Welcome to this week’s edition of eFocus, RepricerExpress’ weekly look at the top ecommerce stories and latest Amazon news from around the Web. This week’s round-up includes a report on Amazon tax affairs, eBay announces job cuts, Amazon plans to make 12 movies a year, how one Chinese retailer is doubling its sales and Amazon abandons sales of its diaper brand.
Amazon EU Sarl paid too little tax, EU competition regulator says: Simon Bowers at The Guardian reports on the 23-page provisional decision paper from the competition commission in Brussels. The report states Amazon EU Sarl had been paying inflated royalty fees to another Amazon entity. Continue reading…
eBay to cut 2,400 jobs this quarter: BBC News reports that US ecommerce giant eBay announced on Wednesday, it plans to cut 7% of its workforce, 2,400 jobs, ahead of its split from Paypal. Continue reading…
Amazon is going to make movies: Rob Price at Business Insider reports that Amazon have announced this week its intention to make full-length films and release them in cinemas. The ecommerce giant plans to produce 12 movies each year. Continue reading…
How a top Chinese e-retailer keeps doubling its web sales: Frank Tong at Internet Retailer reports on Vipshop Holdings Limited, whose sales have been increasing steadily by three-digit percentages since being founded in 2006. The retailer is currently valued at $12.2 billion on the New York Stock Exchange. Continue reading…
Lukewarm reviews dampen Amazon’s diaper plans: Sam Frizell at TIME reveals that just six weeks after launching the “Amazon Elements” diaper brand, the organisation has decided to temporarily discontinue the products after tepid customer reviews. Continue reading…
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