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Shopify Inc. has reported strong financial results for the fourth quarter of its fiscal year, which ended on December 31, 2024. Both revenue and gross merchandise value (GMV) grew by over 20% compared to the previous year, continuing a six-quarter streak of similar growth rates. Shopify, known for its ecommerce platform services, also marked the […]

Chinese ecommerce company JD.com is reportedly in discussions with Ceconomy, the parent company of MediaMarkt and Saturn, regarding a potential acquisition. This move comes as JD.com seeks to expand its presence in Europe amid slowing economic growth in China. Ceconomy, a major electronics retailer, reported a revenue of 22.4 billion euros in the last fiscal […]

Amazon UK has delivered more than one billion products to Prime members within a day over the past year. This milestone highlights the company’s continued investment in same-day delivery and an extensive network of pick-up locations. Record-Breaking Delivery Speeds In 2024, Amazon achieved its fastest-ever delivery speeds for Prime members in the UK. The company […]

The buzz is about Amazon’s Easy Ship arriving in Europe, starting with Poland and the Netherlands. It’s a new game in town for sellers, and DMSMatrix is on the front lines, helping businesses navigate this shift. This isn’t just another shipping option; it’s a potential shake-up in how sellers manage fulfillment, and DMSMatrix is ensuring […]

DMSMatrix is preparing its clients for the significant growth projected in the European e-commerce market over the next five years. Recent research from Forrester predicts a 45% surge in online sales across Europe, rising from €389 billion in 2024 to €565 billion by 2029. This anticipated growth presents both opportunities and challenges for businesses engaged […]

TikTok Shop is set to expand its e-commerce operations in Europe by launching its fulfillment service, Fulfilled by TikTok (FBT), in Germany. The move, indicated by recent job postings, suggests that TikTok plans to open warehouses in Germany to support its growing network of sellers. TikTok’s E-Commerce Expansion TikTok Shop was first introduced in parts […]

Alibaba Group has agreed to sell its entire stake in Sun Art Retail Group, China’s largest hypermarket operator, for HK$13.1 billion (US$1.7 billion). The buyer is Chinese private-equity firm DCP Capital. The sale marks a shift in Alibaba’s strategy as the company moves away from brick-and-mortar retail to focus more on its core e-commerce business. […]

German online marketplace Kaufland is shutting down its fulfillment service, Fulfillment by Kaufland (FBK), just over a year after its launch. The service, introduced on February 12, 2023, will remain operational until February 28, 2025. After this date, products stored within the FBK network will be returned to sellers free of charge. FBK Closure and […]

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. […]

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 […]