It was interesting to see how online marketplaces performed in the first quarter of 2020, since it reflects how sellers on their platform fared. eBay’s US GMV was down 4% year-over-year in the first three months of the year, but Read more
Amazon is testing a new program to vet new sellers, according to Geekwire, which broke the news on Sunday. Amazon told the publication it began the pilot program early this year that initially included in-person appointments with prospective sellers, but Read more
Amazon executive Dharmesh Mehta told sellers the company has heard from many of them about the significant challenges they face in maintaining inventory levels, coordinating operations, logistics, and fulfillment capabilities, and in managing day-to-day business and employees – as well Read more
Consumers in California filed a federal lawsuit against Amazon for alleged price gouging during the coronavirus pandemic, according to Law360. The publication for law professionals said the lawsuit claims high-demand items – including face masks and cold remedies – showed Read more
Amazon shuts down in FranceThe AP reported a French court has required Amazon to stop selling “non-essential” goods for a month while it worked out new worker safety measures. Citing the complexity of trying to comply, Amazon temporarily suspended all Read more
Amazon is continuing its hiring spree after brining on over 100,000 new associates across the US in the last four weeks. On Monday, it said it’s hiring for an additional 75,000 jobs. It is regularly posting updates about developments related Read more
Amazon informed sellers they can try reactivating items they believe were incorrectly blocked in the marketplace’s efforts to fight price gouging. It’s a difficult situation for sellers as marketplaces like Amazon, eBay, and others try to crack down on price Read more
Amazon is famous for what it calls its “customer obsession,” but the COVID-19 pandemic is hitting home the fact that without healthy employees, it’s hampered in achieving that mission. So it’s calling on some of its other “leadership principles” to Read more
Amazon is waiving seller referral fees of certain medical supplies that are in high demand due to the coronavirus pandemic, part of an effort to encourage sellers to make additional inventory of the items available “at competitive prices to these Read more
Amazon disclosed the 2019 salary and total compensation of its top executives including its CEO, and it detailed the issues on which shareholders will vote at its annual meeting in May. The company revealed that founder and CEO Jeff Bezos Read more
