Amazon announced third-quarter results today. Total net sales increased 37% to $96.1 billion in the third quarter, compared with $70.0 billion in third quarter 2019. BNN Bloomberg journalist Jon Erlichman tweeted an interesting chart showing Amazon’s third-quarter revenue going back Read more
eBay said it added “hundreds of thousands” of sellers to Managed Payments since July, bringing the current number of active sellers enrolled in the program worldwide to 340,000. Alyssa Cutright, who is Vice President of Global Payments, updated sellers on Read more
eBay saw third-quarter 2020 GMV (value of sales on its marketplace) grow 22% year over year. An excerpt of the company press release follows with a link to the full release below. eBay Inc. Reports Better Than Expected Third Quarter Read more
Etsy saw third-quarter 2020 GMS (value of sales on its marketplace) grow 119% year over year. An excerpt of the company press release follows with a link to the full release below. Etsy, Inc. Reports Third Quarter 2020 Financial ResultsReports Read more
eBay is offering a 15% off coupon on “Certified Refurbished” items using the code PICKCR15. It expires at midnight tonight (October 28). No minimum purchase is required, but the coupon discount is capped at a maximum value of $100. There Read more
Etsy named the 12 winners of its 2020 Design Awards on Tuesday, with $15,000 going to Grand Prize winner AdrianMartinus for its $4,350 credenza made from recycled skateboards. The winners were chosen from 100 finalists and thousands of entries by Read more
Amazon is creating an additional 100,000 seasonal jobs for the holidays, it announced on Tuesday. Jobs in Amazon’s operations network include stowing, picking, packing shipping and delivering customer orders, and can also include a wide variety of other jobs including Read more
eBay’s former head of Global Security pleaded guilty on Tuesday to charges related to an aggressive cyberstalking campaign. He was the 7th former eBay employee charged in the case, and the third to plead guilty. The Department of Justice Press Read more
Sellers with a store hosted on the Shopify platform can advertise on TikTok thanks to a new integration. TikTok is an “entertainment” platform where users can upload short videos – this 2018 article from Slate provides background for those unfamiliar Read more
Amazon charges sellers for storing their inventory in its FBA fulfillment centers, but it would much rather have inventory sell quickly than sit on its shelves. That’s why it instituted long-term storage fees – to improve inventory-turn in its warehouses. Read more
