AliExpress has launched an initiative designed to invite U.S.-based retailers to sell on its international online marketplace. The initiative, AliExpressDirect, offers U.S. sellers AliExpress’ 0% commission and $0 onboarding costs during a special introductory period as well as marketing, business and customer service support at...
The RealReal has appointed President and Chief Operating Officer Rati Sahi Levesque as president and CEO and as a member of the board. Levesque succeeds John Koryl, who has left the company and is no longer on the board, the online marketplace for resale luxury...
Getnet launched a regional eCommerce solution that provides a single entry point (SEP) for payments in Argentina, Brazil, Chile and Mexico. The new Getnet SEP gives merchants in these countries access to Getnet’s payment services through one integration, the company said in a Friday (Oct....
“Data readiness” refers to an organization’s ability to collect, manage and use data effectively. It involves ensuring that the data is accurate, accessible, secure and in a format that supports business decision making. The value is clear. Analyzing the most current data can quicken...
Poshmark will return to its original fee structure three weeks after introducing a new one that aimed to balance fees between sellers and shoppers. The short-lived fee structure that was implemented Oct. 3 lowered fees for sellers but raised them for buyers. “We made the...
About two weeks after lowering fees for sellers but raising them for buyers, online marketplace Poshmark is reportedly rethinking that change. Some users of the Poshmark app have seen a message saying, “We’re actively working on our new fee structure to better meet your needs....
Buybuy Baby’s brick-and-mortar comeback seems to be short-lived. The baby retailer — which had been part of Bed Bath and Beyond — closed and liquidated 115 locations last year as its parent went bankrupt. Months later, it announced a new strategy and the opening of...
Amazon says customers saved more than $1 billion during its October shopping event. The eCommerce giant touted this statistic in a Thursday (Oct. 10) press release in the wake of its latest Prime Big Deal Days event, which it dubbed its “biggest ever.” While not providing specific figures,...
Mercado Libre is witnessing a consumption recovery in Argentina amid a period of “profound economic transition.” The Latin American eCommerce/FinTech platform announced Tuesday (Oct. 8) that it had sold a record 20 million products on its platform in August. “While in the first months of...