Marketplace Industry News (March, 2023)

In this March News Digest, we review the most important news, developments and trends in the eCommerce marketplace industry. Create your own demo marketplace with CS-Cart for free: https://www.cs-cart.com/multi-vendor-personal-demo.html 0:00 Welcome to Marketplace News Digest 0:22 Amazon makes its sales data public 1:04 Amazon raised fulfillment fees in Europe 1:57 Amazon fires 9,000 more workers 2:28 Amazon to "revamp" free shipping as the costs soar 3:06 Magic Eden embraces ordinals and launches Bitcoin NFT marketplace 3:50 Alibaba is divided into 6 business units 4:27 Zalando is removing sellers from its marketplace 5:11 Walmart narrows Amazon's lead among wealthy online shoppers 6:05 H&M and ThredUp are partnering to introduce an online resale platform 6:46 Michael's launches a third-party online marketplace