Amazon says proposed antitrust bills will have ‘Significant Negative Effects’ on Sellers and Consumers

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June 2021 (Week 3 & 4) – ChannelFront – Newsletter

Marketplace Viral News

Amazon says proposed antitrust bills will have ‘significant negative effects’ on sellers, consumers: Amazon responded Tuesday to proposed antitrust legislation introduced by members of the U.S. House of Representatives earlier this month. Link

eBay Completes Transfer of Classifieds Business to Adevinta: eBay has completed the transfer of its Classifieds business to Adevinta in exchange for $2.5 billion in cash. Link

Walmart boosts shopper acceptance of substitutions with deep learning AI: Shopper acceptance of substitutions increased to more than 95% since it started using deep learning artificial intelligence for online grocery orders. Link

Shopify Plots Amazon Affiliate Marketing Attack: Shopify is planning to launch its own affiliate marketing program, linking up small businesses with big publishers. Link

Shipping giant ZIM, Alibaba Group extend cooperation for 2 more years: The agreement which enabled sellers to book and purchase sea freight on ZIM and logistic services from ZIM Logistics China has now been expanded to include serving buyers… Link

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