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.
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...
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.
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