Three German software companies have unveiled an end-to-end ecommerce solution, where all data and processes stay in Europe. Cloud provider STACKIT, platform provider Empiriecom and IT service provider Adesso have created an ecosystem that gives online sellers data sovereignty, in accordance with legal standards.
Continue readingThe number of low-cost ecommerce parcels that the European Union received from outside the Union rose sharply again last year, increasing by 26 percent. In total, 5.8 billion parcels with a value of up to 150 euros were imported. That amounts to roughly one parcel per EU citizen per month.
Continue readingEcommerce giant Temu has suspended cross-border sales of products in Türkiye. Consumers in the country can only see and buy products from local online sellers that offer domestic shipping. The change comes after a regulatory inspection from Türkiye’s Competition Authority, and it is unclear if it is a permanent change or not.
Continue readingOnline product spending in Germany grew by 3.2 percent last year, reaching 83.1 billion euros. This growth is significantly stronger than had been forecast a year earlier. Even stronger growth is expected for the current year. “Online retail is a rare bright spot in the German economy.”
Continue readingAsian companies selling on TikTok Shop in Europe can now outsource their logistics to the platform. Fulfilled by TikTok will be available to them through warehouse locations in Germany, France, Italy, and Spain. In addition to being a sales platform, TikTok is increasingly positioning itself as a logistics service provider.
Continue readingAmazon has taken an important step in the field of quick commerce in Europe. The company has launched Amazon Now in London. Users can order thousands of everyday essentials, including groceries and personal care items, which are delivered within 30 minutes in selected parts of the city.
Continue readingFinnish ecommerce platform Wolt has launched an update for its app. With the update, the company wants to take a step towards becoming a multi-category commerce platform. It gives retailers more opportunities to showcase their products to a wide audience.
Continue readingFashion brand Topshop has launched a dedicated European online store. The new website is active across 23 markets in Europe. The brand, which was formerly known as a high street brand, has undergone a digital transformation.
Continue readingThis week, eBay announced that it is launching eBay SpeedPAK in Germany. The service offers sellers a customs-cleared shipping, with import duties already paid. It makes international shipping easier for German sellers.
Continue readingIn a short period of time, Temu has become a dominant player in global ecommerce. Nearly a quarter of consumers (24 percent) made their most recent cross-border purchase on the Chinese platform. This puts Temu on par with Amazon.
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