Breaking News
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. Fortune
More News
Italian criminal authorities accuse Amazon of “complex tax fraud and the systematic exploitation of labor. The country has now imposed a provisional fine of 120 million euros on the company. Spiegel
The second Amazon Prime Day of the year could take place on October 8/9, according to Amazon expert Malte Karstan. Other voices also believe in October 15/16. LinkedIn
Fnac Darty wants to take over the Italian electronics wholesaler and (still) marketplace operator Unieuro. This could see the French marketplace conglomerate grow to a total turnover of 10 billion euros in one fell swoop. LinkedIn
Temu was launched in France in April 2023 and already reaches almost 12% of French online shoppers, spending 34 euros per order. Foxintelligence
Outraging News
The German e-commerce software provider JTL, which is also used by many marketplace merchants, is making major price increases. For some customers, prices are rising by 100 percent and more. LinkedIn
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