Value Added Resource Week In Review 12-1-24
Welcome to the Value Added Resource ecommerce news week in review!
eBay News
eBay has completed their "Living Our Values" assessment, with Davis Wright Tremaine LLP finding the company operates in line with their published Human Rights Policy and other values statements - will it be enough to assuage investor concerns about labor relations?
Liz Morton
CEO Jamie Iannone took to LinkedIn this week to post a message of thanks to eBay sellers for their hard work and dedication during the busy peak season, saying they are the "backbone" of the marketplace.
Liz Morton
Unfortunately, holiday shopping on eBay-owned collectible trading card marketplace TCGPlayer had a rough start as an unexpected database error caused a site outage and duplicated orders, sending users into a panic on Black Friday.
Liz Morton
eBay's latest mobile app update for Android also ran into problems this week, degrading buyer experience with low resolution images and slow loading times in run up to critical Black Friday/Cyber Week sales.
Liz Morton
Australian consumer research company Fonto has released new data ranking popular ecommerce marketplaces, revealing eBay has dropped to third place as Temu growth continues.
Liz Morton
Some sellers in Australia report receiving email notices that they owe eBay hundreds of dollars in shipping and fees that were previously unpaid due to a technical issue that dates back to July 2024.
Liz Morton
Cheetos is auctioning a Cheeto Puff held to a wall by duct tape, with the highest bidder winning both the "priceless piece of art" and a supply of Cheetos worth the cost of their bid - is this marketing gimmick part of larger play for eBay to bulk up on Fast Moving Consumer Goods?
Liz Morton
UPDATE: The Department of Justice has filed a notice of appeal seeking to overturn Section 230 dismissal of EPA suit alleging eBay should be held liable for chemicals & emissions control cheat devices sold on the platform.
Liz Morton
Other Ecommerce News
As the Canadian Union of Postal Workers strike action continues, the US Postal Service as well as Royal Mail and PackLink in the UK are suspending service to the country since Canada Post is unable to facilitate processing and final delivery of packages at this time.
Liz Morton
The IRS has confirmed a phased step down approach to implementing lower 1099-K reporting requirements, setting thresholds at more than $5,000 in 2024; more than $2,500 in 2025; and more than $600 in calendar year 2026 and after.
Liz Morton
Mercari US sellers get unpleasant surprise ahead of Black Friday Cyber Weekend holiday shopping rush as an apparent update to Promote items feature now requires 20-30% discounts with no notice or public announcement.
Liz Morton
Poshmark is hoping Search and Discovery enhancements will help boost Cyber Weekend shopping along with with flagship Secondhand Sunday event.
Liz Morton
Shopify went all out for entrepreneurs on Black Friday making this year's annual Live Globe a historic first in partnership with Sphere Las Vegas.
Liz Morton
Whatnot is advising sellers they may see changes to their fees beginning December 2, 2024 as taxes will be assessed on Commission and Payment processing fees in some locations to comply with state laws.
Liz Morton
Never miss a headline - follow Value Added Resource on Google News to keep track of all the important ecommerce marketplace news! 📰
