TikTok ban could harm Amazon sellers looking for alternatives

In March, the U.S. House of Representatives overwhelmingly passed a bill that could force ByteDance to divest TikTok or face a ban in U.S. app stores. Much of the related discussion and debate has centered around American data security and speech rights, but a potential move also highlights something else: TikTok is growing its focus … Read more

Amazon will let sellers paste a link so AI can make a product page

Sellers on Amazon will soon be able to make product pages with just the copy-and-paste of a link. Amazon is releasing a new generative AI feature that takes information from a seller’s external website and then generates an Amazon product page for the item, complete with a written description and images. The goal is to … Read more

Palantir’s Alex Karp says short sellers bet against companies so they can pay for their cocaine

Palantir CEO Alex Karp skewered short sellers — investors who bet on the decline in a company’s stock price — in an interview with CNBC on Wednesday. “I love burning the short sellers,” Karp told CNBC’s Sara Eisen on “Money Movers.” “Almost nothing makes a human happier than taking the lines of cocaine away from … Read more

Amazon courts sellers at China summit as Temu and Shein gain momentum

Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Amazon is making a fresh appeal to China-based sellers as it fends off growing competition from discount online retailers Temu and Shein, which both have … Read more

Live commerce startup TalkShopLive launches new app for sellers to broadcast on mobile

Live commerce platform TalkShopLive announced today its new Studio app for creators and brands, bringing an array of management and broadcast tools to mobile, including the ability to virtually collaborate with four people in a livestream, pin comments, simulcast on Facebook and more. TalkShopLive’s new app allows sellers to access the platform’s full toolset right … Read more

DOJ scrutinizing Kazakh Freedom Holding after hit by short sellers

Freedom Holding CEO Timur Turlov speaks during a press interview in Moscow, Russia, Oct. 10, 2019. Maxim Shemetov | Reuters Freedom Holding, a Nasdaq-traded Kazakh financial firm that’s been the target of prominent short sellers, is being investigated by federal prosecutors and Securities and Exchange Commission counsel over compliance issues, insider stock moves, and an … Read more

Alibaba’s Lazada woos sellers affected by Indonesia’s e-commerce ban

Lazada is the third-largest e-commerce player in Indonesia, after Sea Limited’s Shopee and Tokopedia, according to Momentum Works. Matt Hunt | Lightrocket | Getty Images Lazada, a Southeast Asian e-commerce marketplace owned by Alibaba, is courting sellers affected by Indonesia’s latest e-commerce regulation, its Indonesia CEO James Chang told employees in a town hall meeting … Read more

Etsy sellers say a fraud safety program is destabilizing their companies

D., a carpenter and Etsy vendor of a number of years, not too long ago offered a bit of customized, made-to-order furnishings for round $150. The sale itself was enterprise as ordinary for his or her store — but it surely got here with a way of exasperation. Their earnings can be tied up for … Read more

Zamp desires to provide on-line sellers ‘freedom from gross sales tax’

State and native governments collected roughly $137.7 billion in gross sales tax in the course of the first quarter of 2022, a 17% improve from the $117.7 billion collected in the identical quarter of 2021, in keeping with the U.S. Census Bureau. As Rohit Bhadange, co-founder and CEO of Zamp, explains, each state, county and … Read more