Sellers

Amazon made an appeal to its third-party sellers to oppose a Senate antitrust reform bill aimed at helping their businesses. In a post on Amazon’s internal forum for third-party merchants, the company’s vice president of worldwide selling partner services Dharmesh Mehta urged sellers to oppose The American Innovation and Choice Online Act (S.2992), and asked them to contact their senators. "As we have noted in previous communications to you throughout the past year, Congress is considering legislation, including S. 2992,…

Online marketplace Etsy has unveiled a new purchase protection program designed to safeguard both buyers and sellers. Right now, you have limited options if something else goes wrong with a purchase — usually, Etsy will send you back to the seller and let you work out problems with them. Starting August 1st, though, buyers will get full refunds on purchases if they "don't match the item description, arrive damaged, or never arrive," Etsy wrote.  On the seller side, Etsy plans to invest at least $25 million per year to…

There’s a lot of confusion in the private market right now. On the one hand, venture firms are still announcing new funds on a daily basis. They’re hosting catered sushi brunches. On the other, layoffs abound, and titans of industry sound worried. JPMorgan’s Jamie Dimon sees an economic hurricane ahead. For his part, Elon Musk reportedly told Tesla executives this week he has a “super bad feeling” about the economy. He’s also laying off 10% of Tesla’s salaried employees, he told them in a brief email this morning.…

Christine Hall / TechCrunch: Argentina-based ClicOH, which lets sellers across Latin America track shipments in real time via its dashboard, raises a $25M Series A led by Tiger Global — E-commerce is an $85 billion business in Latin America, and as that market is poised to essentially double in three years … Christine Hall / TechCrunch: Argentina-based ClicOH, which lets sellers across Latin America track shipments in real time via its dashboard, raises a $25M Series A led by Tiger…

A For Sale sign is displayed in front of a house in Washington, DC.Stefani Reynolds | Afp | Getty ImagesSharply higher mortgage rates have caused a sudden pullback in home sales, and now sellers are rushing to get in before the red-hot market cools off dramatically.The supply of homes for sale jumped 9% last week compared with the same period a year ago, according to Realtor.com. That is the biggest annual gain the company has recorded since it began tracking the metric in 2017.Real estate brokerage Redfin also reported…

Denver’s red hot housing market continues to generate record sale prices. A new report from OJO Labs lists Denver as the second most competitive housing market out of the nation’s 50 largest metro areas. Denver saw seven in 10 homes sell for above list price in April, second only to the San Francisco Bay area. But is now the best time to put your house on the market? Denver metro real estate experts offer a qualified yes. Now’s a great time to sell if you have a reason to sell and if you have an excellent option to buy a…

The renewed focus on working from home during the pandemic opened new opportunities for West+Main during the past year. The company welcomed the opportunity to help homeowners and developers create and rethink how they used the space in their homes, says Stacie Staub, West+Main founder and CEO. “Since we’re in the business of helping folks navigate change in their lives, the movement toward working from home and new hybrid options is exciting.” “Our staff has always had the option to work where they like, so the biggest…

In Suzhou, China, online toy shop owner Cameron Walker relies on Amazon to ship nearly a million packages for his business every year. The 42-year-old’s toy business, which designs and manufactures toys and craft materials in China and then sells into English-speaking markets including the UK, US, and Canada, has been running on Amazon’s third-party fulfillment service, Fulfilled by Amazon (FBA), since 2016. (Walker asked WIRED not to disclose the name of his business because successful businesses on the site are often…

According to Newegg's Best Sellers list, Nvidia has begun dominating graphics card sales across the board since prices began to stabilize a month ago. Newegg's Best Sellers list consists entirely of RTX 30 series products -- with the only exception being an occasional RTX 2060 listing piled into the mix. Radeon cards, both new or old, are nowhere to be seen.The market situation at Newegg is quite strange, to say the least. GPUs from both AMD and Nvidia have been dropping in price steadily, and AMD even has a distinct…

India's antitrust body launched raids on Thursday against two top domestic sellers of online retail giant Amazon over accusations of having violated competition laws, two sources with direct knowledge of the matter told Reuters.Indian retailers, a key part of Prime Minister Narendra Modi's support base, have long contended that Amazon's platform largely benefits a few big sellers, with the firm engaging in predatory pricing that harms their businesses.The company says it complies with all Indian laws.The exact nature of…