Author: Editor

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 […]

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 […]

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, 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 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 […]