Value Added Resource Week In Review 1-29-23

Liz Morton ~ Founder
Liz Morton ~ Founder


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Welcome to the Value Added Resource ecommerce news week in review!

eBay News

Big news this week as authenticators at eBay-owned trading card marketplace TCGPlayer petitioned to form a union with support from Communications Workers of America. If successful, it will be the first union in the company's history.

Just two days after filing the petition, CWA also filed unfair labor practices charges against TCGPlayer and eBay alleging unlawful surveillance of union activity and coercion, calling out CEO Chedy Hampson specifically.

eBay’s TCGplayer Authenticators File Union Petition & NLRB Charges
Authentication workers at eBay-owned TCGPlayer petition to form a union with support from Communications Workers of America.

eBay Ventures has finally made its second investment, this time backing UK-based luxury resale outlet Cudoni in a $9 Million funding round.

eBay Ventures Backs Luxury Resale Outlet Cudoni In 2nd Investment
eBay Ventures finally makes a second investment, this time backing UK-based luxury resale outlet Cudoni.

eBay is betting on vouchers, fee discounts, and a sponsored partnership with Love Island to woo buyers and sellers of pre-loved fashion.

Will these (not so) cheap gimmicks work or is there heartache ahead for eBay?

Can Money Buy eBay Pre-Loved Fashion Love?
Will eBay win hearts with pre-loved fashion voucher promo & Love Island partnership or is heartache ahead?

A recent increase in unannounced changes, apparent tests of new features and functionalities and glitches has eBay sellers wondering if the first seller update of 2023 may be coming soon.

Is eBay Winter Seller Update 2023 Coming Soon?
Recent tests, unannounced changes, & glitches have eBay sellers asking if Winter Seller Update is on the way

Other Ecommerce News

Shopify announces significant prices increases across all plans effective immediately for new accounts and April 23 for existing merchants.

Shopify Increases Plan Prices Significantly Across The Board
Shopify announces price increase effective immediately for new accounts & on April 23 for existing merchants.

Walmart is pulling out the stops to win sellers over from competing marketplaces, now offering fee reductions and ad credits for new sellers to sweeten the deal.

Walmart Offers Reduced Fees, Ad Credits To Entice New Sellers
Walmart is pulling out the stops to woo new sellers, now offering fee reductions & ad credits to sweeten the deal.

Amazon is expanding their partnership with Stripe in a deal that will encompass payments for a significant portion of total payments volume across its businesses, including AWS, Prime, Audible, Kindle, Amazon Pay, Buy With Prime, and more.

Amazon & Stripe Expand Partnership, Dive Into Buy With Prime
Amazon & Stripe expanding corporate partnership to include payments Prime, Audible, Kindle, Amazon Pay, Buy With Prime, & more.

Etsy has announced it will be passing on discounted Cubic Rates to sellers to replace recently discontinued USPS Regional Rate Shipping.

Etsy Adds Discounted Cubic Rates To Replace USPS Regional Rate Shipping
Etsy offering sellers discounted Priority Mail Cubic rates to replace discontinued regional rate shipping.

Hestia Capital continues to throw its significant stake in Pitney Bowes around, putting forward seven board nominations after announcing their intentions to push for a review of the company's capital allocation and ecommerce strategy.

Pitney Bowes pushed back, saying Hestia's public announcements show they are more interested in fighting than in engaging in constructive conversations to benefit all shareholders.

Hestia Capital Makes Board Nominations, Pitney Bowes Responds
Hestia Capital moves to try to take control of Pitney Bowes board, Pitney Bowes pushes back.

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Week In Review