After blessing people through car windows and laying hands on cars last year because of the COVID-19 pandemic, the 200-plus in attendance at the 18th Blessing of the Marketplace on Wednesday at the new Destin High School agreed it was good to be back under one roof and in person.
"I think having it in-person today in a facility like this shows that the Destin community is getting back to normal," said Shane Moody, president and CEO of the Destin Chamber of Commerce. "Even though we were open for business this time last year, locals were still concerned about big gatherings. I know we were at the chamber.
Import duties skewing U.S. marketplace through Q1
WASHINGTON — The imposition in January of elevated import duties on consumer tires shipped from South Korea, Taiwan, Thailand and Vietnam has skewed the U.S. marketplace markedly since then, with imports from Taiwan and Thailand down measurably through the first three months of 2021.
Imports of passenger tires and light truck tires from Taiwan dropped 41.2% and 99.6%, respectively, in the period, according to Commerce Department data. Based on comment from companies that sell tires sourced from Taiwan, imports are likely to keep declining unless Commerce adjusts the duties downward.
'If you see something you like, you better be ready.
(WXYZ) — When the pandemic made some things hard to find and hopping from store to store wasn't really an option, Facebook Marketplace was open for business.
"I think people have turned to the community in many ways to try to help each other with information, in this case it's to try to help each other buying and selling," said Sonia Sroka, a Facebook spokesperson.
Sonia said people scooped up things like office chairs early on through Marketplace. Today, Facebook says more than 1 billion people visit Marketplace each month.
UPDATE: Facebook Marketplace bike sell ends in deadly shooting | News | cbs46.com
How to Capitalize on the E-Commerce Boom With a Multi-Marketplace Strategy
Marketplace sales are booming. According to Statista, 63 percent of consumers start their search on Amazon.com, 25 percent on other marketplaces, and only 21 percent on brands’ websites. Consumers trust and prefer marketplaces over brand websites for several reasons, including the availability of fast and free shipping, customer reviews, and easy product comparisons and returns.
A recent Shopify study found that merchants that sell in three or more channels can see a 200 percent boost in sales. Consequently, many online retailers see a multi-marketplace strategy as a path to sustainable growth. However, to be truly successful in this increasingly fragmented universe of evolving channels, sellers must carefully align their fulfillment and sales strategies.
Amazon Marketplace Accelerator Heyday Raises $70 Million In New Funding Round
Amazon marketplace brands are seen as a big opportunity for growth by Heyday and other startups that ... [+] seek to acquire, or incubate them. (Photo by Ronny Hartmann / AFP) (Photo by RONNY HARTMANN/AFP via Getty Images)
That brings Heyday's total funding thus far to $245 million, impressive for a company that only launched in August and emerged from stealth in November.
The Heyday news is the latest indicator of the strong enthusiasm tech investors have for Amazon aggregators - companies that believe they can profit by taking successful, but small, Amazon sellers and making them a lot bigger.
Escanaba DDA Plans Marketplace Kitchen Grand Opening | Radioresultsnetwork.com
Executive Director Scott Czasak of the Escanaba Downtown Development Authority (DDA) made the following announcement today:
"The Escanaba DDA is proud to announce the completion of the Shared Kitchen project at the Escanaba Marketplace located in Downtown Escanaba. This project is another step in making the Escanaba Marketplace the centerpiece of Downtown which will have a multitude of uses.
The Shared Kitchen project, paid for with grants from the Michigan Department of Agriculture and the Hannahville Indian Community, and by the Escanaba DDA, provides for commercial kitchen space at the Escanaba Marketplace. Multiple uses are projected, including catering for the existing event space, educational projects, and restaurant development.
factory14 raises $200M to jump into the Amazon marketplace roll-up race – TechCrunch
It doesn’t feel like a week goes by at the moment that another startup doesn’t emerge armed with a huge wallet of cash to pursue a strategy of consolidating and then scaling promising brands that have built a business selling on marketplaces like Amazon’s. In the latest development, a startup called factory14 is coming out of stealth mode in Europe with $200 million in funding to snap up smaller businesses and help them grow through better economies of scale.
bne IntelliNews - Moscow Exchange acquires banking and insurance marketplace
Moscow Exchange has taken control of Inguru, a major marketplace for insurance and banking products. As a result of the transaction, Moscow Exchange has got a 70% stake in the company, and could increase it to 100% over a period of five years, reports East-West Digital News (EWDN).
The financial terms of the transaction have not been disclosed, but Moscow Exchange specified that "the purchase price will depend on Inguru's operational and financial performance."
Happening on Twitter
On this day 10 years back, I took oath as CM for the first time to serve the people of #WestBengal as we embarked o… https://t.co/mUMoKWU8K0 MamataOfficial (from Kolkata, India) Thu May 20 07:25:39 +0000 2021
"The GOP refusal to agree to the bipartisan 1/6 Commission bill could be a blessing in disguise. It will free Pelos… https://t.co/fIG28Roodx tribelaw Thu May 20 17:54:37 +0000 2021
#MHRise Ver. 3.0 is coming soon! Here's a fun checklist of things to make before the update: 👅 Weapon with invisib… https://t.co/Oowqa4J7Ov monsterhunter (from #MHRise) Fri May 21 16:00:31 +0000 2021
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