Career News: 13 Japanese companies to attend JAPAN DAY 2021 @IIT Hyderabad  |  Higher Studies: IELTS Mock Tests: Benefits and Characteristics  |  Teacher Insights: New Features in Moodle 4.0  |  Policy Indications: India-US Launch Climate Action and Finance Mobilisation Dialogue  |  Science Innovations: Stanford University Develops Algorithm to Predict Molecular Structures  |  Technology Inceptions: Oxygen Concentrator, Generation System Developed by Indian Institute of Science  |  Teacher Insights: Early Intervention in Children Good to Prevent Dyslexia  |  Parent Interventions: Cognitive Stimulation Lowers Dementia Risk  |  Parent Interventions: Elderly Cope Better with Pandemic  |  Policy Indications: Use of Copyrighted Works in Online Education  |  Parent Interventions: Maternal Voice Reduces Pain in Preemies  |  Teacher Insights: Eye Sight of Children Affected by Online Learning  |  Expert Counsel: Afghanistan: Top Trouble Spot  |  Best Practices: 'Money Box' Project Gets National Recognition  |  Best Practices: Craft World School Support in Fighting Pandemic  |  
August 30, 2019 Friday 10:53:11 AM IST

eBay planning new shipping service

Technology Inceptions

eBay is launching a service to deliver orders more quickly and cheaply. The company's latest effort is intended to be more appealing to shoppers and sellers as well as compete with

eBay isn't planning to build its own warehouse network like Amazon. Instead, it will use the collective volume of its sellers - about 1.5 million packages a day in the US - to negotiate discounts with logistics partners. The goal is to let eBay merchants store inventory in warehouses around the US so that products can be delivered in two or three days at competitive rates. eBay plans to roll out its ‘Managed Delivery’ service in 2020 and will run it on behalf of merchants through its own technology platform.

The new service will be cheaper than Amazon's, and eBay will take responsibility for products lost or damaged in shipping, which is currently the seller's responsibility.