JD.com snaps up Ceconomy What was announced last week is now official: JD.com has submitted a takeover bid of €2.2 billion for Ceconomy, the parent company of MediaMarktSaturn. The first major shareholders have already approved the deal. JD.com is thus securing access to Europe and, in return, plans to bring 1,000 brands to China.
JD.com Plans Takeover for MediaMarktSaturn Owner Ceconomy Chinese e-commerce giant JD.com is preparing a €2.3 billion takeover of Ceconomy, the parent company of MediaMarkt and Saturn. If successful, the deal would mark one of the largest Chinese acquisitions in Europe’s retail sector to date.
ChatGPT Secretly Tests Native Shopping Features OpenAI is quietly piloting a shopping feature inside ChatGPT that lets users search for products and complete purchases within the chat interface. The tool appears to integrate with Stripe for checkout and includes rich product listings - turning ChatGPT into a potential AI-powered marketplace.
Breaking News TikTok prepares standalone US app TikTok wants to circumvent the impending ban in the US by developing an app version specifically for the US with its own algorithm and based exclusively on US data. Malte Karstan sees this as a possible end to TikTok as we know it. Meanwhile, US President Trump wants to continue negotiations with China...
Zalando’s takeover of About You gets greenlight from EU It’s official: The EU Commission has approved Zalando’s acquisition of About You, roughly six months after the initial announcement. The deal is valued at €1.2 billion. Together, the two fashion platforms now serve around 65 million customers across Europe. With the merger, Zalando aims to better respond to pressure from Shein...
Amazon expands Pan-EU FBA to the Netherlands As of June 25, 2025, sellers enrolled in Amazon’s Pan-European Fulfilment by Amazon (Pan-EU FBA) must list their products on Amazon.nl to stay in the program. The Netherlands has become a mandatory market, prompting sellers to ensure VAT registration and local listings are in place.
Marketplace Universe News 23.06.2025 - About You opens marketplace for new partners Fashion platform About You has overhauled its onboarding process, aiming to make it easier for small brands, start-ups, and independent labels to join. The seller center has also been revamped as part of the update.
Refurbished boom: Back Market, Swappie & Co. hit new growth records Europe’s refurbished electronics market is surging – and 2024 was a banner year for the sector’s leading players. Back Market increased its GMV by 32% to €2.2 billion, consolidating its lead in the European market. Swappie, the Finnish specialist for refurbished iPhones, grew its revenue by 20% to €249 million. German competitor Asgoodasnew expects 12% growth to €152 million for...
In one of the largest catalog overhauls in marketplace history, Amazon has quietly removed around 24 billion product listings - nearly a third of all offers - as part of an internal project called “Bend the Curve.”
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.
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