The new EU customs duty on small parcels is taking effect: according to bevh, revenue of Shein, Temu and AliExpress in Germany plunged by 35.5% to €566 million in the third quarter.
In its first quarterly results as a listed company, Shein reports a 67 percent drop in profit to $228 million. In Europe, sales fell by 13.9 percent.
Amazon sellers will soon be able to connect their eBay, Shopify, TikTok and Walmart accounts to Seller Central. They can manage listings, orders and per-item profitability across channels in one place.
From November 1, a new EU-wide processing fee will apply to small parcels from non-EU countries. The European Parliament has given final approval to the sweeping reform of EU customs law, after the Council had already agreed in early September.
While Chinese platforms like Temu and Shein gain market share in Europe, Amazon continues to invest in its European infrastructure at record levels – more than €60 billion in 2025 alone, plus already committed pledges of roughly €68 to 70 billion for the coming years.
The European Commission is preparing new legislation to close compliance gaps for imports via e-commerce platforms, according to media reports. It includes liability for marketplaces, a new market surveillance fee and centralised enforcement.
A week after its shaky Hong Kong debut, Shein’s stock is still trading around 17.5% below its offer price – at a valuation of $26.5 billion, barely a quarter of its 2022 peak.
The Marketplace Country Quadrant Italy 2026 shows a lack of local players. Amazon is the dominant force, the Chinese players Shein and Temu are catching up.
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.
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