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Whatnot, a livestream shopping platform competing with TikTok Shop, is setting its sights on further growth in Europe. The U.S.-based company announced its expansion plans following a successful funding round that raised 257.2 million euros (265 million dollars), bringing its valuation to nearly 4.8 billion euros (5 billion dollars). Livestream Shopping Gains Traction Founded in […]

Zalando, one of Europe’s leading online fashion platforms, is implementing significant changes to its customer policies in Germany, the Netherlands, and Italy. Starting January 7th, the company will reduce its return window from 100 days to 30 days. Additionally, changes to its loyalty program, Zalando Plus, are expected in these three countries. A Shift in […]

Galaxus, Switzerland’s largest e-commerce platform, reported an impressive 18% increase in sales over the past year, bringing its total revenue to €3.4 billion. The company’s growth is attributed to an expanded product range and strong performance outside of Switzerland, with further European expansion on the horizon. Platform Growth and Product Expansion In its latest report, […]

Walmart has announced a partnership with Chinese tech company Meituan, promising 30-minute delivery services “anytime, anywhere.” This move underscores Walmart’s commitment to enhancing its online-to-offline (O2O) strategy and delivering faster, more efficient services to its customers in China. Expanding Walmart’s Reach Meituan, a leading Chinese on-demand service platform, specializes in food delivery, logistics, and retail […]

Alibaba has sold its entire stake in Sun Art Retail Group, a leading hypermarket operator, to Chinese private-equity firm DCP Capital for $1.7 billion. This strategic move marks a significant shift in Alibaba’s priorities as it doubles down on its core e-commerce business amid changing market dynamics. A Shift in Strategy Alibaba acquired a controlling […]

Amazon has intensified its competition with Temu by urging Chinese sellers not to list products at lower prices on the rival platform. This move reflects the growing rivalry between the two e-commerce giants as they vie for dominance in global online marketplaces. Pricing Under Scrutiny According to reports from merchants, Amazon’s local office in China […]

Electronics retail giant MediaMarkt is set to extend its online marketplace operations to Belgium, Poland, and Turkey. This move follows a strong performance in the past fiscal year, where the company’s marketplace revenue doubled, signaling robust growth in its digital commerce operations. Expanding Reach and Product Range The planned expansion will introduce MediaMarkt’s marketplace to […]

A new European regulation, the General Product Safety Regulation (GPSR), is imposing strict requirements on products sold within the EU market. This has led many online stores and marketplace sellers in the United Kingdom to halt sales to EU customers, citing challenges in meeting the new rules. The issue, initially highlighted by journalist Chris Dawson […]

French marketplace solution provider Mirakl has announced its acquisition of Adspert, a data-driven advertising optimization tool. The acquisition will allow Mirakl to strengthen its retail media offerings by integrating AI-driven advertising optimization software into its existing platform. A Strategic Move to Enhance Retail Media Mirakl, a leading SaaS marketplace provider, supports businesses in building and […]

Zalando, the prominent European fashion and lifestyle platform, is poised to acquire About You in a move that aims to reshape the ecommerce landscape. This acquisition not only bolsters Zalando’s position in the consumer market but also introduces a significant opportunity in the B2B sector through Scayle, About You’s ecommerce software division. Expanding into the […]