Price-fixing on Amazon, Future Billion-Dollar Startups, Social Media Shop Competition, and Easier FBA Shipments - This week in Amazon & eCommerce - Aug 30

Fixing a price on freedom…

1. Price-fixing on Amazon: An Amazon seller has been sentenced to 18 months in prison for engaging in price-fixing on DVDs and related items. In addition, 3 companies the seller owned were fined over $340,000 in criminal fees, and 4 more conspirators were given varying sentences, all including prison, home confinement, and fees. [Learn more].

2. Discover the future of business online: A batch of prominent startups are projected to reach billion-dollar valuations in 2023. This list is predominantly led by advancements in AI and data, underscoring the swift progress of tech-centered entrepreneurship. These enterprises are not only reshaping sectors but also revolutionizing user interactions, making them a focal point for investors and a driving force for market evolution. [Learn more]

3. New marketplace trends in social media: Major platforms like Facebook, Instagram, and TikTok are upping the ante in the ecommerce world. These platforms are attempting to seamlessly blend shopping into the user experience, revolutionize the way consumers engage with brands, and make a fortune in the process. Only time will tell the impact this may or may not have on the current ecommerce titans. [Learn more]

4. Amazon makes FBA shipping from China easier: Amazon introduces improved shipment tracking for FBA shipments from China, streamlining the importing process. These changes have far-reaching implications for the global e-commerce sector. Amazon highlights the potential these changes have to help sellers make more informed decisions about stock levels and therefore save money. [Learn more].

Check out some recent trends from EcomTrendFinder!

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