mrktplcs 05 Oct 2020

Cazoo, the UK used car #marketplace app has raised £240m investment and the company is now valued at over £2 billion (or over $2.5 billion), double its previous valuation. (TechCrunch)

Inspiring #ecommerce case study: “In its fifth month since launch, carmats.co.uk achieved 3,157 orders, at an average order value of £36.64, meaning £115,667 in sales, and has been profitable since month 2.” (EcommerceGuide)

Turkish marketplace company #trendyol (Trendyol Group) has plans to expand in Europe, including the #UK, #Italy, and #Spain. (Ecommerce News)

Retailers are taking on #amazonprimeday with their own sales in Oct. https://www.digitalcommerce360.com/2020/10/05/retailers-counter-prime-day-with-their-own-sales/ (Digital Ecommerce 360)

#Amazon merchants might want to check out learning event Amafest this Thurs. (Amafest)

#marketplaces

mrktplcs: 29 Sept 2020

The temporary eBay pandemic protection for sellers regarding delivery metrics is to be lifted for sellers in the #USA. (Ecommercebytes)

#Amazon is reported to have developed a way to pay with your hand. Let’s hope its’s machete proof. (ZDNet)

Dramatic changes to how #AmazonFBA operates for #UK merchants come with #Brexit. “From the 1st of January 2021, Amazon will cease moving inventory across the UK/EU border. This means for some, make sure you have sufficient inventory in EU FCs to cover any period where you may find it difficult to replenish stock until any new customs and shipping arrangements become clear.” (Tamebay)

Upcoming #Amazon learning event #Amafest might be a useful source of expertise to deal with the #FBA problem. Brought to you by Online Seller UK it’s in #Manchester on 8 October. (Amafest)

Niche #marketplaces. Second hand clothing #marketplace #Poshmark has filed for #IPO. (pymnts)