In response to the recent developments related to the Coronavirus (COVID-19), Amazon just announced it will block inbound shipments to their warehouse, reports ChannelEngine. A select number of categories is not affected by this measure. As a result, sellers will see a never-ending loading icon in their seller central when trying to access FBA-shipments. The measures will be
Walmart Expanded Sponsored Search Offering through Advertising Partners Program
American retailer Walmart kicked off 2020 with the launch of its Walmart Advertising Partners program. It aims to expand advertisers' direct access to their Sponsored Products campaigns. Walmart has been investing in building an in-house advertising offering. In 2019, the retailer acquired Polymorph to strengthen its supply-side ad stack. This enabled to company to offer
SEKO Logistics aquires cross-border e-commerce specialists, Air-City, Inc.
SEKO Logistics completed its largest-ever acquisition with the purchase of New York-based freight forwarder and cross-border e-commerce experts, Air-City, Inc. The investment represents the latest phase of SEKO’s program to expand its global footprint and establishing more strategic partnerships. The acquisition is made to expedite the growth of its three core services;
New record high cyber weekend spendings in the US
In the United States, the Cyber weekend - again - reached new heights. On Black Friday, turnover in the US reached at least 7.4 billion dollars. This is an increase of 1.2 billion dollars. On average, spendings reached a record high 168 dollar per order, an increase of 5.9% compared to 2018. Popular products involved gadgets and toys with Frozen 2 and Paw Patrol theme. The
Amazon: 3 million active sellers
Amazon is close to 3 million active sellers on all its marketplaces worldwide, reports MarketplacePulse. This is an increase of 17.7%. A seller is defined active if they have products listed for sale on the marketplace platform. Less than 10% of all active sellers are able to achieve $100,000 in yearly sales. On top of that, only 1% reached the $1 million sales mark. This