Today Walmart passed a big milestone - 10,000 sellers on the marketplace. Even though Walmart marketplace was launched in 2009, it took a while before it started to gain traction. The first time we covered Walmart was in May 2016, when the Walmart marketplace just passed 500 sellers.
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We've been covering scam sellers issue for a while now, but lately we noticed a new trend. Instead of opening new accounts, which Amazon has been more proactive about shutting down, they are using old dormant seller accounts.
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Retailers like Amazon create cash by buying goods from vendors and selling them to consumers. We recently made Amazon Cash Conversion Cycle public, it was -37.40 last year. What this number means is that after Amazon collected payments from customers it only paid their supplies 37 days later.
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We looked at the top eBay US stores to see where they are located. We found that roughly 30% of the top 10,000 sellers are based in China.
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In the last 12 months, we detected close to 700,000 new sellers join Amazon.com. Many more joined other Amazon marketplaces, but in this analysis we chose to focus on the US market alone.
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New York State Governor Andrew Cuomo is proposing several tax-related changes in the 2017-2018 Executive Budget Bill, one of which is the marketplace sales tax. The bill effectively shifts the sales tax collection burden from the seller to the marketplace.
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Amazon in Europe is a unique market - while there are 5 separate marketplaces (UK, Germany, France, Spain and Italy), the countries are close enough to each other that they can be treated like a single marketplace. So we decided to analyze European marketplaces and see how much of cross border selling is there.
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In an unexpected turn of events Rakuten sellers received an email saying that their seller privileges are to be terminated because Rakuten is "focusing our efforts on a very limited assortment of products and merchants in the near term".
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China's e-commerce market is larger than any other country's in the world - it represents almost a half of e-commerce sales worldwide. While US retailers on Amazon are starting to feel the competition of Chinese competitors, the question is how is this competition going to go the other way.
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Today Etsy reported Q4 2016 and full year results and all the numbers look great. Sellers sold $2.8 billion worth of products, up by 19.0% from a year ago.
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