Amazon.com
Payvment is now aggregating items from the 1.2 million products in the 50,000 e-commerce storefront Facebook Page tab apps it powers to create a new product called Shopping Mall. Facebook apps let users search, browse, Like and buy products and will help small merchants with few fans gain customers for free.
Facebook may become a major player in e-commerce, and small sellers are helping pave the way. One-third (32 percent) of the online sellers responding to AuctionBytes' latest Facebook Quick Poll said they list items for sale on Facebook.
While traditional e-commerce retailers like Amazon and eBay tout their massive catalogs with millions of products as selling points for consumers, a host of new start-ups are looking to do just the opposite: make buying decisions easier by limiting choice.
The rapid growth in internet sales is great for online retailers, but it's bad news for state and local governments as many online purchases donโt have any sales tax attached to them. Long before the internet was on anybodyโs radar, the Supreme Court ruled that states couldnโt require that retailers without a physical presence in a state, like mail-order companies, charge sales tax on their behalf.
Borders Group filed for bankruptcy in New York today after management changes, job cuts and debt restructuring failed to make up for sagging book sales in the face of competition from Amazon and Wal-Mart.
Barnes & Noble issued an open letter to Amazon affiliates attempting to capitalize on problems the online retailer faces with some state tax authorities. States such as New York have told Amazon it must collect state sales tax because its affiliates count as a physical presence. In response, Amazon has shut off affiliates in states that have enacted such laws.
Online retail giant Amazon.com is closing a suburban Dallas distribution center and scrapping plans to expand Texas operations after a dispute with the state over millions of dollars in sales taxes, an executive informed employees in an email obtained by The Associated Press.
To resolve a privacy lawsuit brought by Amazon and the ACLU, the state of North Carolina has agreed to stop asking all e-commerce sites for information about state residents who have made online purchases.
Illinois is dangerously close to making an already challenging economy even more difficult for thousands of small businesses with a new e-commerce tax. Lawmakers recently passed the measure without regard for the potential impact on Illinois' technology businesses.