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Amazon Drops Planned 2 Percent Merchant Fee as FTC Lawsuit Looms: Details
Amazon.com is scrapping a plan to charge merchants who do not use its shipping services an additional fee, a company spokesperson said on Wednesday, signaling that the e-commerce giant was taking a cautious approach to operations amid mounting antitrust scrutiny.
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US FTC Readies Antitrust Lawsuit Against Amazon That Could Break Up E-Commerce Giant: Report
The US Federal Trade Commission (FTC) is finalizing its long-awaited antitrust lawsuit against Amazon in a move that could ultimately break up parts of the company, Politico reported on Tuesday. The complaint could focus on challenges to Amazon Prime, Amazon rules that the FTC says block lower prices on competing websites, and policies it believes ...
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E-Commerce Majors Amazon, Flipkart Welcome to Join Network, Says ONDC Head
E-commerce majors such as Amazon and Flipkart have been invited to join India's digital public infrastructure Open Network for Digital Commerce (ONDC), said the network's Chief Executive Officer T Koshi. "They are looking at (ONDC) seriously and we believe that whenever they feel comfortable with respect to their current scale and size of the opera...
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ONDC Expands Its Operations to 236 Cities, Adds More Than 36,000 Merchants: CEO
The Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country while adding more than 36,000 merchants, a senior company official said on Thursday. The government launched the Open Network for Digital Commerce (ONDC) last year to give small businesses and retailers access to processes and technologie...
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Amazon Is Taking Half Of Each Sale From Its Merchants
Grappling with slowing sales growth and rising costs, Amazon.com Inc. is squeezing more money from the nearly 2 million small businesses that sell products on its sprawling online marketplace.
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Amazon 'Buy With Prime' to Roll Out to US Merchants on January 31 to Compete With Shopify Pay
Amazon has announced that it will roll out its 'Buy With Prime' button to allow merchants to sell products using its payment and delivery services outside it's shopping platform. The invite-only launch that was made available in April last year will be widely available to merchants in the US by January 31, according to the e-commerce firm.
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ONDC to Be Open to Public Soon to Counter Amazon, Walmart's Dominance: ONDC Exec
The Open Network for Digital Commerce (ONDC) — India’s e-commerce network to end the dominance of US companies Amazon and Walmart — will be soon open to the public, said an official, as per a report. The pilot phase for India’s domestic digital commerce initiative began in April. ONDC will provide platform and space to small merchants and r...
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Amazon to Hike Third-Party Sellers Charges Again by Adding Holiday Fee
Amazon has hiked charges on third-party sellers again, this time adding a holiday fee for merchants who use the company’s fulfilment services to pack and ship items to customers. With the new charges being applicable, sellers will be hit with an average fee of $0.35 (nearly Rs. 20) per item sold using Amazon's fulfilment services in the US and Ca...
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Shopify Collaborates With Twitter to Help Merchants With Online Sale, Unveils 100 New Tools
Shopify has announced its collaboration with Twitter to shore up sales to counter a post-pandemic slowdown in online shopping. In addition, the company also unveiled over 100 news tools.
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India Said to Launch Open Network for Digital Commerce to Take on Amazon, Flipkart
India will reportedly launch an open network for digital commerce (ONDC) as the government tries to end the dominance of US companies Amazon and Walmart in the fast-growing e-commerce market, as per a government document.
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Amazon's New Buy With Prime Service Extends Prime Subscription Benefits to Merchant Stores
Amazon is extending the benefits of its Prime subscription to online merchant stores beyond its own site with new service called Buy With Prime. It'll be initially available by invitation for merchants and only in the US.
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Amazon to Charge Merchants 5 Percent Surcharge for US Fulfillment Services as Fuel Costs Rise
Amazon has announced that it'll charge merchants a 5 percent surcharge for fulfillment services in the US due to rising fuel costs. As of now, Amazon has only announced a surcharge in the US.
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RBI Asking Companies to Not Save Customers Card Details Said to Hit E-Commerce, Food Delivery
RBI’s guidelines that prohibit companies from saving card details of customers and that are soon to come into effect will hit e-commerce and food delivery firms, industry sources and bankers say.
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Amazon Shuts 3,000 Online Stores Backed by 600 Chinese Brands to Fight Fake Reviews: Report
Amazon has reportedly cracked down on 600 Chinese brands on its platform. The world's largest e-commerce company reportedly said on Friday that it had closed about 3,000 merchant accounts that were backed by these brands.
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Amazon Partners With Affirm to Roll Out Buy Now Pay Later Service for US Customers
Amazon has introduced a 'Buy Now Pay Later' service for some its customers in the US in partnership with Affirm.
