News Cart for October 23rd

News Cart for November 21st

Hello ECFriends,

Nike made waves recently by pulling its products from Amazon, triggering speculation on whether other brands will follow suit.

Facebook unveiled a system to simplify payments across Facebook, Messenger, Instagram and WhatsApp.

TikTok is testing shoppable links, and beware the self-deleting JavaScript payment skimmer. Check out these stories and more in this week’s News Cart for Nov. 21.


– Andrew

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In the News

Nike Pulling Its Products From Amazon

  • Nike says it will stop selling on, ending a wholesale pilot program that began in 2017
  • The brand reportedly struggled to control third-party listings that kept popping up on Amazon
  • Although 68% of Nike’s annual sales come from wholesale channels, since 2013 its direct business has grown three times faster than top-line revenue

Alibaba Has a Record-Breaking Singles Day

  • The company sold over $38 billion of goods in China on the day dedicated to singles treating themselves
  • The eye-popping number is more than twice 2018’s Black Friday, Cyber Monday and Prime Day volume combined
  • Sales were up 26% from 2018

Facebook Launches Facebook Pay

  • Facebook Pay allows users to store payment information for use across Facebook, Messenger, Instagram and WhatsApp
  • Program rolled out last week on Facebook and Messenger in the U.S., and later will be added to more people and places, including Instagram and WhatsApp
  • Facebook Pay securely stores and encrypts payment info, and users can add a PIN or their device’s biometrics (touch or face ID) as extra security

TikTok Tests an eCommerce Feature

  • New feature allows U.S. users to share a shoppable link within their bio or post
  • It’s reportedly in public beta right now, and only select creators can access it

Tidying Guru Marie Kondo Launches eCommerce Site

  • The Shop at KonMari sells a variety of items that “spark joy” in Marie Kondo
  • Many fans of Kondo’s “less-is-more” approach have commented on the irony

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