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.

e-commerce in latin america

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...

Platform Industry: Ebay app and online marketplaces

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...

Platform Industry: Amazon corporate logo on a wall

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.

Platform News: Worker at an automated Amazon Warehouse

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...

Platform News: Facebook usage

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 ...

Platform News: ZipRecruiter

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.

GCHQ Director Jeremy Fleming

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...

Platform News: Amazon building

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...

Platform News: Japan's SoftBank

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 ...

Apple Google

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...

Platform News: Ant Group and the FinTech sector in China

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 ...

Platform News: Jack Ma, the founder of Alibaba

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...

Aihuishou

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

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.