Etsy is acquiring music-gear marketplace Reverb for $275 million in cash. In announcing the news, Reverb founder and CEO David Kalt said Reverb would remain a standalone business, but with the added support of Etsy. “Your ability to buy, sell, Read more
One of the biggest problems with mobile and online classifieds is the flaky buyer who doesn’t show up after agreeing to make a purchase, as we hear year after year in the Sellers Choice ratings. OfferUp thinks it has a Read more
Amazon thinks a lot about product packaging and is celebrating the 11th anniversary of its Frustration-Free Packaging program. But it’s about more than making it easier for customers to open their items and avoid “wrap rage.” The program helps defend Read more
An eBay moderator confirmed the company has been enrolling sellers into its “Cross Border Listing Program” that is powered by third-party vendor WebInterpret. It is an ongoing program that is presented to some sellers as an opt-in promotion and to Read more
eBay is making sellers’ listings (what it calls “eBay’s global inventory”) available on Indian marketplace Paytm Mall, making items accessible to tens of millions of Paytm Mall active customers. As part of the agreement, eBay is taking a 5.5% stake Read more
Amazon informed sellers on Wednesday it is making changes to the Business Solutions Agreement. A summary of the changes is available for sellers to review here, and Amazon made available a “redlined” version of the agreement so sellers could read Read more
eBay CEO Devin Wenig said there was no material change resulting from Google algorithm updates in the May – June timeframe. He was responding to Wall Street analyst Mark May of Citi who asked about data that indicated eBay’s traffic Read more
Sales on eBay Marketplace, referred to as Gross Merchandise Volume (GMV), were $21.5 billion in the second quarter, down 5% on an as-reported basis and down 1% on a FX-Neutral basis. Marketplace revenue was $2.2 billion, which was 1% growth Read more
eBay was advertising $99 AirPods in Australia as part of its Amazon Prime Day deals, but buyers encountered problems that led to frustration and disappointment. It’s eBay’s third major cockup in as many months that left buyers holding an empty Read more
The European Commission opened an antitrust investigation into whether Amazon uses third-party merchant data in breach of EU rules. Amazon’s dual role as marketplace and retailer puts it in an unusual position, and the Commission wants to study how Amazon Read more
