Recommerce. Refurbished. Resale. Whatever you might call it, it is getting more attention and demand today. It has emerged from a niche in the retail world into a greater consideration with retailers including eBay, Poshmark, Walmart and Ikea, among others, making...
Amazon is making major gains in advertising, but it is part of a changing e-commerce landscape where conditions are evolving, according to a study by Jungle Scout. The company’s advertising revenue has grown from $12.6 billion to $46.9 billion in 2023. Amazon’s...
EBay improved revenue and gross merchandise volume in the fourth quarter as the company shifts its customer emphasis toward collectors and related “enthusiasts.” Net income from continuing operations was $728 million, or $1.40 per diluted share, versus...
Amazon may be the pioneer in integrating other operators into its business, but the sellers who use it are broadening their horizons, jumping on, or planning to jump on, other marketplace opportunities. According to the Jungle Scout State of the Amazon Seller report...
To address staffing growth that has exceeded business gains and a tough macroeconomic environment, eBay will reconfigure the company’s workforce with plans to lay off about 1,000 employees, or approximately 9% of its staff. The move comes after other retailers that...
