Marketplace Universe News 19.08.24 – MediaMarktSaturn doubles marketplaces turnover/ Otto starts graduated commissions / Kaufland launches in Poland
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 has again tweaked its commission model. From October 1st, graduated commissions will be introduced, with higher commissions on less valuable goods. Commission will also be charged on shipping costs. Onlinehaendler-News Alibaba grows internationally by 38 percent: The chinese e-commerce company continues its international expansion this year. Exciting Commerce Kaufland launches marketplace in Poland: The first marketplace retailers have now gone live on Kaufland’s new Polish platform. Channel-X Zalando with 3.4 percent sales growth: Europe’s largest fashion retailer increased its turnover to 2.6 billion euros in the second quarter. Handelsblatt News to consider Thailand is gearing up against Temu: The Chinese app has launched in Thailand a year ago; now, local entrepreneurs, consumers, and the government are looking for ways to regulate or ban the new player. Three government agencies are now working on developing strategies against Temu. National Thailand Don’t want to miss any news? Subscribe to our weekly newsletter!