The German Trade Association HDE has raised its annual forecast: online retail growth is expected to be around 4% in 2025, with total sales climbing to €92.4 billion. Looking closer into the numbers, it is clear that "market growth" is actually "marketplace growth" in Germany: All marketplaces active in Germany realised a turnover growth of 8.8 per cent, with the lion share going...
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Amazon is offering rock-bottom prices and launching its first "Everyday Essentials Week" from May 21 to 27, with discounts of up to 35% on everyday items. AboutAmazon
Marketplace Universe News 12.05.2025 - rump forces players to Europe / Amazon Hauls starts in UK / Good figures for Zalando and About You
In the US, this accusation led to the imminent demise of TikTok: The EU has fined TikTok €530 million for transferring user data to China. TikTok now has six months to bring its app into compliance with EU regulations. Fortune
Marketplace Universe News 28.04.2025 - DHL is suspending US deliveries / Technical Issues on Otto marketplace / Amazon starts Beauty Category
Shein and Temu have announced price increases in the US in response to high tariffs on imports from China and the expiry of the de minimis rule on April 25. Until 2024, around 1.4 billion packages from China had entered the US duty-free under this rule. BBC (Overview) LinkedIn (de minimis rule)
The German Retail Association HDE has filed a complaint with the Federal Cartel Office against Temu for anti-competitive behavior. The accusation: Temu deprives retailers who sell on Temu of the sovereignty to set prices.
The situation regarding TikTok in the US remains unclear: Trump has extended the deadline for a sale, which would have expired at the weekend, by another 75 days. This gives prospective buyers time to get into position. The list of potential buyers is getting longer and longer. Amazon, Microsoft, Perplexity AI, Oracle founder Larry Ellison, Reddit founder Alexis Ohanian, Mr. Beast, OnlyFan founder Tim Stokely, and billionaires like Elon Musk and Frank...
After much back and forth, TikTok Shop is launching today in Germany, France and Italy. In Germany, About You, Beiersdorff and Cosnova, among others, are taking part. TikTok Shop has been available in the UK since 2021 and in the US since the end of 2023.
Shein has massively expanded its product range. In addition to fashion, shoes, accessories and beauty items, the platform now also offers jewelry, electronics, sports and outdoor, home & living, DIY, pet supplies, office supplies and even car accessories. The assortment in these new verticals seems to be sold almost exclusively by marketplace partners.