Alibaba’s logistics arm, Cainiao, is making a significant push into the European market with the launch of next-day delivery services. This expansion aligns with Alibaba’s broader strategy to strengthen its global presence, particularly as e-commerce growth slows within China. Building a European Network Cainiao has been actively investing in building its logistics infrastructure in Europe. […]
Douyin Challenges E-commerce Giants with Strong Growth
ByteDance’s popular short-video platform, Douyin, is making significant strides in the e-commerce market. The platform’s gross merchandise value (GMV) surged by 46% in the year ending July 2024, positioning it as a formidable competitor to established e-commerce giants like Alibaba, JD, and PDD. A Rising E-commerce Star Douyin’s rapid growth in the e-commerce space highlights […]
Kaufland Launches E-commerce Marketplace in Austria
Kaufland Global Marketplace, the online sales platform for the German hypermarket chain Kaufland, has announced the launch of its e-commerce marketplace in Austria. This marks a significant expansion for Kaufland, as it enters a new market without existing physical stores. Three Million Products, Three Thousand Sellers The Austrian marketplace, Kaufland.at, kicks off with a bustling […]
Germany Takes Aim at Unfair Trade Practices in E-commerce
The German government is stepping up efforts to address concerns surrounding unfair trade practices in the e-commerce sector, particularly targeting the growing influence of Chinese platforms like Shein and Temu. A Level Playing Field for European Retailers Minister for Economic Affairs and Vice Chancellor Robert Habeck is spearheading the development of an e-commerce action plan […]
FedEx Express Partners with Zonos to Streamline Cross-Border Shopping
FedEx Express, a global leader in express transportation, has joined forces with Zonos, a pioneer in cross-border technology, to revolutionize the online shopping experience. The partnership aims to address the challenges faced by consumers and retailers alike when it comes to international shipping. Tackling Transparency Gaps Cross-border e-commerce has witnessed a meteoric rise, driven by […]
Stripe Powers Chinese Businesses’ Global Expansion
Stripe, the leading global fintech platform, is witnessing robust growth in Asia, driven by the surge in cross-border e-commerce. The company’s payment processing services have become indispensable for Chinese businesses venturing into international markets. A Booming Cross-Border Landscape China’s cross-border e-commerce sector has experienced remarkable growth, reaching a total import and export volume of RMB […]
Amazon Germany’s Retail Media Business Booms, Driving Revenue Growth
Amazon Germany has continued its impressive growth trajectory, with its retail media business experiencing a remarkable 20% increase in net sales in 2023. This surge contributed significantly to the company’s overall revenue growth of 12% in Germany last year. Retail Media: A Growing Revenue Stream Retail media, which involves advertising space on online retailer platforms, […]
Alternative Payment Methods Fueling Global E-commerce Growth
A new study by Juniper Research forecasts a significant expansion in the global e-commerce market, driven not by specific product categories, but by the increasing adoption of alternative payment methods (APMs). APMs as a Catalyst for Growth The research predicts a 63% surge in the global e-commerce market by 2029, reaching a staggering $11.4 trillion. […]