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Amazon Drops Planned 2 Percent Merchant Fee as FTC Lawsuit Looms: Details
Amazon.com is scrapping a plan to charge merchants who do not use its shipping services an additional fee, a company spokesperson said on Wednesday, signaling that the e-commerce giant was taking a cautious approach to operations amid mounting antitrust scrutiny.
-
US FTC Readies Antitrust Lawsuit Against Amazon That Could Break Up E-Commerce Giant: Report
The US Federal Trade Commission (FTC) is finalizing its long-awaited antitrust lawsuit against Amazon in a move that could ultimately break up parts of the company, Politico reported on Tuesday. The complaint could focus on challenges to Amazon Prime, Amazon rules that the FTC says block lower prices on competing websites, and policies it believes ...
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E-Commerce Majors Amazon, Flipkart Welcome to Join Network, Says ONDC Head
E-commerce majors such as Amazon and Flipkart have been invited to join India's digital public infrastructure Open Network for Digital Commerce (ONDC), said the network's Chief Executive Officer T Koshi. "They are looking at (ONDC) seriously and we believe that whenever they feel comfortable with respect to their current scale and size of the opera...
-
ONDC Expands Its Operations to 236 Cities, Adds More Than 36,000 Merchants: CEO
The Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country while adding more than 36,000 merchants, a senior company official said on Thursday. The government launched the Open Network for Digital Commerce (ONDC) last year to give small businesses and retailers access to processes and technologie...
-
Amazon Is Taking Half Of Each Sale From Its Merchants
Grappling with slowing sales growth and rising costs, Amazon.com Inc. is squeezing more money from the nearly 2 million small businesses that sell products on its sprawling online marketplace.
-
Amazon 'Buy With Prime' to Roll Out to US Merchants on January 31 to Compete With Shopify Pay
Amazon has announced that it will roll out its 'Buy With Prime' button to allow merchants to sell products using its payment and delivery services outside it's shopping platform. The invite-only launch that was made available in April last year will be widely available to merchants in the US by January 31, according to the e-commerce firm.
-
ONDC to Be Open to Public Soon to Counter Amazon, Walmart's Dominance: ONDC Exec
The Open Network for Digital Commerce (ONDC) — India’s e-commerce network to end the dominance of US companies Amazon and Walmart — will be soon open to the public, said an official, as per a report. The pilot phase for India’s domestic digital commerce initiative began in April. ONDC will provide platform and space to small merchants and r...
-
Amazon to Hike Third-Party Sellers Charges Again by Adding Holiday Fee
Amazon has hiked charges on third-party sellers again, this time adding a holiday fee for merchants who use the company’s fulfilment services to pack and ship items to customers. With the new charges being applicable, sellers will be hit with an average fee of $0.35 (nearly Rs. 20) per item sold using Amazon's fulfilment services in the US and Ca...
-
Shopify Collaborates With Twitter to Help Merchants With Online Sale, Unveils 100 New Tools
Shopify has announced its collaboration with Twitter to shore up sales to counter a post-pandemic slowdown in online shopping. In addition, the company also unveiled over 100 news tools.
-
India Said to Launch Open Network for Digital Commerce to Take on Amazon, Flipkart
India will reportedly launch an open network for digital commerce (ONDC) as the government tries to end the dominance of US companies Amazon and Walmart in the fast-growing e-commerce market, as per a government document.
-
Amazon's New Buy With Prime Service Extends Prime Subscription Benefits to Merchant Stores
Amazon is extending the benefits of its Prime subscription to online merchant stores beyond its own site with new service called Buy With Prime. It'll be initially available by invitation for merchants and only in the US.
-
Amazon to Charge Merchants 5 Percent Surcharge for US Fulfillment Services as Fuel Costs Rise
Amazon has announced that it'll charge merchants a 5 percent surcharge for fulfillment services in the US due to rising fuel costs. As of now, Amazon has only announced a surcharge in the US.
-
RBI Asking Companies to Not Save Customers Card Details Said to Hit E-Commerce, Food Delivery
RBI’s guidelines that prohibit companies from saving card details of customers and that are soon to come into effect will hit e-commerce and food delivery firms, industry sources and bankers say.
-
Amazon Shuts 3,000 Online Stores Backed by 600 Chinese Brands to Fight Fake Reviews: Report
Amazon has reportedly cracked down on 600 Chinese brands on its platform. The world's largest e-commerce company reportedly said on Friday that it had closed about 3,000 merchant accounts that were backed by these brands.
-
Amazon Partners With Affirm to Roll Out Buy Now Pay Later Service for US Customers
Amazon has introduced a 'Buy Now Pay Later' service for some its customers in the US in partnership with Affirm.
