From August 16 this year, Turkish debit/credit card holders will have to instruct their banks to process transactions every time they use their cards - also online, also on classified sites, and also for international transactions, reported Webrazzi.com.
Alibaba Group, China’s leading b-to-b marketplace, announced today that seven top Chinese e-commerce influencers will tour Australia in a bid to create further demand for Alibaba and local exporters.
The Delhi High Court restrained online auto classifieds start-up Cars24.com from airing advertisements disparaging the services offered by OLX India, reported news agency PTI.
Recommerce is growing strongly in Germany, and its larger recommerce players are generating much more revenue from used goods than its general classified sites. Recommerce sites buy used goods from consumers and re-sell the goods (mostly on other sites) for a profit.
After Immobilienscout24 sold back the stake it had in mobile-first marketplace Stuffle, the German stuff platform pivots its business focus again.
MercadoLibre adopted a policy of fixed, quarterly dividends, which it hopes will allow it to "allocate additional capital to key initiatives intended to generate important incremental scale efficiencies for the long-term in businesses, driving current growth, including logistics, Fintech and retail".
EBay Australia is strengthening its b-to-b offer. Businesses in Australia and New Zealand using SAP Ariba to procure industrial products and office supplies, will soon be able make one-off purchases on EBay, when the company rolls out its Spot Buy marketplace down under.
Finn Shopping, the e-commerce vertical on Finn.no, is here to stay. With more than 21,000 items listed on the platform, it has started to recruit top managers. "So far, the results are good. So, we are moving forward by employing managers," Anders Skoe, CEO of Finn, told us.
Tradono launched a secure payment method called TradonoPay, which "turns into an intermediary in all trades". TradonoPay keeps your money, until you have received the item, are happy with it, and have informed TradonoPay.
Mercari, Japan’s leading app-only marketplace, launched in the U.K. in recent weeks. The app is also big in the U.S., where it may list in the not-so-distant future.