Value Added Resource Week In Review 7-7-24
Welcome to the Value Added Resource ecommerce news week in review!
eBay News
Is eBay's Magical Listing tool the "Best Overall Generative Al Solution" currently on the market? According to Tech Breakthrough LLC, it's at least the best one submitted to their 7th annual AI Breakthrough Awards - but is it a well deserved honor for tech innovation or just marketing hype?
eBay is seeking expert help to turn around outdated tech reputation with new Technology Communications role, leveraging media connections and PR to promote Chief Technology Officer Mazen Rawashdeh and "position eBay as a top-tier technology company."
UX design changes for eBay's Send Offer functionality temporarily removed the option to add a coupon to be used for a future order when sending seller initiated offers.
eBay is introducing automatic positive feedback ratings for new sellers in the UK to "help [users] buy and sell with confidence" as global feedback and ratings overhaul continues.
Other Ecommerce News
Etsy has updated their Adult Nudity, Sexual and Mature Content policies, cracking down on explicit content and items that have proliferated across the site causing brand damage as well as media and investor scrutiny.
Sellers say Etsy ad campaigns are being set up without their permission, costing them extra fees and raising concerns about ongoing glitches with the new Etsy listing form.
Amazon sellers are scrambling to reupload business insurance information after another "bots gone wild" situation sends warnings in error.
Updates
eBay Chief Legal Officer Marie Oh Huber has officially completed her transition out of the company after announcing her departure back in March.
Interim GC Ken Ebanks brings extensive M&A experience to the table which could come in handy as eBay faces scrutiny of TCGPlayer & Goldin acquisitions & enhanced compliance monitoring as part of cyberstalking deferred prosecution deal.
Mercari has still not responded to requests for comment or made any explicit public disclosure of mass layoffs in the US, but a July 1st Issuance of New Shares as Restricted Stock Units (RSU) Award Plan shows RSUs were granted to 103 employees at the US subsidiary - a significant reduction from the previous awards granted 20 198 US employees in April.
The U.S. District Court for the Northern District of Georgia has halted Georgia’s INFORM Act amendments in its Act 564 from going into effect.
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