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Mercado Libre operates under five main business units. MarketPlace is its platform for users to sell products, Mercado Pago is its payment platform for online sales, Mercado Publicado is the advertising portion of Mercado Libre, Mercado Shops is a tool designed to enhance the platform's overall ecosystem, [34] and Mercado Crédito is the company's credit line.
As of September 2014, eBay has acquired over 40 companies, the most expensive of which was the purchase of Skype, a Voice over Internet Protocol company, for US$2.6 billion in cash plus up to an additional US$1.5 billion if certain performance goals were met. [2] The majority of companies acquired by eBay are based in the United States.
Temu requires its sellers to offer their products at prices lower than those found on AliExpress. [33] When multiple sellers offer the same product, Temu authorizes only the one with the lowest price. [33] Items not meeting Temu's minimum sales requirements (30 pieces and $90 in 14 days) are removed from the platform. [33]
Required to buy and sell Tradera.com is an online marketplace based in Stockholm, Sweden. With its 3,6 million members, 6 million weekly visits and more than 3 million listings at any given point (2024), it's the largest marketplace in the Nordics for sustainable shopping.
Many independent sellers were upset that, unlike other sellers, Buy.com was allowed to sell on eBay without paying listing fees. [ 13 ] [ 14 ] From 2007 to 2009, the number of products for sale in Buy.com's marketplace grew from 2.3 million to 5 million, positioning it as the number two e-commerce site behind Amazon.com. [ 12 ]
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In "counterfeit goods" scam, the seller uses a marketplace to sell illegal or counterfeit products, while misrepresenting them as legitimate goods. In "advanced fee fraud" the seller tricks the buyer's into making an unsecured (i.e. not via a credit card or another legitimate escrow service) payment before receiving the product/service.
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