marketplace

important marketplaces in CEE markets

Online marketplaces for Central Eastern Europe

What does the marketplace landscape look like in Central and Eastern Europe? Allegro, Heureka, eMAG and Skroutz are strong generalists in the CEE markets. In addition, there are other important players in each country.

Cross-Border is growing on marketplaces

Cross Border grows on marketplaces

Why Internationalization Has Been the Key Growth Factor in 2024 One of Marketplace Universe’s key predictions for marketplace business development in 2023 and 2024 was clear: internationalization would drive growth, even in a challenging economic environment. Now, as we review the first set of available data, we can say confidently: our predictions were spot-on. While e-commerce markets across Western Europe have faced economic headwinds in 2023, European cross-border sales have continued their upward trajectory. This trend is highlighted by recent data from “Cross-Border E-Commerce“: In 2023/2024, European cross-border e-commerce generated €326 billion, reflecting a 22% year-on-year growth. The numbers show that cross-border commerce remains resilient, unaffected by both the pandemic-fueled boom and the subsequent economic slowdown that has dampened national e-commerce growth rates. Internationalization is here to stay. What’s Driving this growth? Marketplaces! Marketplaces are the primary engine behind cross-border growth. In 2023/2024, a remarkable 69% of all European cross-border sales took place on online marketplaces. According to CB Commerce, the majority of this revenue (over 60%) and the highest growth rates come from the top 10 platforms active in Europe: Amazon, eBay, AliExpress, Etsy, Temu, Vinted, OLX, Shein, Discogs, and Zalando. However, many mid-tier platforms are also capturing significant cross-border revenue, benefiting from this ongoing trend. In challenging economic times, cross-border business on online marketplaces has proven to be a strong growth area. But which industries are making the most of it? Cross-border e-commerce is particularly prominent in smaller European economies, where it makes up a larger percentage of online sales. Markets such as the Netherlands, Belgium, Denmark, Austria, Czechia, and Slovakia benefit more robustly from cross-border sales than larger economies like Germany or France, which are slower to capitalize on the trend. The UK, with its close ties to the U.S. market, has a comparatively weaker share of cross-border turnover within Europe, standing as an exception to the trend. A deeper Look: Cross-Border in Germany To illustrate this, let’s examine the German market, the largest in the EU. Historically, German e-commerce has been slower to embrace cross-border opportunities, but a shift has begun over the past five years. According to a recent ECDB study: Export net sales from German online stores grew by 41% between 2019 and 2023. However, these figures remain modest, indicating substantial growth potential. In 2023, cross-border sales represented only about 5% of Germany’s total e-commerce turnover. German e-commerce companies also have untapped potential on marketplaces. Their export gross merchandise volume (GMV) comprises just a quarter of Germany’s online cross-border turnover. This limited reach is due in part to a reliance on nearby markets—most German cross-border sales go to Austria and Switzerland. This narrow focus suggests an opportunity for German companies to expand into new, untapped regions and capture more cross-border growth. Conclusion: The Future of Cross-Border Growth Lies in Marketplaces As we move forward, it’s clear that internationalisation will continue to be a defining force in the European e-commerce landscape – and that cross border grows on marketplaces. Despite economic uncertainties and slower growth in traditional e-commerce sectors, internationalization offers a vital pathway for expansion, especially on online marketplaces. Companies that prioritize cross-border strategies and leverage marketplace platforms will be best positioned to thrive in this evolving landscape. By expanding beyond familiar markets and tapping into emerging opportunities across borders, businesses of all sizes can unlock new streams of revenue and strengthen their resilience in the face of economic challenges. For those ready to take the leap, the potential rewards are vast—and the time to act is now. Your starting point for your Cross Border marketplace journey: Our Marketplace Country Quadrants To help you identify the most interesting marketplaces for your internationalisation endevour, we have started comprising our “Marketplace country quadrants”. This carefully researched and regularly updated infographics inform about the most relevant marketplaces in a certain country market, sorted by industry. So far, we have published country quadrants for UK, Germany, France, Spain, Italy, the Netherlands, and Switzerland. Check out our country quadrants here.

Marketplace Universe News 28.10.2924 – Amazon’s Low-cost Store / Hepsiburada with new owner / Happy Size restarts in December  

Amazon has outlined the requirements for its upcoming ‘Low-Cost Store’ in the U.S. The store – Amazon’s answer to Temu – will sell unbranded low-priced items directly from warehouses in China. It is an invite-only marketplace without seller fulfillment. All products must be listed under the brand name ‘Generic’ and meet fixed maximum price points (e.g. necklaces below $10). Special needs products like Baby, Kids and Pets, are not allowed.

