eBay announced the five winners of the 2018 Shine Awards for Small Business during last week’s eBay Open conference in Las Vegas. Thousands of sellers had submitted applications, and eBay selected 15 finalists in five categories in June. eBay explained Read more
eBay is paying buyers $5 to make a purchase this summer through a coupon offer. It sent an email to some users at the end of July with the subject line, “You’ve got $5!” The invitation read, “You’ve Got $5! Read more
PayPal grew revenue 23% to $3.86 billion in the second quarter of 2018, the company announced on Wednesday, growing total active accounts to 244 million, up 18%. It grew payment transactions by 28% to 2.3 billion and total payment volume Read more
Amazon grew net sales 39% to $52.9 billion in the second quarter of 2018 compared with Q2-2017, or 37% excluding effects of foreign exchange (currency). The numbers reflect all units including its AWS web-hosting business. It showed a profit (net Read more
Etsy added a drop of clarity to a murky subject when it published a post about online sales tax on Thursday. Sellers want online marketplaces to tell them what they are doing – and what sellers should be doing – Read more
Stamps.com will acquire MetaPack Ltd., a UK company that provides an enterprise-level solution to global retailers and brands, for approximately $230 million in cash. MetaPack has 500 customers and processed over 550 million parcel shipments in 2017. It has 350 Read more
Amazon announced plans for a sixth fulfillment center in Ontario, Canada, this one in the town of Caledon in the greater Toronto area. Earlier this month, it announced plans to build a new fulfillment center in the eastern suburbs of Read more
eBay Senior Vice President of eBay Marketplaces for the Americas Scott Cutler keeps a low profile in stark contrast to those who previously filled his position. On Tuesday, he spoke at the eBay Open conference in Las Vegas to a Read more
eBay CEO Devin Wenig spoke on Tuesday at the eBay Open summit where he answered questions from eBay sellers that were presented by “celebrity” seller Corri McFadden. About 2,000 sellers are attending the event in Las Vegas this week, according Read more
eBay CEO Devin Wenig said he has spoken to President Trump about the online sales tax issue in the wake of the Supreme Court ruling in South Dakota vs. Wayfair, but the two men obviously disagree on how the case Read more
