YCD news, recently the US Internal Revenue Service issued a reminder that beginning in January 2023, taxpayers will need to download the 1099-K form for all sales of goods and services received through payment applications such as Venmo, PayPal, and Cash App that exceed US$600. The requirement is one of the provisions of the American …
Read more “RS Reminder: Sellers with annual income over $600 must file tax returns”
YCD news, on December 8, Amazon announced the launch of a new feature called “Inspire”, which is similar to TikTok and allows buyers to shop through videos and pictures within the app. It is reported that this feature will be available to some US customers in early December, and will be available to all users …
Read more “Amazon launches a TikTok-like feature, buyers can “shopping while watching videos””
According to the latest news from YCD, sports e-commerce giant Fanatics raised $700 million in its latest round of financing, with a total valuation of $31 billion. The investment was led by Clearlake Capital, with participation from old shareholders Silver Lake, Fidelity and Softbank. Fanatics was born in Florida, USA in 1995. It started by …
Read more “Sports e-commerce giant Fanatics raises $700 million at $31 billion valuation”
YCD news, according to a report released this week by “Ad Age”, Amazon, Alibaba and L’Oreal are the three companies with the most advertising in the world. Data show that in 2021, Amazon’s advertising expenditure will reach US$16.9 billion, ranking first in the world. It was followed by China’s Alibaba Group with $14.2 billion in …
YCD found that, as the largest e-commerce market in Europe, the UK has a very high penetration rate of Internet and e-commerce shopping. In the UK, 62.84 million people are Internet users (96% of the total population), and nearly 60 million of them use online shopping as a daily routine. 60.4% of UK consumers shop …
Read more “Visit TOP1! Amazon dominates the mature European e-commerce market!”
YCD learned that on December 3, local time, a reporter from Platformer News in the United States tweeted that Amazon plans to resume advertising on Twitter at a price of about $100 million per year, and is currently waiting for some security measures for the Twitter advertising platform. Adjustment. YCD found that Elon Musk said …
Read more “Amazon plans to restart Twitter advertising, spending about $100 million a year”
The latest YCD news is that in anticipation of the Royal Mail strike action and related UK delivery service disruptions, Amazon will extend all seller fulfillment commitments to customers during the affected period. During this time, Amazon protections will also cover sellers for late shipment defects. Amazon safeguards The dates covered by Amazon’s safeguards include …
Read more “Amazon extends fulfillment commitments for all sellers due to Royal Mail strike”
YCD learned that on November 30, Amazon CEO Andy Jassy spoke at the New York Times DealBook conference. When talking about Thanksgiving consumption in the United States this year, he said that consumption remains sluggish and consumers are focused on finding specials. According to Jassy, Amazon is forecasting a likely slowdown in holiday season sales …
YCD has learned that UPS announced on Nov. 28 that it would offer a “guaranteed service refund” for all next-day air packages throughout peak season. The UPS money-back guarantee for international packages depends on the distance and time zone between the origin and destination. For example, a package sent from the UPS air hub in …
Read more “UPS Announces Money Back Guarantee for Air Packages!”
YCD has learned that Walmart recently introduced a program to brand merchants on its platform that would allow sellers to buy product reviews through Plum’s affiliate program for $15 per review. In a recent post, Walmart explained it this way: “Plum’s affiliate program helps sellers get real reviews for their products. If you’re looking for …
Read more “Walmart launches paid review program, $15 a review”