Amazon called its advertising business a bright spot from both a product standpoint and also financially. Amazon Chief Financial Officer Brian Olsavsky made the remark when talking to analysts after reporting the company’s first-quarter performance on Thursday. Olsavsky called advertising Read more
eBay is now accepting applications for the third annual SHINE Small Business Awards. This year, eBay has a “Click-and-Mortar Business Owner” category (“A small business owner who sells both on eBay and from a physical retail location”). eBay is accepting Read more
eBay said 18% of all sellers surveyed said they owned or managed a physical storefront. The survey was conducted as part of a program called eBay Expressions that helps influence eBay design and functionality. eBay also found over half (53%) Read more
UPDATE 5:30 pm: Amazon raises cost of Prime membership in US from $99 to $119. Amazon.com Inc. grew net sales 43% to $51 billion in the first quarter of 2018 compared with $35.7 billion in first quarter 2017. The numbers reflect Read more
PayPal said Wednesday its revenue grew 22% year-over-year in the first quarter of 2018 on a foreign-exchange (fx)-neutral basis, reaching $3.69 billion. The payments firm indicated to Wall Street analysts it was doing fine nearly three years after splitting from Read more
eBay is running another sitewide sale today, but only until 1 pm PT (4 pm East Coast). Up until last month these types of flash sales had been rare, since unlike its Daily Deals, eBay has to subsidize them. Today’s Read more
eBay grew Gross Merchandise Volume (the value of goods sold on its Marketplaces) by 13% in the first three months of 2018, or by 7% on an FX neutral basis (foreign exchange). That was the same FX-neutral growth rate as Read more
BigCommerce raised another $64 million to grow its business of helping merchants and brands build online stores. The company said the funding would help it accelerate its product roadmap and expand internationally. The company was founded in 2009 and powers Read more
Ex Army officers who served in Afghanistan are the winners of the sixth annual FedEx Small Business Grant Contest. FedEx awarded $120,500 to the top ten winners and shares the fascinating story of the grand prize winners, co-founders of Rumi Read more
Amazon is a major sponsor at this week’s Magento Imagine developers conference and touted the benefits of its services, including its Amazon Pay payments solution for online merchants. Attendee John Hughes, Technical Director at FisheEye and a certified Magento specialist, Read more
