Amazon made two announcements on Tuesday (July 21) in advance of what is expected to be a blockbuster earnings report next week. The company has officially postponed Prime Day in the U.S. and has announced positive results of its SMB program. The Prime Day announcement...
Digital lending marketplace BitX Funding, which matches business owners and non-bank lenders, is aiming to help Amazon third-party (3P) sellers grow. The company has brought in more than $50 million in financing for small companies throughout the country since 2013 by “breaking down the barriers...
U.S. lawmakers are up in arms over accusations that Amazon abuses its position as an online platform by producing copycat products, which then compete against the sellers who offer their own products on the eCommerce giant’s site. Renewed scrutiny of Amazon was sparked by a...
It turned out to be a surprisingly strong quarter for online craft marketplace Etsy. Net income came in at $31.3 million, or 25 cents a share. That is down from a year ago, when Etsy reported net income of $41.3 million, or 32 cents a...
January 10, 2020
Serving the needs of Americas millions of micro-merchants and mom-and-pop shops is one of those business plans that always sounds much easier in theory than it turns out to be in practice. The simple reason? Diversity. Other than being small, they’re a rather diffused group in terms of who they serve, what they sell, their […]
January 03, 2020
There are certain years (and events) that represent significant shifts in business, where there was a way things were done — until everything changed. In an interview with PYMNTS, Liz...
June 11, 2019
In the world of physical retail, finding a product to buy is rather straightforward: People go to stores, find something that suits their needs, pay for it and take it...
June 07, 2019
While it might not look like much at first glance, an escalating legal spat between Walmart-owned, Indian eCommerce marketplace Flipkart and a small, relatively unknown New Delhi wearables maker might...
November 01, 2023
Latin American eCommerce platform Mercado Libre reported third-quarter earnings that surpassed expectations and showcased its success in the region. The company’s income from operations reached a record high of $685 million in the quarter, up 131% year over year (YoY), Mercado Libre said in a Wednesday (Nov. 1) letter to shareholders. The increase was supported by […]
May 05, 2020
Digital lending marketplace BitX Funding, which matches business owners and non-bank lenders, is aiming to help Amazon third-party (3P) sellers grow. The company has brought in more than $50 million...
April 28, 2020
U.S. lawmakers are up in arms over accusations that Amazon abuses its position as an online platform by producing copycat products, which then compete against the sellers who offer their...
January 13, 2020
Amazon is cracking down on the sale of counterfeit goods, saying it will now cooperate more intensely with law enforcement on those matters. According to a source who spoke to...
