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Category: Marketplaces

Mercari Sellers Hit with Higher Fees

March 16, 2023March 16, 2023 Ina Steiner
Mercari

Mercari will begin charging payment processing fees on shipping costs in addition to the item-sold price. It will also raise disbursement fees, it informed customers in an email on Thursday. Sellers compared the change to fees assessed by eBay and Read more

Marketplaces, NewsMercari, Mercari fees9 Comments

New eBay Board Member Has Roots to eBay and Its Founder

March 16, 2023March 16, 2023 Ina Steiner
eBay

eBay added a new member to its Board of Directors on Tuesday, the company announced on Thursday, expanding the board to 10 members. Shripriya Mahesh worked for eBay for 5 years in the early 2000’s and was Head of Product Read more

Marketplaces, NewseBay, eBay board of directors, First Look Media, Omidyar Network, Paul Pressler, Pierre Omidyar, Shripriya Mahesh, Spero Ventures4 Comments

Current eBay Glitches Include Issues with Search, Shipping, Renewals

March 14, 2023March 14, 2023 Ina Steiner
eBay

eBay sellers are experiencing some significant issues that have been logged in the last few days impacting search; delivery status; eBay International Shipping (EIS); items incorrectly showing as out of stock; and listings up for renewal that simply disappear. eBay Read more

Marketplaces, NewseBay, eBay glitch, eBay Technical Issues board2 Comments

Amazon Hikes Off-Site Fulfillment Costs in Europe

March 13, 2023 Ina Steiner
Amazon

Amazon raised the cost of fulfilling orders through its Multi-Channel Fulfillment service (MCF). The third-party logistics solution is designed to let merchants leverage its network to fulfill off-Amazon orders (“to power their growth beyond Amazon.com”). Amazon published the news in Read more

Marketplaces, NewsAmazon, Amazon fees, Amazon MCF

eBay Changes Terms on Sharing Information with Payment Affiliates

March 13, 2023March 13, 2023 Ina Steiner
eBay

eBay updated its Payments Terms of Use, which goes into effect for new sellers on March 14, 2023, and goes into effect on May 14th for current sellers. eBay published a post on the Australia announcement board where it explained: Read more

Marketplaces, NewseBay, eBay payments, eBay Terms of Use1 Comment

Etsy Starts Unclogging Payout Jam That Impacted .05% of Active Sellers

March 13, 2023March 13, 2023 Ina Steiner
Etsy

Etsy has begun processing payments through a different processor in the wake of the Silicon Valley Bank (SVB) collapse on Friday that resulted in delayed disbursements to .05 percent of Etsy’s active sellers. It’s also working to pay sellers impacted Read more

Marketplaces, NewsEtsy, Silicon Valley Bank, SVB4 Comments

Online Sellers Operate in the Dark after SVB Collapse

March 12, 2023March 12, 2023 Ina Steiner
Seller tools

Etsy sellers and those with shops on Shopify have had to make important decisions about their ongoing operations in the wake of the Silicon Valley Bank collapse. (See, “Run on Silicon Valley Bank Impacts Operations at Tech Firms.”) (See update Read more

Marketplaces, NewsBradford Williams, Etsy, John Caplan, John McDonald, Payoneer, Poshmark, Shopify, Silicon Valley Bank, SVB, Tobi Lutke

Bonanza’s New Owner Has Big Plans for the eBay Alternative

March 10, 2023 Ina Steiner
Bonanza marketplace

Bonanza, which launched as an alternative to eBay in 2008, has a new owner. Quincy Faison acquired the online marketplace from Bonanza’s parent company, Alloy.dev. Bill Harding launched “Bonanzle” in 2008 and, 2 years later, raised funding, changed the name Read more

Marketplaces, NewsBill Harding, Bonanza, Merger and Acquisition, Quincy Faison11 Comments

eBay Fields Questions on New International Shipping Program

March 9, 2023March 9, 2023 Ina Steiner
eBay

The first comment out of the gate at this month’s eBay Chat on Wednesday was why eBay wouldn’t allow sellers to specify which items they allowed to be sent internationally on a listing-by-listing basis. Currently it’s an all or nothing Read more

Marketplaces, News, ShippingeBay, eBay EIS, eBay International Shipping2 Comments

eBay Accounting Change Highlights Shipping Profits

March 6, 2023March 6, 2023 Ina Steiner
eBay

eBay is making a change that will see it report higher revenue – and higher costs – due to the structure of its new international shipping program. eBay’s Chief Financial Officer (CFO) Steve Priest explained the change during a presentation Read more

Marketplaces, News, ShippingeBay EIS, eBay Global Shipping Program, eBay International Shipping, eBay Shipping, Jamie Iannone, Steve Priest5 Comments

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