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
eBay entered into a partnership with Square Capital to provide eBay sellers with business financing. in its announcement, eBay said, “sellers may be eligible to receive up to $100,000 in funding in as little as one business day.” Press release Read more
Buyers may be able to pay for eBay purchases using Apple Pay beginning this fall, eBay announced this morning. eBay is making a change to how buyers pay for goods, replacing PayPal with Adyen as its primary payments processing partner Read more
Amazon is running a promotion to get Prime members to download and sign-in to its mobile app for the first time. The incentive is the generous sum of $10. Amazon has previously said Prime members spend more than non-Prime members, Read more
