A landmark deal has been struck in the UK postal landscape, with Royal Mail owner International Distribution Services (IDS) accepting a £3.57 billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group. This news has sparked significant interest and raises questions about the future of the iconic postal service. The Offer and Commitments EP Group’s […]
DMSExpress Now Listed on Track718 for Enhanced Shipment Tracking
DMSExpress, a trusted provider of global logistics solutions, is excited to announce its official listing as a carrier on Track718. This integration empowers users to effortlessly track their DMSExpress shipments directly within the Track718 platform. Streamlined Tracking for DMSExpress Customers DMSExpress customers can now leverage Track718’s comprehensive tracking capabilities to gain real-time insights into the […]
95% European Buyers Embrace Online Shopping,
A new report by AliExpress reveals a robust online shopping culture across Europe, with a staggering 95.8% of surveyed consumers having made online purchases in the first quarter of 2024. However, the data also highlights a potential spending disparity between some European nations. Europe Embraces E-commerce AliExpress’ Consumer Insight Report, based on a survey of […]
Asian Marketplaces Rise in Germany, Temu Sees Explosive Growth
A recent study by ECC KÖLN, a subsidiary of the prestigious Institut für Handelsforschung (IFH KÖLN), reveals a surging trend in German consumers embracing Asian online marketplaces. The report, “Trend Check Handel,” highlights a significant rise in both brand awareness and usage of these platforms. Surge in Awareness and Adoption The study indicates a remarkable […]
Amazon Gears Up for Sustainable Deliveries with UK Micromobility Hub Network
Amazon is making significant strides towards eco-friendly deliveries in the UK with the expansion of its micromobility hub network. These strategically located urban centers are transforming the last-mile delivery landscape, prioritizing sustainability and reducing environmental impact. Micromobility Hubs: A Greener Approach Micromobility hubs act as sorting centers within major cities. Packages are transported from Amazon’s […]
TikTok Shop Prepares European Invasion This Summer
Get ready for a summer shopping bonanza fueled by short-form video – TikTok is poised to launch its hugely popular e-commerce platform, TikTok Shop, across continental Europe. According to sources close to the company, beta testing has begun in Germany, France, Italy, and Spain, paving the way for a wider rollout across the region in […]
Austrian Marketplace Shöpping Sets Sights on German Expansion
Austrian online marketplace Shöpping is gearing up for its first international foray, targeting the vast German market later this year. This strategic move promises to benefit both Austrian sellers and German consumers, unlocking new opportunities for growth and diverse product selection. From Startup to Powerhouse: Shöpping’s Remarkable Rise Founded in 2017 by Österreichische Post AG, […]
Zalando Prioritizes Profitability Despite Revenue Dip
Online fashion giant Zalando reported mixed results for the first quarter of 2024. While revenue dipped slightly to €2.2 billion compared to €2.3 billion in Q1 2023, the company witnessed a significant improvement in profitability. Shifting Focus, Improved Margins This trend aligns with Zalando’s strategic shift announced in 2023. The company is prioritizing profitability and […]
European Cross-Border Ecommerce Surges 32% in 2023
European cross-border ecommerce continues to experience explosive growth, according to the 6th edition of the ‘TOP 500 B2C Cross-Border Retail Europe’ report by Cross-Border Commerce Europe. The report, which excludes travel purchases, reveals that the online European cross-border market reached a staggering €237 billion in 2023, a significant 32% increase compared to the previous year. […]
Over Half of German Online Sales Now Occur on Marketplaces
A new report by Handelsverband Deutschland (HDE), the German Retail Association, reveals a significant shift in consumer behavior. According to the Online Monitor 2024, online marketplaces now account for over 50% of all online sales in Germany, marking a record high. This trend coincides with the increasing popularity of mobile shopping, with 55% of online […]