All articles tagged with #marketplace
Originally Published 10 days ago — by ABC7 Chicago
A teenage boy was shot and killed after attempting to rob another teen during a marketplace sale in Cicero; a relative of the seller, who also had a gun, returned fire and was shot twice but remains stable, while the alleged robber died from his wounds.
Originally Published 3 months ago — by TipRanks
Walmart's stock declined following an investigation by CNBC that revealed safety issues and counterfeit products in its marketplace, raising concerns about its vetting processes and potential reputational damage, despite a strong analyst consensus and a positive price target outlook.
Originally Published 4 months ago — by CNBC
Best Buy exceeded revenue and earnings expectations in its recent quarter but maintained its full-year forecast due to tariff-related uncertainties, which are impacting consumer spending and product costs. The company is launching a third-party marketplace to boost growth amid ongoing challenges from higher interest rates and tariff impacts, with some price increases already implemented.
Originally Published 4 months ago — by CNBC
Best Buy is launching a third-party marketplace on its website and app to diversify its product offerings, attract more customers, and boost sales amid declining revenue and challenging market conditions. The platform will feature products from around 500 vetted sellers, including tech accessories, seasonal items, and niche products, and aims to enhance customer experience while supporting the company's strategic growth and advertising efforts.
Originally Published 6 months ago — by Yahoo Finance
Centene's stock dropped 20% after the company withdrew its 2025 earnings guidance due to unexpected challenges in its Marketplace business and rising Medicaid costs, including lower-than-expected market growth and higher morbidity rates, leading to revised revenue and earnings projections. Despite these issues, its Medicare businesses are performing well, and the company plans to update its financial outlook in late July 2025.
Originally Published 6 months ago — by TechCrunch
Cloudflare has launched a private beta marketplace called Pay per Crawl, allowing website owners to monetize or control AI crawlers accessing their content, potentially transforming how publishers manage their data in the AI era by setting prices or blocking crawlers altogether.
Originally Published 7 months ago — by Bloomberg.com
Germany’s antitrust authority warned Amazon that its price control policies for marketplace retailers may violate EU and national laws, as they influence competition and pricing transparency. Amazon argues that such controls are necessary for a good shopping experience, but regulators are concerned about their impact on fair competition and transparency in pricing algorithms.
Originally Published 7 months ago — by Business Insider
Amazon's confidential 'Bend the Curve' project aims to remove at least 24 billion unproductive product listings to streamline its marketplace, reduce costs, and improve customer experience, while still expanding its product catalog and managing third-party seller growth.
Originally Published 1 year ago — by The New York Times
Meta has been fined $840 million by European regulators for allegedly using its dominant position to unfairly promote its Marketplace service, violating antitrust laws.
Originally Published 1 year ago — by Business Insider
Meta has unveiled a plan to attract Gen Z to Facebook by focusing on content discovery and practical features like Marketplace, Dating, Groups, and Events. The strategy aims to appeal to young adults rather than teens, leveraging Facebook's utility and user-friendly interface to compete with less polished alternatives like Craigslist and Reddit. Despite skepticism, the approach could succeed by positioning Facebook as a versatile "everything app."
Originally Published 1 year ago — by The New York Times
Despite declining popularity as a social site among Gen Z, Facebook's Marketplace has become a go-to platform for young adults looking to save money by purchasing secondhand items. With limited disposable income, many 20-somethings are turning to the platform to find affordable deals on furniture, kitchen appliances, and décor, preferring its user-friendly interface over other sites. This shift reflects a trend of Gen Z using Facebook primarily as a marketplace rather than a social networking site, as they spend more time on platforms like TikTok and Instagram.
Originally Published 1 year ago — by BuzzFeed
A list of bizarre items found for sale on the internet includes a plate of lasagna the size of a foot, a microwave with minor issues, an unfinished baby, demonic rocks, a bag of floss picks, and more, showcasing the strange and awkward things people have attempted to sell online.
Originally Published 1 year ago — by TechCrunch
Plex, following a recent $40 million fundraise, is expanding into movie rentals for U.S. customers, offering titles from major studios starting at $3.99 with over 1,000 titles available at launch. The company's long-teased marketplace will initially focus on movies, not TV shows, due to user demand. Plex plans to leverage its recommendation capabilities and user data to drive rentals, despite competition in the market, and will launch the movie marketplace across various platforms.
Originally Published 2 years ago — by WIRED
OpenAI has launched the GPT Store, allowing ChatGPT Plus subscribers to create and share custom chatbots. To list a custom GPT, users must create one and then visit the ChatGPT homepage. There are restrictions on content, including a ban on creating GPTs for "romantic companionship" and impersonating celebrities or companies without consent. The GPT Store features trending chatbots, and creators may receive payments based on engagement metrics, though details are currently limited.
Originally Published 2 years ago — by Video Games Chronicle
GameStop is shutting down its NFT marketplace after 18 months due to regulatory uncertainty in the crypto space. The company had previously committed to the crypto space but has now decided to wind down its NFT marketplace, with customers no longer able to buy, sell, or create NFTs after February 2, 2024. GameStop's move reflects the ongoing challenges and criticisms surrounding NFTs, despite initial interest from video game companies in the technology.