Category: E-Commerce

Amazon Axes ‘Smile’ Charity Program, Citing Limited Impact

The New York Times – Business:
The move comes as Amazon is laying off 18,000 workers, but a company spokesman said the decision to end the AmazonSmile program was not a cost-cutting measure.
Rolex Now Has a Resale Program. The Watch World Quakes.

The New York Times – Fashion & Style:
The privately owned Swiss brand dominates the market by virtually every measure. Will it swallow up resales, too?
The S.E.C.’s Crypto Crackdown Intensifies

The New York Times – Business:
The agency has charged the crypto trading firms Genesis Global Capital and Gemini with operating an illegal lending service that lost customers millions.
Amazon Loses Bid to Overturn Union Victory at Staten Island Warehouse

The New York Times – Business:
A National Labor Relations Board official found a lack of evidence to support claims of election improprieties. Amazon could appeal the decision.
With Many Retailers Offering Online Sales, Phony Sites Blend In

The New York Times – Business:
Preying on shoppers strapped for cash and time, scammers are setting up fake sites that claim to have deep discounts on premium brands.
Ant Group Says Its Founder, Jack Ma, Will Relinquish Control

The New York Times – Business:
Ant Group, the fintech sister company of the e-commerce behemoth Alibaba, is one of China’s most influential companies.
Thick Mall, a Market for ‘Size L and Up,’ Fills the Gap

The New York Times – Fashion & Style:
A pop-up in Chicago offers wider sizing to a wider audience.
I.R.S. Delays Tax Change for Users of Venmo, Cash App and Other Digital Wallets

The New York Times – Business:
Users who receive income through digital payments will have another year before having to comply with a new tax rule that had sowed confusion and concern.
New I.R.S. Rules for Online Sales Sow Fears About Surprise Tax Bills

The New York Times – Business:
Users of digital wallets and e-commerce platforms like Venmo, CashApp, Etsy and StubHub must start reporting small transactions.
Amazon and E.U. Reach Deal to End Antitrust Investigation

The New York Times – Business:
The online retail giant avoided a major fine but agreed to changes that have long been sought by merchants who depend on Amazon to reach customers.
Amazon Agrees to Change Some Business Practices in EU Settlement

The New York Times – Business:
The e-commerce giant avoided a fine, but will make a variety of changes regulators believe will help independent merchants who had raised alarms about Amazon’s tactics.
How to Avoid Buyer’s Remorse (Yes, You Can Do It)

The New York Times – Business:
Ever experienced buyer’s remorse? Of course you have. But there are ways to prevent it.