Online shopping habits are changing, with more consumers starting their product searches on marketplaces rather than search engines or brand websites. According to recent data, at least 47 percent of shoppers globally begin their buying journey on platforms like Amazon, eBay, or Temu. In the United Kingdom, this number is even higher, reaching 54 percent. […]
German Ecommerce Returns to Growth in 2024
After two consecutive years of decline, German ecommerce is back on track, with online product spending reaching €80.6 billion in 2024. This marks a modest increase of 1.1 percent compared to the previous year, signaling a potential turnaround for the sector. Expectations for stronger growth in 2025 are already taking shape. The data comes from […]
WeChat Strengthens E-commerce Presence with Gift-Giving Feature
China’s multi-functional app WeChat continues to expand its e-commerce capabilities, introducing a gift-giving feature that is proving to be a game-changer. According to local reports, this feature accounted for more than 80 percent of recent sales for East Buy, a prominent live-streaming e-commerce company operating on the platform. WeChat, already known for its vast ecosystem […]
OnBuy Achieves 30% Daily Growth in Key European Markets
British cashback marketplace OnBuy is making significant strides in its European expansion, reporting an impressive 30 percent day-on-day sales growth in key markets. This marks a pivotal moment for the company, which has long been one of the fastest-growing e-commerce businesses in the United Kingdom. Quiet But Impactful Expansion Founded in 2016, OnBuy initially focused […]
DMSMatrix Reports: Temu Aims for 80% of European Sales via Local Warehouses
Chinese online marketplace Temu is making significant strides in its European operations by utilizing local warehouses. The company has announced that it plans to process 80 percent of European orders through these facilities, drastically reducing delivery times and enhancing the customer experience. Local Warehouses Revolutionize Logistics Temu entered the European market in 2023, initially requiring […]
China’s Logistics Sector Records Busiest Year in 2024
China’s logistics industry achieved unprecedented delivery volumes in 2024, marking its busiest year to date. According to the State Post Bureau, the sector saw record-breaking activity, driven by surging demand for e-commerce and consumer goods. As China emphasizes consumption as a critical pillar of its economic strategy, logistics providers are gearing up for another robust […]
Chinese TikTok Sellers Prepare for US Ban
Chinese cross-border merchants are preparing for the potential fallout of a TikTok ban in the United States. This looming possibility has prompted many sellers on TikTok Shop to explore alternative platforms such as Amazon and Shein to secure their business interests. Preparing for Uncertainty The prospect of a TikTok ban in one of its largest […]
Whatnot Plans Further European Expansion
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 Shortens Return Window and Revises Loyalty Program
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 Sees 18% Sales Increase with European Expansion Plans
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, […]