EBay’s gross merchandise volume (GMV) eked out slight gains in the most recent quarter, but the tally of 131 million active buyers in the quarter was unchanged. And growth may be a longer term story – a year-end story, in fact, amid uneven consumer spending. Investors sent the shares...
Online retailer Beyond has acquired Zulily, saying the move will boost its position in the off-price market. Zulily, a flash sale promoter and eCommerce retailer, will join Overstock and Bed Bath & Beyond in its new owner’s portfolio, Beyond said in a Thursday (March 7) press release. “This acquisition doubles down on our...
Mexico’s antitrust regulator Cofece has reportedly recommended that the government order Amazon and Mercado Libre to take “corrective measures” to ensure competition in the eCommerce market. These measures would include giving service providers greater transparency and separating streaming services from marketplace membership, and doing so within six months, Reuters reported Tuesday (Feb....
European Union (EU) antitrust regulators have reportedly put a temporary halt to their investigation into Amazon‘s $1.7 billion acquisition of robot vacuum cleaner maker iRobot. The European Commission (EC), responsible for enforcing competition laws in the European Union, delayed its decision on the deal due to the absence of crucial...
July 03, 2023
The announcement that H&M and Shein are diversifying their offerings through third-party assistance (brand incorporation or sellers) isn’t unusual because now when a consumer shops on Shein they can find a house appliance to go hand in hand with their summer crop top (It’s not totally bizarre, you can do the same thing on Amazon). […]
March 02, 2023
Once businesses go digital, they don’t go back. After all, the future only moves in one direction. That’s according to Luke Trayfoot, chief revenue officer of online marketplace payment technology...
September 09, 2019
Finding an apartment is no easy task, burdened by finding the right broker, the right landlord – and timing everything from the lease to internet service is stressful. Fresh off a...
September 03, 2019
Consumers are flocking to eCommerce, and more than 230 million U.S. consumers are expected to be shopping online by 2021. Merchants are eagerly striving to be selected to fulfill consumers’...
March 07, 2024
Online retailer Beyond has acquired Zulily, saying the move will boost its position in the off-price market. Zulily, a flash sale promoter and eCommerce retailer, will join Overstock and Bed Bath & Beyond in its new owner’s portfolio, Beyond said in a Thursday (March 7) press release. “This acquisition doubles down on our belief in the off-price market, and its importance to building […]
February 13, 2024
Mexico’s antitrust regulator Cofece has reportedly recommended that the government order Amazon and Mercado Libre to take “corrective measures” to ensure competition in the eCommerce market. These measures would include giving service providers greater transparency and...
September 11, 2023
European Union (EU) antitrust regulators have reportedly put a temporary halt to their investigation into Amazon‘s $1.7 billion acquisition of robot vacuum cleaner maker iRobot. The European Commission (EC), responsible for enforcing competition laws in...
July 26, 2023
eBay said its second quarter results exceeded expectations on key metrics as it continues its “tech-led reimagination.” The marketplace’s gross merchandise value (GMV), revenue and earnings per share (EPS) came in...
