DMSMatrix Expands into Canada, Offering Comprehensive Merchant of Record (MOR) Services

DMSMatrix is excited to announce its expansion into Canada, bringing a comprehensive suite of eCommerce solutions, including our Merchant of Record (MOR) services. This strategic move aims to simplify international selling for Canadian businesses by managing the complexities of global transactions. Understanding Merchant of Record (MOR) Services As a Merchant of Record, DMSMatrix assumes the […]

Outfittery and Lookiero Merge to Strengthen European Presence in Online Personal Shopping

Online personal shopping platforms Outfittery and Lookiero announced today that they will merge operations to form the Lookiero Outfittery Group. The move aims to position the combined entity as a leading force in Europe’s assisted online shopping market. Both brands will retain their names, headquarters, and teams but will operate on a shared technological platform […]

Zalando Reports Strong Growth, Plans Expansion Into Three New Markets

European online fashion retailer Zalando has announced a significant rebound in its financial performance, marked by increased revenue, profits, and customer numbers. The company also revealed plans to expand its operations into Portugal, Greece, and Bulgaria later this year, aiming to strengthen its presence in Southern and Eastern Europe. In its latest financial report, Zalando […]

eBay Sees Mixed Results in Europe: UK Revenue Declines While Germany Stabilizes

eBay’s latest financial report, submitted to the U.S. Securities and Exchange Commission (SEC), reveals a split in performance across its European markets. While revenue declined in the United Kingdom, the company managed to stabilize its business in Germany. Globally, eBay’s total revenue grew modestly, driven by stronger results in the U.S. and China. UK Revenue […]

Amazon Prepares to Launch Discount Storefront “Haul” in Europe to Compete with Temu and Shein

Amazon is gearing up to expand its budget-friendly shopping section, Amazon Haul, into Europe later this year, according to industry sources. The move signals the ecommerce giant’s strategy to counter the rapid growth of low-cost platforms like Temu and Shein, which have been gaining traction among European shoppers. Launched in November 2023 in the U.S., […]

TikTok Shop Expands into Germany, France, and Italy, Opening New Avenues for European Commerce

DMSMatrix Reports – TikTok has significantly broadened its reach in the European e-commerce landscape by opening its TikTok Shop platform to merchants in Germany, France, and Italy. This move allows businesses in these major markets to register and begin selling directly to users through the popular social media application. The expansion marks a substantial step […]

Dayuan Expanding as a Versatile Retail Marketplace in Europe

Dayuan, accessible via dayuan.co.uk, is increasingly establishing itself as a diverse retail marketplace within the European market, according to observations by DMSMatrix. This growth reflects a trend towards consolidated retail sourcing for a wide array of products. Dayuan’s approach is characterized by its broad range of offerings, positioning it as a comprehensive retail hub. This […]

TikTok Expands E-Commerce Footprint into New Global Markets

Despite ongoing uncertainties surrounding its operations in the United States, TikTok is aggressively pushing forward with the expansion of its e-commerce platform, TikTok Shop, into several key international markets. Sources indicate that the popular short-video platform plans to launch its in-app shopping feature in Italy, Germany, France, Japan, and Brazil throughout the year. This strategic […]

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