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Category: Marketplaces

eBay Replaces Chief Executive in Charge of HR

January 20, 2021January 20, 2021 Ina Steiner
eBay

eBay’s head of Human Resources is departing the company. eBay’s awkwardly worded filing with the SEC said that on January 19th, Kristin Yetto “agreed to step down from her role.” The next day, eBay publicly announced that Cornelius Boone will Read more

Marketplaces, NewsCornelius Boone, eBay executives, Kristin Yetto3 Comments

Etsy Board Gives CEO $9 Million Retention Bonus

January 20, 2021January 20, 2021 Ina Steiner
Etsy

Etsy’s board of directors is giving its CEO Josh Silverman a $9 million equity award to retain and motivate him over the next four years. According to Etsy’s filing with the SEC, the board of directors and the compensation committee Read more

Marketplaces, NewsEtsy, Etsy executive compensation, Executive compensation, Josh Silverman2 Comments

eBay May Sell Off Another Division

January 19, 2021 Ina Steiner
eBay

After selling its Stubhub ticket marketplace and online classifieds business, eBay appears to be ready to jettison yet another division: eBay Korea. There had been reports since the spring that eBay was looking for a buyer for its Korean marketplace, Read more

Marketplaces, NewseBay, eBay divestiture, eBay Korea, Gmarket2 Comments

Etsy Letter to Sellers about Payment Holds (Reserves)

January 19, 2021January 19, 2021 Ina Steiner
Etsy

Etsy is updating its seller policies, which will go into effect on February 23, 2021. We posted information about the new payment holds (which Etsy calls “reserves”) on the AuctionBytes Blog, “Etsy to Hold More Funds due to Increase in Read more

Marketplaces, NewsEtsy, Etsy changes, Etsy payment holds, Etsy Payments1 Comment

eBay to Change Seller Listing Experience

January 19, 2021January 20, 2021 Ina Steiner
eBay

Listing items for sale on eBay can feel different depending on whether you’re using a mobile device or a desktop computer. eBay set out to change that, and today it announced the new “Unified Listing Experience” and made it available Read more

Marketplaces, NewseBay changes, eBay Unified Listing Experience4 Comments

eBay CEO Meets European Commissioner to Discuss Regulations

January 19, 2021January 19, 2021 Ina Steiner
eBay

As the European Union works on regulations that will impact online platforms and digital services, the head of eBay met with EU Commissioner for Internal Market Thierry Breton. eBay CEO Jamie Iannone met the Commissioner virtually last week, and posted Read more

Marketplaces, NewsDigital Markets Act, Digital Services Act, eBay, European Commission, Jamie Iannone, Thierry Breton1 Comment

eBay to Expand Managed Payments to Sellers in China

January 19, 2021January 19, 2021 Ina Steiner
eBay

eBay will expand its Managed Payments mandate to sellers in China in April, the company announced on Monday. For context, eBay said it managed payments for over 20% of “on-platform” volume during the third quarter, with over 340,000 active sellers Read more

Marketplaces, NewsAlyssa Cutright, eBay China, eBay managed payments3 Comments

Amazon to Expand Logistics Capability in Italy before Christmas

January 18, 2021January 18, 2021 Ina Steiner
Amazon

Amazon is opening a new fulfillment center in Italy, as well as a new sortation center. Both will be operational by the fall in time for the holiday shopping season. “Amazon is further increasing the size of its Italian logistic Read more

Marketplaces, NewsAmazon FC, Amazon Italy, Amazon logistics

Bonanza Advises Sellers on How to Handle Holiday Returns

January 17, 2021January 17, 2021 Ina Steiner
Bonanza marketplace

As the Christmas holiday season turned to the New Year “season of returns” for the retail industry, online marketplace Bonanza provided sellers with information about how to handles returns. It first advised sellers of a change in the way it Read more

Marketplaces, NewsBonanza, Returns

New eBay Product Attributes to Become Mandatory Next Month

January 17, 2021January 17, 2021 Ina Steiner
eBay

eBay introduced new product attributes that sellers will be required to use in all new and revised listings effective February 22, 2021. A UK-based vendor that helps merchants comply with eBay Item Specific requirements reminded sellers in an announcement on Read more

Marketplaces, NewseBay, eBay Item Specifics, optiseller, Richard Falconer4 Comments

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