Marketplace Universe News 21.10.2924 – Amazon wants to build a supercenter / Backmarket business figures / New service at TikTok Shop

Breaking News Amazon is allegedly building a huge brick-and-mortar shopping mall that is supposed to open in the second half of 2025, US e-commerce analyse Brittain Ladd reported. According to his sources, Amazon has been toying with the idea for several years; now it’s finally coming to life – though he doesn’t seem to have information on the location of this new “supercenter” for Amazon. Brittain Ladd More News For their tenth anniversary, Backmarket presented some figures on their business: 15 million customers and 1.800 retailers are using the marketplace, generating nearly 30 million orders worth 2.157 billion euros in 2023. In Germany alone, Backmarket generated a GMV of 300-350 million euro last year, and is aiming for 400 million in 2024. Channelpartner Amazon will change its rules for FBA reimbursment in the European markets from January 15th 2025. Sellers will get an automatical reimbursement for lost items. At the same time the claims window for that will be reduced from 18 months down to 60 days. As the automatic reimbursment system is not foolproof, sellers will have to stay on their toes, ChannelX warns. ChannelX Tik Tok Shop is launching a new service which connects Content Creators who want to sell their own products with fitting manufacturers. The goal: more exclusive products for Tik Tok Shop. Business insider Zalando has launched “Cultural Ties”, a interactive map to streatwear scenes all over Europe. The data basis is Zalando’s very own “Trend Spotter” tool, which assembles the most relevant styles and products in several European fashion capitals. Zalando curious News Fox Intelligence has attempted to estimate the e-commerce market share of marketplaces in the biggest EU markets based on traffic figures. According to their study, marketplaces account for 45-46 percent of online sales in Austria and Italy, for 40-45 per cent in Spain, Germany and the UK, and for 30-32 per cent in the Netherlands and France. A note of caution: The Fox Intelligence estimates are considerably lower than those of several local statistic authorities. LinkedIn Don’t want to miss any news? Subscribe to our weekly newsletter!

Marketplace Universe News 07.10.2024 – TikTok Shop slow start in the US / Vinted Pro in UK / Allegro launch in Hungary

Breaking News 12 months after its start in the U.S. market, TikTok Shop hat reached an estimated 9-month-GMV of about 4.5 billion USD. This is significantly lower than its original plan to reach 17.5. billion USD in its first full year. According to a research by Marketplace Pulse, this is mostly due to the fact that now major brands are using the platform up to now. Marketpulse More News Second Hand goliath Vinted has opened Vinted Pro in the UK, now professional British businesses can register on the marketplace as sellers. Vinted Pro has already been launched below the radar in Germany and France earlier this year. ChannelX Bol.com is building up Retail Media: the Dutch marketplace has announced “Branded Shelves”, a new campaign format for brands focused on the consideration stage, Jochem Timmers from Channable reported from Bol’s “Let’s Peak” event. LinkedIn Allegro has launched a hungarian platform, Allegro.hu. The marketplace is also already open, but demands slightly different requirements for sellers than allegro.pl. Allegro Happy News ebay Germany has honored six of its best selling partners with the ebay Awards. The jury (which Ingrid is a proud part of) had its work cut out picking the winners from hundreds of high-class applications. Congratulations to all worthy winners! eBay Don’t want to miss any news? Subscribe to our weekly newsletter!

