The Platform Group, the owner of specialized marketplaces across dozens of categories, is buying back up to 5 million euros of its own bonds. The move is notable, as several creditors are reportedly seeking repayment of tens of millions of euros from the company.
Continue readingCustomers of DHL Globalmail in the United Kingdom will soon no longer be able to send parcels to consumers in the European Union. The carrier is not yet operationally ready for the new customs rules that will take effect on July 1st.
Continue readingThe founder of French online marketplace PriceMinister, Pierre Kosciusko-Morizet, has announced that he is preparing a takeover bid for Rakuten France. This Japanese company acquired the French platform in 2010. This will mean a return to his former company, sixteen years after selling it.
Continue readingNowhere in Europe are ecommerce sales expected to grow faster through 2029 than in Turkey. Bulgaria ranks second, according to a new top 10 compiled by ECDB. “Eastern and Southeastern European countries are leading the growth race”, the ecommerce statistics company states.
Continue readingJoybuy, JD.com’s online department store, is becoming a marketplace. The platform will soon open its doors to selected third-party sellers from both Europe and China. Through a major promotional campaign, Joybuy hopes to boost its popularity among European shoppers this summer. “Why wait until November to shop smarter?”
Continue readingKaufland is expanding its marketplace once again. By the end of the summer, it is opening its doors in Spain and the Netherlands. As a result, the online marketplace will be active in nine countries. Online sellers can already sign up for the new markets.
Continue readingThe easyGroup, the company behind easyJet, has launched easyCourier. It is rebranding Cypriot local logistics company Svelta Courier. With the takeover, easyGroup has entered the last-mile delivery sector. It wants to expand its services across Europe.
Continue readingAgentic marketplace intelligence company Merchantee has raised 1.8 million euros in a funding round. With the capital injection, it wants to expand into Poland and Germany this year. It also has plans for further expansion in 2027.
Continue readingOnline spending in Central Europe is expected to grow by 8 percent this year, with a similar growth rate forecast for next year. The increase is mainly driven by existing online shoppers placing orders more frequently.
Continue readingLast year, Belgian consumers spent 18.3 billion euros online. Compared to a year earlier, this is an increase of 5.4 percent. More Belgians have started shopping online, as more than 9 out of 10 made online purchases. However, most of the online spending went to foreign platforms.
Continue reading
