Check out the latest news in ecommerce. With eBay ditching its CEO and Amazon continuing to be under the antitrust microscope, only time will tell how these changes will impact the online retailing industry. Check out all the details below so you can be one of those “in the know” online retailers who’ve got their ‘ish together.
Amazon’s Antitrust Woes Continue
Amazon is dealing with a set of its own whistleblowers these days. Former employees reveal the allegation that Amazon uses 3rd-party sales data to find new products for its private-label company is, in fact, true. According to these Amazon employees, they accessed data on trending 3rd-party products. Once they found a product that fit certain metrics, the employees ordered from the 3rd-party seller and reverse-engineered the product. From there, they contacted Chinese manufacturers to reproduce it so Amazon could start selling it. Of course, Amazon begs to differ. The company claims there are specific policies in place that forbid employees from accessing 3rd-party data.
eBay’s Closes Chapter On CEO
eBay’s CEO, Devin Wenig, announced last Wednesday, September 25, 2019, that he was resigning. So, what was his reason for leaving? Well, he blames a disagreement with eBay’s board of directors and how they weren’t seeing eye to eye on eBay’s future. The board of directors says they’re just ready for a change. In the meantime, they’ve appointed Scott Schenkel, the former CFO, as the new CEO, until they find a more permanent solution.
DHL, UPS, and FedEx Go On A Hiring Spree
With Q4 right around the corner, logistic companies and the likes are gearing up for the holiday shopping mania. DHL, UPS, and FedEx are planning to hire more than 150k people for the season. UPS predicts that the holidays will bring close to 40 million packages per day for their company. Yes, we didn’t stutter, 40 million packages PER DAY! Good news, many of the hires from last year were brought on full-time after the holidays.
Microsoft Dips Their Toe In Ecommerce
With everyone rallying for a place at the online retail table, it’s no wonder Microsoft decided that they want a seat, too. With the latest updates to the Microsoft Dynamics 365 for Retail, ecommerce businesses can now make product pages that also include customer reviews and ratings. Yes, this may seem a bit behind the times, but Microsoft was focused more on the background operations in the past, such as staffing, supply chain management, and more. With this latest release, Microsoft is showing they’re here to test the waters on developing a shopping experience to rival Amazon.
Google Express Closing Down
Google pivots on their ecommerce roadmap with the announcement of shutting down Google Express. They mentioned the features are being transferred over to the newly redesigned Google Shopping experience. This new way of shopping will be available later this month, featuring the ability to shop across various Google platforms such as YouTube, Google Images, and more.
The ecommerce industry was fairly quiet this month. It seems that many of the top retailers and marketplaces are heads down, focusing on the next few months. If you haven’t already, you should start preparing for the holidays, too. Here’s a Thanksgiving Weekend to-do list to get your head in the game.
What do you think of the Amazon’s antitrust investigation? Have you been a victim of someone poaching your products? Let us know in the comments below!