Industry Insiders News

A channel for those who work on the marketplaces on which the merchants and retailers are trading. Includes news as well as updates on product launches and services.
By Dan Wilson September 21, 2018 - 10:33 am

PayPal closes deal to acquire iZettle

PayPal Holdings has confirmed that it has completed its acquisition of iZettle for approximately $2.2 billion USD. They say the transaction builds on PayPal’s strong set of products and services for small businesses and is intended to help accelerate growth and deliver a seamless commerce

Alibaba’s Ant Financial launches new suite of tech tools for businesses

Ant Financial, which is a division of Asia's biggest company Alibaba, has announced they will be offering a new suite of technology products and services under a new brand, Ant Financial Technology, to support the growth of financial institutions by improving user experience and lowering

OFX appoints Sarah Webb as President of UK and Europe

OFX have announced the appointment of Sarah Webb as President, UK and Europe. This appointment signifies a growing importance for the UK and Europe for OFX, which will become acute as Brexit approaches. Sarah joins OFX from Barclays, where she held the role of Managing Director,

Amazon has launched the Alexa Gadgets Toolkit

Amazon has launched the Alexa Gadgets Toolkit (Beta), allowing developers to build new Alexa Gadgets, which they describe "as fun and delightful accessories that pair to compatible Echo devices via Bluetooth". Alexa Gadgets extend Alexa’s capabilities to new areas including motors, lights and music. This news comes

Amazon forced to turn down tens of thousands of Delivery Service Partner applicants

It looks like Amazon will be forced to turn down thousands of business hopefuls who applied to become an Amazon Delivery Service Partner. This is despite increasing their order for Mercedes Benz Sprinter vans from 5,000 to 20,000. Originally when Amazon announced their Delivery Service Partner

Waitrose Rapid Delivery two-hour delivery trial launches

Waitrose & Partners customers in selected London postcodes can now have their food and drink delivered straight to their door within two hours or on the same day for the first time as part of a new trial. This looks like an attempt to compete

Royal Mail Chairman quits the board

Royal Mail have announced that Chairman of the Board, Peter Long, has stepped down from the company's Board and this will take place with immediate effect. “It is with a heavy heart that I step down from the Royal Mail Board. Over my three years as

Amazon wants to be more like eBay with Amazon Storefronts launch

Amazon are taking a leaf out of eBay's playbook and promoting themselves as a big collection of small businesses with the Amazon Storefronts launch. Rather than being the big bad all encompassing retailer who threaten jobs in traditional bricks and mortar retail outlets, they want

85% of Amazon Prime members would welcome Amazon healthcare services

A survey has revealed that the vast majority of Amazon Prime members would welcome greater involvement from the marketplace and retailer in the healthcare industry. In a survey by Deutsche Bank, 85% of Amazon Prime members in the United States with health insurance have said they