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Amazon announced new supply-chain services Tuesday that expand its fulfillment and logistics operations for sales outside of Amazon.com. Amazon has spent billions on its global fulfillment operations, Fulfillment by Amazon, or FBA. "A seller doesn't want to have two sets of supply-chain services, one that's for Amazon and one that's for someone else. For example, it offers multi-channel fulfillment, which enables sellers to use Amazon's services to fulfill customers' orders even if the sale took place off of Amazon. Mehta said that he expects Buy with Prime to "naturally benefit" from Amazon's continued investment in supply chain tools.
Persons: Dharmesh Mehta, They've, Mehta, " Mehta Organizations: Amazon, Shoppers Locations: mstone@insider.com
Amazon is adding a new charge for third-party sellers who ship their own products instead of paying for the company's fulfillment services. Previously, there was no such fee for sellers. The e-commerce giant also charges sellers a referral fee between 8% and 15% on each sale. Regulators have examined whether Amazon pressures sellers into using its services in exchange for preferential treatment on the marketplace. In a blog post on Monday, the company argued sellers continue to flock to its sprawling marketplace "because it's a great value."
Persons: Amazon's, hasn't, Sellers, Dharmesh Mehta Organizations: CNBC, Amazon, Bloomberg, Regulators, Federal Trade Commission Locations: SFP, U.S
Amazon launches program to identify and track counterfeiters
  + stars: | 2023-04-20 | by ( ) www.reuters.com   time to read: +1 min
Online marketplaces in the United States including Amazon face hurdles in keeping counterfeiters off their platforms and fake merchandise from entering their warehouses. The new program mimics data exchange programs by the credit card industry to find scammers and identify their tactics. Stores and Amazon marketplace sellers can anonymously contribute information and records flagging counterfeiters to a third-party database or use the database to avoid doing business with the bad actors. The Seattle-based retail giant piloted the anti-counterfeiting initiative in 2021 with an undisclosed number of apparel, home goods and cosmetics stores, where counterfeiting is most common. Reporting by Arriana McLymore in New York City; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
New York CNN —The FBI says America has a “pig butchering” problem. “We’re talking about a cryptocurrency investment scam that is sweeping the country.”The term pig butchering refers to an unsuspecting victim — the “pig” — being tricked by scammers into forking over money for a promised high rate of return. Once criminals “fatten up” their victims’ digital wallets, they steal the money, Rosen says. “Online criminals’ scams are only limited by their imagination, and they have an impeccable sense of timing,” says Fisher. “They will not make you pay in advance to collect your money.”There were approximately 60 fake sweepstakes victims in New Mexico alone last year whose collective losses totaled $1 million, he says.
MILAN, Oct 20 (Reuters) - U.S. e-commerce giant Amazon (AMZN.O) said on Thursday it had filed legal complaints in Italy and Spain as it steps up efforts globally to shut down fake review brokers. In its first criminal complaint in Europe, Amazon said it was targeting a "high-profile broker in Italy selling fake reviews", but did not name the person. Four- and five-star reviews can aid sales, especially if customers perceive them as unbiased. Amazon also filed a civil complaint in Spain against Agencia Reviews, alleging the Spanish-based operator was fully reimbursing customers once they publish a fake 5-star review. The company also said it had sent warnings to five websites in Germany that were directing visitors to a fake review broker, adding that all have since agreed to stop this activity by signing a cease and desist letter.
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