mrktplcs 29 Oct 2020: eBay, Etsy, Shopify, Basingstoke..

A hatrick of ecommerce earnings and results to start:

eBay results as expected, slightly unexciting. (eBay)

Etsy is going great guns. “GMS and revenue growth up 119% and 128% respectively” (Etsy)

Shopify delivered strong results too. “The accelerated shift to digital commerce triggered by COVID-19 is continuing, as more consumers shop online and entrepreneurs step up to meet demand.” (PYMNTS)

Walmart stores and ecommerce merge. “In this new era of retail, assets that used to serve a single purpose will transform into flexible, scalable assets that can be used in multiple ways to serve customers how, when and where they need.” (Techcrunch)

Marketplaces go hyper local. Small, indy retailers in Basingstoke are invited to sell on a council backed marketplace for the borough. (Basingstoke Observer)

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