Important: The latest changes implemented by eBay require all sellers to contain product identifiers for new and obsolete items. On June 29, 2015, this change was changed… Read more In addition, here are the links to spring 2020 (or summer for Australia) seller updates from the four other English-speaking international eBay markets: title in the weekend, eBay had 42,000 sellers using the new payment platform, and it had so far processed more than $4.7 billion in volume through the “Managed Payments” initiative, according to Alyssa Cutright, vice president of global payments on eBay, who said the company would move quickly to attract more dealers on board. The company had another 250,000 sellers who arrived on the platform when the PayPal agreement expired, limiting the extent to which eBay could operate its own payment system. Nikola Corp.`s shares fell 15.2% in pre-stock trading Monday after the maker of hydrogen batteries and electric vehicles said it was signing a new delivery agreement with General Motors Co. that does not include GM`s previously announced stake. Nikola said the new Memorandum of Understanding (MOU) “replaces and replaces” the agreement announced on 8 September. At that time, Nikola announced a subscription contract in which it will issue and sell 47.7 million shares of its common shares in GM for $2.0 billion. As part of the agreement, Nikola and GM will integrate GM`s Hydrotec fuel cell technology into Nikolas` Class 7 and 8 emission-free semi-trailers, and companies will “discuss” the potential for using GM Nikolas Class 7 and 8`s Ultium battery system.
Nikola said he still expected to start testing prototypes of his fuel cell trucks by the end of 2021. Nikola`s stock fell 32.5% in the last three months to Friday, but it was still 170.6% in the previous year, while the S.P. 500 rose 12.6% this year. www.thebalancesmb.com/mandatory-arbitration-clauses-in-business-agreements-397425 EBay Inc. intends to roll out its new payment system “fairly quickly” after the formal end of its enterprise agreement with PayPal Holdings Inc. eBay today released the 2020 Spring Seller Update. Here are the main points of the update (US version), as well as some comments on what it may mean for sellers. On eBay, we strive to clarify our policies and make our services easy. As part of this obligation, we announce some changes to the eBay user agreement. Our updated usage agreement will come into effect on May 30, 2019 for all users. The updated usage agreement will be available from today, April 30, 2019, eBay.com. This article dealt with the U.S.
version of the Spring Sellers Update. Other countries may have different updates to functions and guidelines. Here is the link to the U.S. version of the 2020 Spring Seller Update to eBay.com. The old enterprise agreement limited eBay`s ability to geographically expand managed payments, and eBay had only conducted tests in the United States and Germany on small parts of the reseller base. The company is now focused on upgrading the new system in these markets, expanding to Canada, the United Kingdom and Australia, and ultimately moving elsewhere. Sellers are expected to receive an email this morning containing an updated version of eBay`s user agreement, which will take effect on February 26, 2020. These sections are the main changes to the user agreement. EBay EBAY, -1.46% and PayPal PYPL, divided into two separate companies in July 2015, while maintaining a five-year enterprise agreement that would keep PayPal the e-commerce giant`s main payment partner. The companies announced in January 2018 that they would not renew the agreement after it expired, which took place over the weekend.