The coronavirus outbreak has created a run on certain supplies , and with demand comes opportunists. Over the weekend, The New York Times published an account of one Amazon seller's 18,000-bottle stockpile of hand sanitizer, which he was selling for as much as $70 apiece until the platform yanked his listings, the latest example of morally murky behavior in third-party marketplaces.
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"Amazon has some stringent rules around products, pricing and overall customer experience. However, since the marketplace is incredibly big, there are always a few bad apples that are hard to get rid of," said Deneiro Bartolini, an Amazon seller with products in categories like kitchenware, baby items and mobile accessories.
Other things to check out:
LOCAL Take-Out Marketplace | The SandPaper
While we are currently unable to patronize our favorite establishments, take-out and delivery is still available for your convenience at many fine local eateries. We support our local businesses to keep them connected with consumers on their enhanced efforts to serve as they adjust to doing business under COVID-19 restrictions. MAINLAND 151 State […]
Restaurant industry already struggling during COVID-19 - Marketplace
The coronavirus is hitting the services sector pretty hard. The governor of Oregon ordered bars and restaurants to close for anything other than takeout on Monday. The same thing is happening all across the country, especially after New York and Los Angeles shut things down, too. So how’s the restaurant industry dealing?
Back in February, the Taiwanese restaurant 886 in Manhattan started seeing a steady slowdown. Co-owner Eric Sze said the drop-off in business was manageable at first.
Refurbed raises $17 million to expand its refurbished gadget marketplace | VentureBeat
Vienna, Austria-based Refurbed announced today that it has raised a $17 million round of venture capital to fuel the expansion of its marketplace for restored consumer electronics.
Refurbed, which focuses on the European market , works with factory partners that specialize in restoring smartphones, laptops, and tablets. The company makes those products easier to find via its website, while also offering warranties and customer service.
"We want to make refurbished products as normal as possible," said cofounder and CEO Peter Windischhofer. "With refurbished products, you can get good quality for less money and do something good for the environment. There's not many products where you can say that."
And here's another article:
Bloomberg - Are you a robot?
Knott's closes hotel and marketplace amid coronavirus outbreak – Orange County Register
Knott's Berry Farm will close its on-property hotel and the outdoor shopping mall next to the already-shuttered Buena Park theme park in response to the coronavirus outbreak.
"Given the evolving situation and in collaboration with federal and state guidelines, the Knott's Berry Farm Hotel and California Marketplace will temporarily close effective March 18 until the end of the month," according to the official Knott's Twitter account.
To stay updated on the latest information, please visit https://t.co/G7F6lP1rua pic.twitter.com/oHsyssg2eP
Let's take a deep breath - Marketplace
We called up Barry Ritholtz, chairman and chief investment officer of Ritholtz Wealth Management, to help us put it in perspective.
To avoid turning into a “stock market zombie,” Ritholtz said to remember that ups and downs — even really big ups and downs — are the nature of the beast.
“We don't get 10% swings up and down on a daily basis, but these happen on a regular basis. I think the biggest mistake people make is calling these things hundred-year floods, because we get them every 10 years or so,” Ritholtz said in an interview with Marketplace's David Brancaccio.
How Samsung became one of the world's biggest tech companies - Marketplace
The following is an excerpt from Geoffrey Cain’s new book “Samsung Rising: The Inside Story of the South Korean Giant That Set Out to Beat Apple and Conquer Tech,” about the South Korean company’s journey from grocery store to tech giant.
ONE DAY IN SEPTEMBER, the U.S. division's South Korean dispatcher (its liaison with Samsung headquarters), a man named Ji, hurried into the office, frantic and fearful. A plane full of auditors from Samsung headquarters was on the way from Korea to go through the American team's books. They would land in a few hours.
Happening on Twitter
Hay personas especulando con una situación imperdonable para especular. Sépanlo porque avisé: vamos a perseguir a t… https://t.co/nf0JTDGC8d alferdez (from Buenos Aires) Tue Mar 17 22:13:05 +0000 2020
Coronavirus https://t.co/VW7XqNTU2g DemetriusHarmon (from Detroit,MI - Los Angeles,CA) Wed Mar 18 00:20:34 +0000 2020
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