Three customers filed a class action lawsuit alleging PayPal violated racketeering laws (RICO) over its payment holds practices, but a judge recently sent the case to arbitration, according to an article in Bloomberg. Many companies, including ecommerce services, have added Read more
With Bill Ready presiding over commerce and payments at Google, the search giant made some significant seller-friendly changes. But after only 2 and a half years, Ready is leaving Google to become CEO of Pinterest on June 29, 2022. “As Read more
A survey of 550 small-business leaders in April found they remained confident despite concerns of a looming recession. While more than four in five respondents (83%) were concerned there would be a US economic recession soon, 80% of businesses said Read more
Amazon’s big Prime Day shopping event is only 2 weeks away, falling on July 12-13 this year, meaning other retailers and online sellers are hoping to capitalize on the halo effect from shoppers whipped up into a bargain-hunting frenzy. In Read more
eBay’s System Status Board is currently showing a service disruption with its Sign-in functionality. Going to the eBay Technical Issues board didn’t show any reports (perhaps because people couldn’t sign in to leave a report?), but it also revealed numerous Read more
Inventory surpluses among large retailers are leading to widespread discounts for US shoppers, according to Pitney Bowes. Shoppers anticipate taking advantage of markdowns over the next six months, it found in a new survey. It also found that many survey Read more
eBay will give away 3 one-hour coaching sessions to the winner of a new sweepstakes. eBay in-house business advisors will give one-on-one coaching sessions and will analyze the winning eBay seller’s store and provide personalized feedback. eBay is running the Read more
Amazon is making a change to how sellers will replenish their inventory in its fulfillment centers, it announced Wednesday, yet another change to which sellers must adapt. “On September 1, 2022, Send to Amazon will replace the Send/replenish inventory workflow Read more
eBay has been eager to capitalize on the hype around NFTs, and today it announced it acquired KnownOrigin, a marketplace for buying and selling digital collectibles. (NFT is short for Non-Fungible Token, a unique digital asset backed by the blockchain.) Read more
Amazon is tightening its liability insurance policy for low-volume sellers. Previously, Amazon required sellers to obtain commercial liability insurance plans with deductibles up to $10,000. Now, sellers whose gross sales are $1 million or less may not have any deductible Read more
