Latest news with #AmazonMarketplace
NZ Herald
6 days ago
- NZ Herald
NZ Order of Merit recipient finds delivery driver masturbating in her home
A recipient of New Zealand's Order of Merit was disturbed to discover a delivery driver masturbating in her Spanish home. The British woman, who splits her time between Spain and New Zealand, ordered a bug repellent through Amazon Marketplace on July 15. As she told The Guardian, the delivery quickly
Times
24-07-2025
- Business
- Times
Online sellers are peddling fake cosmetics with impunity
For bargain-hunters interested in cosmetics, online marketplaces such as Amazon Marketplace, eBay, TikTok Shop and Vinted appear to offer a fantastic range of competitively priced products. But there's a serious catch: these sites are being used to sell dangerous fake versions of popular products. The latest investigation from Which? found that at least two thirds of products we bought from third-party sellers on online marketplaces were probably counterfeits. Amazon Marketplace, eBay, Tiktok Shop and Vinted all told us that they strictly prohibit the sale of counterfeit products, and have measures in place to detect and deal with them. However, fake beauty products have previously been found to contain dangerous and carcinogenic chemicals, including arsenic, lead and mercury, according to the Anti Counterfeiting Group. It's horrifying to think that shoppers could be applying these substances to their skin. How has this been allowed to happen? Which? thinks the answer is twofold: a consumer enforcement system that is not fit for purpose and a lack of clear responsibilities for marketplaces to ensure the safety of their products. The role of Trading Standards is to enforce laws that protect consumers. However, our recent freedom of information request found that Trading Standards departments are severely overstretched, and many are deprioritising consumer harms such as counterfeiting. These services, based within local authorities, are in the impossible position of enforcing hundreds of consumer protection laws — on the high street and online — without the resources to meet this challenge. Spotting counterfeit cosmetics is by no means straightforward. The sophistication of some counterfeits and the complexity of online marketplaces highlights why Trading Standards need to police them effectively. The UK is finally taking the necessary steps to update the regulatory obligations on online marketplaces. This week, after years of campaigning by Which?, the Product Regulation and Metrology Act gained Royal Assent; paving the way for new rules to tackle the sale of unsafe products. However, new rules are only as good as their enforcement. Without clear consequences, it's difficult to see where the deterrent lies for dodgy sellers. A better functioning enforcement system would deter many counterfeits from being listed, which would help prevent shoppers being exposed to misleading and dangerous products. If the government is serious about tackling crime and supporting responsible businesses, it must get a grip on this. Sue Davies is Which? head of consumer protection policy
Arabian Post
02-06-2025
- Business
- Arabian Post
Amazon Faces German Scrutiny Over Marketplace Pricing Practices
Arabian Post Staff -Dubai Germany's antitrust authority, the Bundeskartellamt, has issued a formal warning to Amazon regarding its pricing policies on the Amazon Marketplace. The watchdog contends that Amazon's mechanisms for controlling third-party sellers' prices may infringe upon both national and European Union competition laws. The Bundeskartellamt's concerns centre on Amazon's use of algorithms and policies that potentially penalise third-party sellers for setting prices deemed too high. Such penalties could include demotion in search rankings or outright removal of products from the platform. The authority argues that these practices may constitute an abuse of market dominance, restricting fair competition and consumer choice. ADVERTISEMENT This development follows the Bundeskartellamt's designation of Amazon as an entity of 'paramount significance for competition across markets' under Section 19a of the German Competition Act. This classification subjects Amazon to heightened regulatory scrutiny and obligations to ensure competitive fairness. In response to the ongoing investigation, the Bundeskartellamt conducted a survey in September 2024 involving 2,000 third-party retailers. The survey aimed to assess the impact of Amazon's pricing policies on sellers' behaviour and market dynamics. Preliminary findings suggest that Amazon's practices may deter sellers from offering competitive prices, thereby limiting market diversity. Amazon has previously defended its pricing policies, asserting that they are designed to prevent price gouging and protect consumers. However, the Bundeskartellamt maintains that such justifications do not exempt the company from adhering to competition laws. The European Commission is also monitoring Amazon's practices, particularly in light of the Digital Markets Act , which seeks to regulate large online platforms and prevent anti-competitive behaviour. Under the DMA, companies designated as 'gatekeepers' are prohibited from favouring their own services or imposing unfair conditions on business users. The outcome of the Bundeskartellamt's investigation could have significant implications for Amazon's operations in Germany and potentially across the European Union. If found in violation of competition laws, Amazon may face substantial fines and be required to alter its business practices to promote fair competition.
