E-commerce: Amazon FBA gives sellers extra time to process returns and refunds
In response to sellers having to carry out precautions relating to coronavirus such as disinfecting returned items, Amazon FBA has provided sellers with more time to process returns and issue refunds. Usually, FBA sellers have 2 calendar days to process returns –...
E-commerce: Amazon announces Q1 revenue of $75.5 billion, smashing expectations
Yesterday evening, Amazon reported its earnings for the first quarter of 2020. The leading E-commerce platform beat expectations with a revenue of $75.5 billion, surpassing the $73.61 billion analysts had anticipated. In comparison with Amazon’s revenue for the same...
E-commerce: eBay’s first quarter sales higher than analysts expected
Despite many online marketplaces struggling with sales due to coronavirus, eBay performed more successfully than expected in its first quarter. The E-commerce giant reported sales worth $2.4 billion in its first quarter, beating analysts’ predictions of £2.34 billion....
E-commerce: Aldi opens new portal where shopping vouchers can be accessed by vulnerable and elderly
UK grocer Aldi has launched a website where elderly and vulnerable customers can purchase shopping vouchers. These vouchers are then posted to UK volunteers free of charge, who can use them to buy food on behalf of the vulnerable customers. Aldi’s managing director of...
