e-commerce
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Amazon Reportedly Changed Its Algorithm To Favour Most Profitable Products, Including Its Own
Despite internal opposition, Amazon has changed its search algorithms to prioritise listings that translate into bigger profits for the company — including its own private label goods, according to a Wall Street Journal exclusive.
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eBay Is Suing Amazon Over Claims It Engaged In Illegal ‘Conspiracy’ To Poach Sellers
Online marketplace eBay is again taking legal action against Amazon, claiming that managers at the e-commerce behemoth directed employees to actively and illegally pursue sellers on eBay’s platform to lure them to Amazon’s own.
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RIP Your Wallet: Instagram Adds In-App Shopping
If you’ve ever browsed through your Instagram feed and thought “Oh that shirt is cute but haha, thank god that’s way too much effort for me to actually leave this app and buy it” — bad news, friends. Instagram announced that starting today, it’s introducing an in-app checkout feature.
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In Blow To Amazon And Walmart, India Bans A Key Part Of Their Business Strategy
The Indian government sent a strong screw you to Amazon and the Walmart-owned Flipkart on Wednesday, banning e-commerce companies from selling products from companies that they have an equity interest in or “entering into exclusive agreements with sellers,” CNBC reported.