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Breaking News 12 months after its start in the U.S. market, TikTok Shop hat reached an estimated 9-month-GMV of about 4.5 billion USD. This is significantly lower than its original plan to reach 17.5. billion USD in its first full year. According to a research by Marketplace Pulse, this is mostly due to the fact that now major brands are using the…
Products of Western sports and fashion brands such as Adidas, Puma, Ray Ban, Nike or Guess have appeared on the marketplace of Shein. Some of the affected brands have already announced legal steps.
Otto has lost over 1.100 seller partners on its marketplace since April 2024, the German business newspaper "Handelsblatt" reports. Nearly 700 sellers were fired from the marketplace by Otto, round about 500 sellers have left the platform on their own account due to frustration over raised fees, technical problems and high return rates.
Amazon eases the export to countries without a specific Amazon Store with the new Export Central, which is part of Amazon's EU Export programm. With it, sellers can enable international shipping settings to 39 European countries with just a few clicks.
Last year, Amazon Germany's retail media sales shot through the roof again. In 2023, the company generated sales of 2.9 billion euros - 20 percent more than in the previous year and already 10 percent of Amazon Germany's total sales.
Youtube and Shopify cooperate - against TikTok Shop: U.S. based Shopify Plus and Advanced merchants can now sign up for YouTube's affiliate programm directly on Shopify. Creators can then tag their products and link to their Shopify shop.
Breaking News MediaMarktSaturn doubles marketplace turnover: The marketplace of German electronics retailers MediaMarkt and Saturn is going strong. In the past financial year, sales already amounted to 137 million euros. In the current quarter, marketplace sales more than doubled. The marketplace is active in Germany, Austria, Spain, Italy and the Netherlands. eCommerce News.eu More News Otto starts graduated commissions: German marketplace player Otto…
ebay achieved a turnover of 2.57 billion US dollars in the second quarter, exceeding analysts' expectations. In particular, the sale of refurbished products as well as car parts and accessories ensured good business.
TikTok Shop launches in Spain and Ireland in October. This is the result of talks between Tiktok's parent company ByteDance and local retailers and creator agencies. Other European countries could follow next year.
Breaking News Amazon once again had a record Prime Day, at least in the USA: Prime Day sales there grew by 11 percent to 14.2 billion dollars. Retaildive.com More News MediaMarkt‘s marketplace is now also available in Italy. At launch, 100,000 third-party products are available. Particularly exciting: Local hero Unieuro announced a few days ago that the e-commerce channel was “not strategic for the…