Value Added Resource Week In Review 3-10-24
Welcome to the Value Added Resource ecommerce news week in review!
eBay News
eBay's Chief Legal Officer Marie Oh Huber is stepping down after almost 9 years at the company, with CEO Jamie Iannone saying she is "pursuing a new chapter in her career, while exploring personal interests and passions."
Are cyberstalking scandal, DEA & EPA cases, regulatory scrutiny & due diligence concerns in TCGplay acquisition factors in this surprising leadership shakeup?
eBay also has a new General Manager for the US as VP Adam Ireland announced in the Spring Seller Check In that he will be moving to a new role in the company and current VP Collectibles, Electronics and Home, Dawn Block will be stepping up to take on leadership of the US marketplace.
The Spring Seller Check In also revealed Terapeak Product Research is coming to mobile, selling experience improvements for the app, AI image enhancement & more!
CEO Jamie Iannone and CFO Steve Priest put in an appearance at the Morgan Stanley Technology, Media & Telecom Conference, answering analysts' questions about AI, focus category C2C pivot and more!
eBay is updating their privacy policy to disclose use of AI and compliance with new laws and regulations, effective April 8 2024.
Changes have quietly been made to the sneaker authentication program, re-enabling messaging between buyers and sellers, implementing dynamic pricing criteria for eligibility, expanding to include PO Boxes and Puerto Rico and clarifying mandatory FedEx shipping label policy.
eBay Motors Guaranteed Fit returns process and eligibility requirements leave buyers confused and disappointed with little help from support.
Jewelers of America has announced a special deal for their members granting special access to eBay's exclusive premium white-glove Concierge Support, promising connections to dedicated customer service reps with minimal wait times.
eBay has made unannounced changes to how they handle Daylight Saving Time and British Summer Time, introducing a listing date glitch that could be very costly for sellers.
eBay sellers were thrown into a panic this week as a massive site glitch caused their active, sold and ended listings to disappear for several hours.
Other Ecommerce News
Amazon is discontinuing their direct, Amazon underwritten loan offerings but will still offer financing options through third party partners.
Amazon is introducing new coupon pricing requirements to cut down on previous price manipulation that can be used by less than honest sellers to present fake discounts.
StockX is launching an in-house built app providing an immersive shopping experience for Apple Vision Pro users with 3D models of popular shoes, live and actionable market data, rich product discovery and more!
Bonanza Marketplace founder Bill Harding and current owner Quincy Faison have finally settled the lawsuit filed by Harding last year for failure to make payments on a promissory note that was issued as part of the sale of the company.
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