eBay has announced plans to offer fulfillment services to eBay sellers. This new service would allow eBay sellers to warehouse product in 3rd party warehouses around the country, and would allow for quicker delivery of products. eBay is one of the largest marketplaces in the world, with more than 175 million users, and sites in more than 100 countries worldwide. Testing for the new “Managed Delivery” was conducted in the US and UK and will be available in 2020.

“We’re offering our millions of sellers a value proposition no one else can,” said Chief Executive Officer Devin Wenig. “We’ll rapidly win market share overseeing delivery of our own orders.”

The new Managed Delivery, combined with eBay’s Global Shipping Program (GSP), will make an attractive solution for eCommerce companies looking to expand into a more global marketplace.

Read the full article on Bloomberg News here.