eBay grew Gross Merchandise Volume 21% in the fourth quarter to $26.6 billion in the fourth quarter, year-over-year. It grew revenue 28% during the same period to $2.9 billion. Interestingly eBay plowed the proceeds of the sale of its business Read more
eBay announced Tuesday it would extend seller protections to those impacted by this week’s storm in the Northeast. eBay advised sellers to communicate with buyers and extend handling time on listings if they expected delays. eBay further advised sellers how Read more
Canadian retailer Hudson’s Bay (aka, La Baie D’Hudson) invited third-party sellers to join a new marketplace it will launch this year on its existing platform, thebay.com The Bay, as the retailer is known colloquially, was incorporated in 1670, making it Read more
Amazon grew sales by 40% in North America in the 4th quarter of 2020, 57% internationally, and its AWS division grew 28%, for consolidated sales growth of 44% (or 42% currency neutral). Amazon announced financial results for its fourth quarter Read more
Amazon launched a new program that impacts how sellers can receive proceeds from their Amazon sales. Many merchants choose to have disbursements made directly into their bank accounts – those sellers won’t be impacted by the new policy. But some Read more
eBay has a new Chief Marketing Officer after the departure of Suzy Deering, one who will also oversee Seller Community and eBay Canada. eBay promoted an executive into a newly combined role that may signal a new era of communication Read more
Amazon is expanding a program that motivates sellers to list products that are new to its FBA fulfillment program to increase selection on its marketplace. It formalized the program in late 2019 with the name FBA New Selection, offering limited Read more
Bonanza said it has improved its customer support over the past year and ended 2020 by achieving its goal of improving response time to customer inquiries. It also launched an automated system to suggest solutions to customers contacting it with Read more
eBay CEO Jamie Iannone recently met European Commissioner for Justice Didier Reynders and discussed consumer safety on online marketplaces; eBay’s response to challenges around COVID; the circular economy; and eBay’s leading role in enabling SMEs to develop their online business, Read more
eBay’s former Vice President of Seller & Marketplace Operations landed a position at high-end luxury retail chain Neiman Marcus Group. Bob Kupbens will join Neiman Marcus in February as Executive Vice President, Chief Product and Technology Officer. He will report Read more
