Marketplace Universe News 09.12.2024 – Black week broke records / TikTok ban a step closer / EU plan against Shein and Temu
Black Week 2024 broke records across all platforms, with the fashion and beauty sectors being the top performers. 60% of purchases occurred on marketplaces, with Amazon leading at 85% of users. TikTok Shop generated $100 million in sales in the US and a 179% jump in sales in the UK, while OTTO had its best Black Friday yet.