~ecommercenews_eu | Bookmarks (56)

Ecommerce giant Amazon has released a study indicating that joining the Climate Pledge Friendly program results in a 12.5 percent increase in sales for sellers on the marketplace. Especially products with low visibility profit from the program. Online marketplace Amazon has been making an effort to reduce its carbon footprint…

After two years of declining revenue, Zalando has regained its growth path. Revenue grew by an estimated 3.9 percent to 10.5 billion euros last year, setting a new record. The company has again revised its profit forecast upwards.Following years of strong growth, peaking at over 10.4 billion euros in 2021,…

Galaxus, Switzerland’s largest ecommerce company, saw its platform sales increase 18 percent last year, reaching 3.4 billion euros. Growth was particularly strong outside its home market, with further European expansion on the agenda.This was announced by Galaxus in a report on its performance over the past year. The company attributes…

Whatnot, a livestream shopping platform competing with TikTok Shop, is preparing for further European expansion. The U.S.-based company announced this move following a fresh capital injection. The video platform is also aiming to expand into new categories.Founded in 2019, Whatnot raised 257.2 million euros (265 million dollars) in a new…

Zalando customers in Germany, the Netherlands, and Italy will have less time to return orders starting tomorrow. The return window will be shortened from 100 days to 30 days. Changes to the loyalty program, Zalando Plus, are also imminent in these three countries.Zalando, which built its reputation on free shipping,…

MediaMarkt saw its marketplace revenue double in the past fiscal year. In the new year, the electronics retailer will open its virtual doors in Belgium, Poland, and Turkey. An additional expansion into new product categories is expected to attract new buyers and sellers.This is revealed in the annual report of…

A new European regulation imposes strict requirements on products sales in the EU market. Many online stores and marketplaces sellers in the United Kingdom lack sufficient arrangements and have opted to stop selling to customers in the EU altogether.This is reported by journalist Chris Dawson on ChannelX, an outlet affiliated…

If Zalando acquires About You, the company will not only strengthen its position in the consumer market but also become the new owner of Scayle, a provider of ecommerce software. This acquisition would create “the next B2B powerhouse for the ecommerce industry in Europe”. This statement was made by Zalando…

The Irish ecommerce landscape will change in the coming months. This month, TikTok Shop has opened for business in the country. And in 2025, the launch of Amazon Ireland will take place. Ecommerce giant Amazon has been active in Europe for decades now. It is a market leader in the…

Marketplace solution provider Mirakl has announced the acquisition of Adspert, a data-driven advertising optimization tool. Thanks to the acquisition, Mirakl can enhance its retail media solution and add AI-driven advertising optimization software to its platform. Mirakl is a French marketplace solution provider, which offers a SaaS solution for customers to…

Ecommerce giant Amazon has announced that it has finished a first test with delivery drones in Italy. The company wants to deliver items weighing up to approximately 2 kilograms to customers’ gardens with these drones. It is unclear when it will start using this service in the country. The online…

TikTok Shop has launched in Spain today, according to various market observers and sellers on the platform. This marks the first country in continental Europe where TikTok users can shop directly.The launch of TikTok Shop in continental Europe had been anticipated earlier but was reportedly delayed several times, partly due…

More than eight in ten Dutch people bought online in the first half of this year, a record. Especially for personal care products, medicines and vitamin pills, more consumers went online. Statistics Netherlands has released a report about the adoption of online shopping. According to them, online shopping is more…

With 16.3 million monthly users, Temu is more popular in Germany than anywhere else in the European Union. The more well-known Shein attracts more attention in France, Spain, and Italy, but generates the most revenue in Europe in Germany. This is according to several reports published recently. Temu and Shein,…

According to Eurostat figures, 58.1 percent of all consumers in the European Union made a recent online purchase last year. Ecommerce is most established in the Netherlands and least in Bulgaria. In many parts of Southeast Europe, adoption remains below 35 percent.Eurostat has literally mapped the share of the population…

Shopify now supports payouts in multiple currencies for European merchants. For many larger online retailers, this eliminates a key reason to operate multiple stores simultaneously or opt for alternative ecommerce software.Managing multi-currency payouts was reportedly high on the wishlist of Shopify merchants. This feature is now available for users of…

Ecommerce giant Amazon is currently having capacity problems in its logistics centers in Europe. It is now warning sellers that it cannot accept all shipments. This means that merchants might have issues getting their inventory to the marketplace in time for the holidays. Deliveries delayed The online marketplace announced its…

During September and October, average return values reached almost 127 euros (106 British pounds) in the United Kingdom. This was a 7 percent increase from the same period last year. It seems that consumers are returning more high-value products. These data come from research conducted by DHL eCommerce and ZigZag,…

The Platform Group collaborates with approximately thirteen thousand sales partners, the German company behind several vertical marketplaces reports. In the first nine months of this year, trading volume increased by 30 percent. Profits grew even more significantly.The Platform Group (TPG) achieved 608.4 million euros in gross merchandise volume (GMV) from…

AliExpress and Shein are among the ten largest online sellers in the Netherlands. And behind market leader bol comes, not Albert Heijn or Coolblue, but Amazon as the number two. That is according to a new ranking by German ECDB, a well-known publisher of ecommerce statistics. What is the ranking…

The number of sellers on TikTok Shop in the United Kingdom has doubled within a year. According to the platform, there are currently over 200,000 businesses active on TikTok Shop, “as brands take advantage of the revenue potential of live shopping and shoppable videos”.TikTok, the international subsidiary of the Chinese…

Of the thousand largest online sellers in Europe, 49 percent have their headquarters on the continent. A majority are based elsewhere, primarily in the United States or China. The share of online traffic for these non-European companies is even higher.This is reported by Internet Retailing, based on data from RetailX.…

At least 83 percent of Nordic consumers shop online monthly, according to a new report. Cross-border shopping is becoming more common in these countries. In the last twelve months, 76 percent of consumers in the Nordics purchased products abroad. These data come from PostNord’s E-commerce in the Nordics Autumn report.…

Customers in Poland expect real pro-ecological actions and social commitment from online stores, according to the Chamber of Digital Economy in a new report. According to the government agency, Poland offers a lot of potential for foreign ecommerce companies but is an “extremely demanding” market.Polish consumers expect not only competitive…