Associated Press
28-05-2025
- Business
- Associated Press
Jeffs' Brands Announces Pricing of approx. $581 Thousand Registered Direct Offering
Tel Aviv, Israel, May 28, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ('Jeffs' Brands' or the 'Company') (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it has entered into a securities purchase agreement with an institutional investor or the Investor, for aggregate gross cash proceeds of approximately $581 thousand, before deducting offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes, as well as for potential acquisitions. In connection with the offering, the Company will issue an aggregate of 662,500 ordinary shares and pre-funded warrants to purchase up to 1,276,007 ordinary shares at an exercise price of $0.0001. The pre-funded warrants will be sold at the same purchase price as the ordinary shares, less the pre-funded warrant exercise price of $0.0001. The pre-funded warrants will be exercisable upon issuance and will expire when exercised in full. The closing of the offering is expected to occur on or about May 28, 2025, subject to the satisfaction of certain customary closing conditions. The securities to be issued to the Investor described above will be issued pursuant to a registration statement on Form F-3 (File No. 333-283904) which was declared effective by the U.S. Securities and Exchange Commission (the 'SEC') on January 3, 2025. This offering will be made only by means of a prospectus. A copy of the prospectus supplement and the accompanying prospectus relating to this offering will be filed with the SEC and may be obtained for free by visiting EDGAR on the SEC's website at This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Vik Hakmon, the Company's chief executive officer and a director, may be deemed to have a personal interest in the offering by virtue of being a family member of the controlling shareholder of L.I.A. Pure Capital Ltd., the Investor, and as such the Offering was approved by the Company's audit committee and board of directors in accordance with the Israeli Companies Law-1999. About Jeffs' Brands Ltd Jeffs' Brands is transforming the world of e-commerce by creating and acquiring products and turning them into market leaders, tapping into vast, unrealized growth potential. Through our stellar team's insight into the FBA Amazon business model, we're using both human capability and advanced technology to take products to the next level. For more information on Jeffs' Brands Ltd visit Cautionary Note Regarding Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the 'safe harbor' created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as 'believe,' 'expect,' 'may,' 'should,' 'could,' 'seek,' 'intend,' 'plan,' 'goal,' 'estimate,' 'anticipate' or other comparable terms. For example, we are using forward-looking statements when discussing the closing of the offering and the anticipated use of proceeds from the offering. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to adapt to significant future alterations in Amazon's policies; our ability to sell our existing products and grow our brands and product offerings, including by acquiring new brands; our ability to meet our expectations regarding the revenue growth and the demand for e-commerce; the overall global economic environment; the impact of competition and new e-commerce technologies; general market, political and economic conditions in the countries in which we operate; projected capital expenditures and liquidity; the impact of possible changes in Amazon's policies and terms of use; and the other risks and uncertainties described in the Company's Annual Report on Form 20-F for the year ended December 31, 2024, filed with the SEC on March 31, 2025 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Jeffs' Brands is not responsible for the contents of third-party websites. Investor Relations Contact: Michal Efraty Adi and Michal PR- IR Investor Relations, Israel +972-(0)52-3044404 [email protected]
Washington Post
22-05-2025
- Business
- Washington Post
Nike to start selling its products directly on Amazon's US website again
Nike is going to start selling its products directly on Amazon's U.S. website for the first time since 2019 as the company looks for more ways to bring goods to customers and boost sales. Nike, which sells footwear, clothing and other items, cut ties with Amazon at a time when the online retailer was trying to lure big brands to its website. While Nike stopped selling its sneakers and athletic gear directly to Amazon in 2019, Nike's goods were still available on sold by independent sellers that list their merchandise directly on Amazon's marketplace.
