OnBuy is expanding into 12 European countries, including Germany, France, Spain, and Italy. The platform is currently the fastest-growing in the UK, driven by its unique cashback system that generates a repeat purchase rate of over 50%.
At its Seller Conference Accelerate, Amazon introduced a new Agentic AI designed to independently develop and execute strategies. The enhanced Seller Assistant will automatically warn sellers about potential overstock fees, suggest price adjustments, optimize inventory levels.
Starting today, September 15, local retailers in Switzerland can sell their products via Temu.
Online fashion platform Shein is growing rapidly in the United Kingdom. Last year, its revenue there exceeded 2.3 billion euros. Compared to 2023, this was an increase of 32 percent.
Today in our Service Provoder Portait: Pixelmoda, the Milan-based global leader in AI-assisted content production for fashion e-commerce – delivering high-end imagery at a fraction of traditional costs.
Discover the 24 most important B2C marketplaces in Poland, and explore the country’s evolving e-commerce landscape! Featuring Allegro, Amazon, Vinted, empik, Modivo, morele and many others.
JD.com snaps up Ceconomy
What was announced last week is now official: JD.com has submitted a takeover bid of €2.2 billion for Ceconomy, the parent company of MediaMarktSaturn. The first major shareholders have already approved the deal. JD.com is thus securing access to Europe and, in return, plans to bring 1,000 brands to China.
The Marketplace Country Quadrant Spain shows a very dynamic marketplace landscape under serious attack by Chinese players Temu, Shein, AliExpress and Miravia.
JD.com snaps up Ceconomy
What was announced last week is now official: JD.com has submitted a takeover bid of €2.2 billion for Ceconomy, the parent company of MediaMarktSaturn. The first major shareholders have already approved the deal. JD.com is thus securing access to Europe and, in return, plans to bring 1,000 brands to China.
JD.com Plans Takeover for MediaMarktSaturn Owner Ceconomy
Chinese e-commerce giant JD.com is preparing a €2.3 billion takeover of Ceconomy, the parent company of MediaMarkt and Saturn. If successful, the deal would mark one of the largest Chinese acquisitions in Europe’s retail sector to date.
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