The Platform Group (TPG) has published a vision document towards 2030. The German company, which operates a variety of marketplaces on its own software, plans to expand into more product categories and attract tens of thousands of additional sales partners. Its profitability must increase.
Continue readingPolish marketplace Allegro has announced a partnership with PKO Bank Polski. Together, they are launching two services: financing for businesses, and a payment method with cashback. The services will be launched before the end of this year.
Continue readingAmazon has added a new shipping option for merchants in its five largest European markets. Sellers shipping from China can benefit from fast delivery at no additional cost, according to Amazon. The solution will later be available for domestic shipments as well.
Continue readingShein and Temu together sell around 3.3 billion euros worth of products in Germany, according to the German Retail Federation (HDE). One in five German consumers plans to make purchases from the Chinese platforms in the run-up to Christmas. “That is somewhat of a paradox”, says HDE director Stefan Genth.
Continue readingThis year, advertisers in Europe are expected to double their spending on retail media. This means that sellers are making drastic changes to their business model. Retailers are investing in becoming platforms with retail media, and in off-site advertising.
Continue readingIn the third quarter of this year, more than half (53 percent) of all online orders in Denmark were completed on mobile phones. This was a strong increase compared to the same period last year, when 45 percent of Danes said that they used their mobile phone for online shopping.
Continue readingAmazon may have to compensate German customers for the higher Prime subscription fees it unilaterally introduced three years ago. A regional consumer protection authority, which filed the lawsuit, wants Amazon to reverse the price increase and refund the difference to its customers.
Continue readingInPost is increasing its logistics capacity to handle up to 500,000 daily shipments during the high season. This represents a 220 percent rise compared to last year, as the company gets ready for increasing ecommerce demand across the Iberian Peninsula.
Continue readingEarlier this year, the amount of online stores in the Netherlands decreased for the first time since 2013. Growth now seems to be back on track, according to new figures from Statistics Netherlands (CBS). Nearly three thousand companies were added in six months. Online selling is more popular than ever, especially among self-employed professionals.
Continue readingCainiao, the logistics subsidiary of Alibaba Group, will not move forward with its planned expansion at Liège Airport in Belgium. Two new warehouses that were on the drawing board will not be built, dealing a blow to Wallonia’s ambition to turn Liège into an ecommerce logistics hotspot.
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