mrktplcs 20 July 2020

The UK government wants #marketplaces such as #eBay and #Amazon to collect #VAT for UK sales fulfilled by merchants based overseas of the start of next year. Bad news for so called ‘chinese sellers’ who have been gaming the system but good news for UK sellers playing fair. (HM Government)

Unconfirmed: “Norway’s Adevinta has won the auction to buy the bulk of eBay’s classified ads unit for nearly $9 billion” eBay will retain a minority stake. The question is whether this cash boost and fewer businesses to focus on will be a boon for the core marketplace. eBay Inc is a much small business now without classifieds and #paypal (Reuters)

Evidence of a lasting boost to online from COVID-19, #uk #courier #hermes are betting big with a £100m hub creating 10k jobs. (Yorkshire Post)

#ecommerce