Buying “pre-owned” designer goods online sight-unseen can be risky. One P2P marketplace has figured out a new way to put buyers’ minds at ease – Poshmark has launched a free authentication service that works on all orders over $500. When Read more
Amazon competitors may need the company’s latest product upon learning about it – Amazon is selling its own branded diapers and baby wipes, it announced Thursday. And it’s not stopping there. It isn’t Amazon’s first foray into private label brands – Amazon Read more
Stripe raised $70 million in funding this week according to the Financial Times, which said the company is now valued at $3.5 billion. “It follows an $80m fundraising in January that valued the company at $1.75bn and will help with expanding Read more
Amazon made a big show of the robots powering its warehouses on Monday, with major media coverage. But on Wednesday, it became clear to sellers who use Amazon’s fulfillment service that investing in technology ain’t free: Amazon is raising the Read more
eBay is rolling out one of those features that is so basic that it has one wondering what took it so long to implement. The new optional feature eliminates some of the negative consequences sellers face when they run out Read more
Cyber Monday shopping through desktops was up 17% over last year and was the only day to ever surpass $2 billion in sales, according to comScore. The holiday season as a whole is up 16% over the corresponding period last year. Read more
Amazon founder Jeff Bezos said the company has a succession plan (“for me and all of our senior executives”), but clearly from this Geekwire article, he’s having too much fun as CEO to get people thinking there is anything imminent in Read more
Is eBay founder Pierre Omidyar “the consummate passive-aggressive predator”? That’s what Pando Daily called him in an article that takes a harsh look at the role the eBay chairman played in eBay’s acquisition of a stake in Craigslist and the way eBay Read more
It can feel risky to accept orders from overseas buyers thanks in great part to language barriers and untested postal systems, so it’s not surprising that there are many countries to which online sellers would rather avoid shipping packages. But Read more
The National Retail Federation caused a stir when it released its annual Thanksgiving weekend and Cyber Monday consumer surveys. NRF’s Matthew Shay took fingers to keyboard to explain that while there was a lot of focus on the results showing that fewer Read more
