Amazon to lower some fees for third-party sellers
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/9/2026
- Wall St futures gain as oil slips; telecoms pressured by SpaceX spectrum deal
- Oil falls as Trump comments on Iran talks ease supply concerns
- Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports
- Telecom stocks tumble on SpaceX spectrum acquisition news
- Chipotle, Starbucks shares volatile after report of potential takeover
Tweet
Share
E-mail
FILE PHOTO: The logo of the web service Amazon is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/File Photo
(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.
"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)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- OpenAI revenue falls short of previously reported $70bn figure - FT
- Active options: AMZN GOOGL AMD GME NFLX CRWV MSFT WULF META AVGO
- Piper Sandler, KeyBanc bullish on Generac’s expanding data center pipeline
Create E-mail Alert Related Categories
General News, ReutersRelated Entities
Robert W BairdSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
