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
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
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
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
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
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
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
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
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
eBay issued an advisory to sellers on Thursday about UK postal delivery delays and said it would update protections offered to sellers as a result. “In response to limited Royal Mail deliveries to some areas, we’ve extended our buyer-facing delivery Read more
