Online Marketplace News
The latest news coverage of product and service marketplaces, ranging from broad and specialist e-commerce platforms through to classifieds and beyond.
Latin American’s MercadoLibre’s loss widens on higher taxes
MercadoLibre Inc has posted a larger quarterly loss, hit by a higher tax bill and weak margins, as the Argentine e-commerce giant boosts spending to respond to a surge in online sh...
EBay says open to accepting to cryptocurrencies in future
EBay Inc is open to the possibility of accepting cryptocurrency as a form of payment in the future and is looking at ways to get non-fungible tokens (NFTs) on its platform, the com...
Amazon expects spring windfall as US reopens, posts record profits
Amazon.com posted record profits from pandemic shopping and indicated sales would keep growing even as customers emerged from their homes in the reopening US economy.
Labor Board: Evidence presented by union in Amazon vote ‘could be grounds for overturning election’
The National Labor Relations Board on Wednesday said evidence submitted by the Retail Wholesale and Department Store Union (RWDSU) “could be grounds for overturning” Am...
Facebook reveals new features for creators to earn money from e-commerce sales
Facebook’s founder and CEO Mark Zuckerberg has said the company will build new features starting with Instagram for content creators to earn money from recommending products ...
ZipRecruiter files to go public via direct listing
Online job marketplace ZipRecruiter has filed to go public through a direct listing on the New York Stock Exchange, the company said on Friday.
UK Cyber Spy Chief suggests China could rule world’s technology
The West must urgently act to ensure China does not dominate emerging technologies and gain control of the “global operating system”, the UK’s top cyber spy has s...
Amazon to let Whole Foods shoppers pay with a swipe of their palm
E-commerce titan Amazon.com has said it is rolling out biometric technology at its Whole Foods stores around Seattle, Washington State starting early on Wednesday, letting shoppers...
SoftBank Vision Fund seen posting record earnings on Coupang
SoftBank’s $100 billion Vision Fund is widely seen reporting record earnings on the 12th of May after portfolio companies listed during the quarter, mostly driven by gain on ...
Google and Apple executives to testify in app store hearing on Wednesday
Senior executives from Google and Apple will testify tomorrow about antitrust concerns related to their app stores along with executives of three companies which rely on those onli...
What’s next for Jack Ma’s Ant Group after China orders revamp?
China has imposed a sweeping restructuring plan on Ant Group, the fintech conglomerate whose record $37 billion IPO was derailed by regulators in November, that will see the group ...
Ant explores ways for Jack Ma to exit as Beijing piles pressure
Ant Group is exploring options for Jack Ma to divest his stake, as meetings with Chinese regulators signalled to the company that the move could help draw a line under Beijing̵...
Used electronics trading platform Aihuishou to raise up to $1 billion
Chinese electronics trading platform Aihuishou is aiming to raise between $500 million and $1 billion in a US IPO by early June, two people with direct knowledge of the situation h...
Jeff Bezos says Amazon needs to do better for employees in last investor letter as CEO
Amazon.com Inc needs to do better at taking care of its employees, Jeff Bezos has said in his final letter to shareholders as CEO of the online retail giant.