PDD Holdings, parent company of Pinduoduo and Temu, missed market expectations in the second quarter: revenue rose 8% to $15.7bn but fell short of the analyst estimate of around $16.26bn. Net income fell 12% to around $3.80bn, weighed down by intensifying competition in China as well as US tariffs, the loss of duty-free treatment, and new EU small-parcel fees.
Amazon launched its bulk storage program Amazon Warehousing & Distribution (AWD) on August 20 in Germany, France, Italy, Spain and the UK. Sellers can now store larger inventories with Amazon long-term, which then get automatically distributed to FBA warehouses as needed.
The Otto Group has raised €325 million through so-called "Schuldschein" loan – more than triple the originally targeted volume of €100 million. It is already the group's third successful issuance since 2022.
Meta has launched a dedicated Seller App for Facebook Marketplace alongside Facebook Verified, a free trust badge for authentic profiles – a clear step toward professionalising a platform long seen as a place for informal, local sales. The app targets margin-conscious power sellers who form the core of eBay's business.
Temu is expanding its brand protection program, pledging to monitor more than 15,000 brands, tighten seller vetting, and proactively remove problematic listings. The move comes as the marketplace faces mounting regulatory pressure across Europe over counterfeits and product safety.
MediaMarktSaturn used this week's Strategy Day to set a marketplace target of €1.9bn GMV by 2029, up from roughly €800m today – but gave no overall e-commerce goal, with total group revenue barely moving from €23.1bn to €24bn. The vagueness comes as the JD.com takeover still awaits Brussels clearance.
French Parliament gave final approval to a law banning advertising- including via influencers - for Shein, Temu and AliExpress, alongside per-item fees rising to €20 by 2030. The European Commission has flagged concerns over whether the ad ban complies with EU digital services rules.
Breaking News Amazon Prime Day 2026: record total spend, but shoppers are buying cheaperPrime Day ran for four days (June 23–26) across 26 countries. Adobe projects total US online spend at a record $26.3bn (+9% YoY), with day one alone driving $8.3bn. But shoppers are spending less per trip: average household spend fell 17% to $105 in the first two...
Breaking News The Platform Group under pressure: banks cancel loans, stock loses more than half its valueSeveral banks — including LBBW and Sparkasse Essen — have called in loans from German e-commerce roll-up The Platform Group after journalists from “manager magazin” reported alleged fraud and document forgery. The stock has lost more than 55% in 30 days, and a planned...
Online spending in Central Europe is expected to grow by 8% this year, rising from €191.3 billion in 2025 to €206.6 billion in 2026. Germany remains by far the largest ecommerce market in the region, while Poland is expected to grow by around 9% and Greece by around 11%.
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