Western Brands on Shein

Western Brands Unknowingly Flood Shein: A New FrontieR in Unauthorized Sales by Ingrid Lommer Western luxury and sports brands are facing an unexpected dilemma as their products appear on Shein, the fast-fashion giant known for low prices and questionable sourcing. The likes of Adidas, Puma, Nike, Ray-Ban, and Calvin Klein are being sold on the Chinese platform—at deep discounts and with shoddy product listings—without the brands’ consent. With the platform expanding its reach across Europe, from Germany to the UK, the question of where these products come from and how they end up on Shein is becoming more pressing. A Surge of Branded Goods on Shein’s Marketplace In recent weeks, items from Adidas and Puma have been spotted on Shein’s European sites, selling at prices far below what shoppers would find on official brand stores or authorized retailers. The Adidas Samba sneaker, for instance, is available for as little as €62.29 on Shein Germany, while the same model retails for €120 on Adidas’s own site. And this is just the beginning. Puma, alarmed by these developments, has hinted at potential legal action, while Adidas has issued a public statement clarifying that it does not permit its products to be sold on Shein. Despite this, Shein’s marketplace continues to offer these brands, and it’s not just in Germany—Shein Switzerland, France, Spain, Italy, and the UK are all showing similar trends. Digging Deeper: Our Investigation into Shein Germany and Switzerland At Marketplace Universe, we took a closer look at Shein’s German and Swiss platforms to understand the scale and variety of the branded products being sold. The results were revealing—and troubling. In Germany, the listings are scattered and inconsistent. High-end brands like Swarovski appear, but with poorly rendered product images and incomplete descriptions, making it hard to determine authenticity or product quality. The Adidas Samba, for example, is misnamed as “Adidas Classic Boots,” a title that does nothing to assure buyers of its authenticity. Similarly, Ray-Ban sunglasses are sold by a third-party vendor with minimal transparency about who is behind the listing. In Switzerland, things get even more interesting. The Adidas section here is larger, featuring items like the Argentina national soccer jersey, though some items bear labels indicating Chinese origins, raising red flags about potential gray market involvement. Nike products, sold under the guise of third-party stores like “Sports Pavilion,” seem to follow a similar pattern, with customer reviews confirming that these items are likely sourced outside official European channels. Yet, none of these products reflect the latest seasonal offerings. Instead, they tend to be basic, evergreen models that never go out of stock, reinforcing the notion that Shein may be scooping up overstock or excess inventory. Shein’s Expanding Reach Across Europe Our research into Shein’s platforms in France and the UK revealed a large presence of Western-branded accessories. On Shein UK, we found 27 Michael Kors bags, all heavily discounted, with price reductions of up to 69%. This suggests a significant influx of luxury goods at prices far below their typical retail cost. Meanwhile, on Shein France, the accessory brand Coach was widely available, with several hundred Coach products listed, offering a broad selection of bags, wallets, and other items. Despite the sizable assortment of luxury accessories, the overall trend on Shein remains the same: poor product descriptions, vague or minimal details, and inconsistent presentation. Whether browsing high-end bags in the UK or Coach accessories in France, the listings often lack the quality you’d expect from these renowned brands, and many products seem to be part of discounted or fragmented collections rather than current-season stock. Where Is Shein Getting These Products? The big question remains: how did these branded goods find their way onto Shein in the first place? The brands themselves are certainly not selling directly to the platform, but that leaves several possible avenues for how these products are sourced. One likely explanation is overstock. Fashion is a highly seasonal business, and out-of-season products often end up being sold off to secondary markets in bulk. The items available on Shein tend to be classic, “never out of stock” pieces—think of the iconic Adidas Samba, not a limited-edition or seasonal design. These overproduced items are often sold at a steep discount to international buyers. Another possible source is the gray market. When products are sold in large quantities, especially through wholesalers, they sometimes “disappear” into unofficial distribution channels. In some cases, retailers or distributors sell excess inventory to foreign markets, where the products may eventually end up on Shein through resellers. There’s also the possibility of B-goods or outlet-grade products—those that don’t meet the brand’s standard for full-price sale but are still authentic. These are sometimes made in bulk specifically for outlets or discount retailers, offering an explanation for the lower prices and varying quality found on Shein. Lastly, Shein’s marketplace model, which allows third-party sellers to offer branded goods, may be the key. It’s possible that authorized distributors of Adidas, Puma, and other brands are reselling stock through Shein, or that Shein is sourcing from resellers in markets like Asia or Eastern Europe. What can Brands do? The question of how Shein is sourcing these products is likely to have many answers, each one reflecting the complexities of today’s global supply chain. Our research into Shein Germany and Switzerland suggests that Shein’s stock is a mix of overstock, gray market goods, and items likely bought from third-party distributors. The products on Shein are rarely current-season, and they’re often heavily discounted and fragmented, like something you’d find in an outlet store rather than a full retail collection. What’s particularly striking is how inconsistent the listings are across countries. Shein Switzerland, France and Spain, for example, features a much wider range of fashion, accessories and sportswear than Shein Germany, suggesting that some countries may be easier entry points for unauthorized goods. Meanwhile, Shein Germany is dominated by jewelry and beauty products, with less of a focus on fashion and sportswear. For brands, the first step in solving this problem

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