Amazon introduces new rules for listing products, eBay suspends pick-up services in both places

Amazon: Sellers must comply with page rules and sales guidelines when listing products

According to an announcement released by Amazon US, Amazon recommends that sellers review the product page style guide, product detail page rules, sales policy and sales code of conduct before listing products. If the seller's product information violates Amazon's policies, Amazon may delete some key points or product descriptions in the product information. This may not have a negative impact on the seller's account health at this stage, but it may have a negative impact in the future.

eBay suspends SpeedPAK collection service in Guangzhou and Foshan

According to the latest announcement released by the eBay platform, due to the impact of the epidemic, eBay will suspend the SpeedPAK collection service in Guangzhou and Foshan from May 29, 2021. The announcement reminds that if the package cannot be delivered to the direct delivery address announced by SpeedPAK by direct delivery or other means, the transaction can be cancelled after communicating with the buyer. In addition, the platform recommends that sellers decide whether to continue sales activities based on their actual situation.

UPS tests same-day delivery feature

According to foreign media reports, in order to remain competitive, UPS, the world's largest express carrier and package delivery company, is currently testing the "same-day delivery" business function. Previously, UPS's competitor FedEx has provided same-day delivery services in some areas and has been testing robot delivery services. In addition, Amazon Logistics, Instacart Inc., Target's Shipt and other logistics also provide same-day delivery services. During the COVID-19 period, DoorDash Inc. and Uber Technologies Inc.'s same-day delivery services have also expanded to the grocery field.

Back-to-school apparel sales in the U.S. are expected to grow 78% year-on-year

According to Mastercard SpendingPulse data, sales in the fall school season from mid-July to early September in the United States are expected to increase by 5.5% year-on-year. Sales of school supplies, clothes and college dormitory decorations will also increase, with clothing sales expected to increase by about 78%.

Amazon could face $425 million fine from EU over data privacy issues

On June 11, the Wall Street Journal reported that according to people familiar with the matter, a European Union privacy regulator proposed to impose a fine of $425 million on Amazon due to data privacy issues. This may be the largest fine issued so far under EU privacy law. People familiar with the matter said that Luxembourg's Data Protection Commission has distributed a draft decision to the other 26 national data protection agencies in the EU, which proposed sanctions on Amazon's privacy issues and proposed fines. Amazon declined to comment on this.

Swedish payment company Klarna completes $640 million financing

On June 11, Klarna, one of the largest "buy now, pay later" service providers in Europe, announced that it has completed a new round of financing of US$639 million led by Japan's SoftBank Group. After this round of financing, the company's valuation is expected to reach US$45.6 billion. It is reported that Klarna currently has 90 million active consumer users and 250,000 merchant users, the global download volume of the shopping app has exceeded 28 million times, and more than 2 million transactions are conducted on its platform every day.

Yangmatou was ordered to make corrections within a time limit

According to the China News Service, according to the information recently disclosed by the National Enterprise Credit Information Publicity System, Shanghai Yangmatou Network Technology Co., Ltd. has been given a new administrative penalty: the operator of the e-commerce platform Yangmatou has violated the provisions of Article 38 of the "E-Commerce Law" and was therefore ordered by the Shanghai Jing'an District Market Supervision Administration to correct the problem within a time limit.

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