Amazon to lower some fees for third-party sellers
(Reuters) - Amazon.com Inc is going to lower some fees it charges third-party sellers on its marketplace, the company said on Thursday. The marketplace unit allows third-party sellers, who account for over 50 percent of the total units sold on Amazon, to sell their wares on the ecommerce giant's website and app
(Reuters) - Amazon.com Inc
The marketplace unit allows third-party sellers, who account for over 50 percent of the total units sold on Amazon, to sell their wares on the ecommerce giant's website and app.
"We expect newly announced marketplace fee changes to slightly lower overall take rates, although with the benefit of greater product selection and volume," analysts at Baird said.
The analysts said the move would help the company better compete with retailers such as Walmart and Target.
(Reporting by Vibhuti Sharma and Jeffrey Dastin in San Francisco; Editing by Arun Koyyur)
This story has not been edited by Firstpost staff and is generated by auto-feed.
By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States
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