Welcome to this week’s edition of eFocus, RepricerExpress’ weekly look at the top ecommerce stories and latest Amazon news from around the Web including Amazon seeks to shut down fake review sites, Google faces a fine from the European Commission, the home services market gets the attention of ecommerce giants, Amazon make a deal with a frenemy and Shopify files for IPO.
Amazon seeks to shut down paid review sites: BBC News reports this week that Amazon is seeking to close a number of websites who offer 5-star reviews to sellers in exchange for cash. Amazon alleges that the paid opinions undermine its review system which customers believe come from unbiased sources. Continue reading…
Google under siege—Europe wants blood: Ivana Kottasova and David Goldman at CNN report on the news this week that Google could face a fine up to $6 billion from the European Commission (EC). The EC’s main complaint with Google involves the way it favors its own search results above competitors’. The most relevant links are not always listed first on Google. Continue reading…
Amazon, Google and more are drawn to home services market: Hilary Stout at the New York Times reports that some of the biggest names in ecommerce are competing for a piece of the home services market, described as one of biggest pots of gold left on the Internet. Continue reading…
Amazon conceded another battle by letting HarperCollins decide book prices: Jason Abbruzzese at Mashable reports that Amazon has appeased another frenemy by striking a deal with publisher HarperCollins, that reportedly gives up some of Amazon’s control on how much consumers pay for books online. Continue reading…
Ecommerce software firm Shopify files for IPO: Ryan Mac at Forbes reports that Ottawa company Shopify, which provides merchants with software that allows them to build and run online storefronts has filed for an initial public offering with the Securities and Exchange Commission. Continue reading…
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