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 […]
Mirakl Acquires Adspert to Boost Retail Media Capabilities
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 to Acquire About You, Eyeing Leadership in B2B Ecommerce
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 […]
DMSMatrix Announces Holiday Discounts on DMSMoveIt Services
This holiday season, DMSMatrix is offering special discounts on its comprehensive DMSMoveIt services, designed to streamline warehousing and cross-border shipping for businesses of all sizes. With a focus on efficiency and reliability, DMSMoveIt is an all-in-one solution for storage, packaging, customs clearance, and parcel forwarding. From Storage to Success with DMSMoveIt This comprehensive suite of […]
Germany Emerges as Key Market for Temu and Shein
Recent reports highlight Germany as the leading European market for Temu and Shein, two prominent online platforms with Chinese origins. These platforms are transforming the ecommerce landscape across Europe, capturing significant market share but also facing criticism from local competitors and regulators. Growing Influence of Temu and Shein Temu and Shein have quickly become household […]
TikTok Shop Launches in Spain, Marking Entry into Continental Europe
TikTok Shop, the ecommerce arm of the popular social media platform, has officially launched in Spain. According to market observers and sellers on the platform, Spanish users can now shop directly within the app, making Spain the first country in continental Europe to experience TikTok’s integrated shopping feature. A Milestone in TikTok’s European Expansion This […]
Shopify Introduces Multi-Currency Payouts for European Merchants
Shopify has rolled out multi-currency payout support for merchants in Europe, addressing a long-standing request from its users. This new feature simplifies financial management for online retailers, enabling them to receive payments in different currencies without the need for separate stores or additional ecommerce platforms. Available in Six European Countries The multi-currency payout feature is […]
DHL Reports 7% Growth in Return Values in the UK
DHL has revealed a notable 7% increase in return values in the United Kingdom during September and October this year. The average return value reached €127 (£106), suggesting that consumers are increasingly returning higher-value items. Higher-Value Items Driving the Trend According to DHL’s data, this rise in return values highlights a shift in consumer purchasing […]