Marketplace Universe News 02.06.2025 – About You leaves TikTok Shop / Setback for Temu / Shein targeted by the EU

Breaking News

About You was one of the first brands to dive into TikTok Shop Germany, launching alongside early adopters like Hitschler and Deiters. But just four weeks in, the plug has been pulled – in cause of disappointing results. LinkedIn 

More News

Amazon‘s AI-powered shopping advisor Rufus could revolutionize the entire search landscape: ChannelX projections show that Rufus was responsible for almost 14% of queries in October 2024, and this figure is likely to be significantly higher now. ChannelX 

Due to the tariff dispute with the US, Temu’s parent company PDP suffered a 38% drop in profits in the first quarter. Pymnts

Temu offers German customers a 14-day right of return with free returns to a German return address. However, it remains unclear what happens to the returned goods, whether they are sent back to China or sold here as B-grade goods. t3n

The EU is taking action against Shein for false discounts and sustainability claims and is demanding that the company bring its business practices into line with the law. Otherwise, penalties will be imposed. The Verge

DIY retailer Kingfisher reported higher sales in the first quarter, boosted by better results in the UK and Ireland. Sales fell in France and Poland, however, but Kingfisher is sticking to its forecast for 2025. Finanznachrichten

Playful News

The gaming platform Roblox is expanding its e-commerce ambitions and has entered into a partnership with Shopify. New APIs will allow brands to sell their physical products directly in online games. Retail Drive

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