prior to the pandemic, FedEx projected that the US domestic package market would hit 100 million packages per Read more
Would you like to see your products on Walmart store shelves? Walmart invited US branded sellers to apply for its ninth Open Call, an annual event where its merchandisers vet American-made products for its stores and Sam’s Clubs. Walmart Marketplace Read more
Shoppers will return 16.6% of their retail purchases from 2021, according to the National Retail Federation (NRF), with some of the returns involving fraud. The NRF and Appriss Retail released a report today that found retailers expect over $761 billion Read more
After booting PWCC from its marketplace over the summer, eBay launched authentication for trading cards on its platform. The service, which is currently available for sneakers, watches, and handbags on eBay, will expand to trading cards priced at $750 and Read more
