In 2020, the pandemic boost excited the entire e-commerce industry about the possibility of hypergrowth. As it turned, e-commerce only grew slightly, and everything – from sourcing to advertising – got harder. This is nice to see some encouraging news from U.S. Department of Commerce – the U.S. online sales increased by 6.7% during the last three-month period.
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FedEx will soon start offering Picture Proof of Delivery for express and ground residential deliveries in the U.S. and Canada that are released without a signature. Photos will be accessible through FedEx tracking tools and will not require an account or log-in. This service will be free and will not require enrollment.
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Facebook Marketplace announced changes to its feedback policy to crack down on fake reviews and spam. As a consequence, Facebook will give extra scrutiny to reviews posted on the platform. The new policy provides clearer guidelines on what types of community feedback are allowed and ensures that reviews are based on real purchasing experiences.
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This move gives eBay access to the technology and the platform which allows users to create, buy and resell NFTs via blockchain-support transactions.
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President Biden signed the bipartisan bill Ocean Reform Act. This is the first significant revision to this legislation in over 20 years. The bill addresses ocean shipping supply chain issues. Among them are things like shipping container shortage, crisis management, and late fees charged by the ocean carriers and terminals, which are passed on to the consumer, adding to inflation in the US.
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According to the story by Bloomberg, Amazon has spent billions of dollars on real estate, that will be used for a new generation of multi-story warehouses. For example, the company purchased 193 acres outside Round Rock, Texas – located a few miles north of the booming city of Austin, where GeekSeller’s headquarter is located.
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