Otto has lost over 1.100 seller partners on its marketplace since April 2024, the German business newspaper “Handelsblatt” reports. Nearly 700 sellers were fired from the marketplace by Otto, round about 500 sellers have left the platform on their own account due to frustration over raised fees, technical problems and high return rates.
Amazon eases the export to countries without a specific Amazon Store with the new Export Central, which is part of Amazon’s EU Export programm. With it, sellers can enable international shipping settings to 39 European countries with just a few clicks.
Last year, Amazon Germany’s retail media sales shot through the roof again. In 2023, the company generated sales of 2.9 billion euros – 20 percent more than in the previous year and already 10 percent of Amazon Germany’s total sales.
Christina Schröder left edding and Arvid Gustafsson Krumhorn left AbouYou. MediaMarktSaturn has a new CEO Marketplace. A lot has happened in the marketplace worls in August. Keep up with all Movers & Shakers here!
Youtube and Shopify cooperate – against TikTok Shop: U.S. based Shopify Plus and Advanced merchants can now sign up for YouTube’s affiliate programm directly on Shopify. Creators can then tag their products and link to their Shopify shop.
This has been a long time coming: In March, Temu first invited sellers to their US platform, moving slightly away from their factory-to-consumer model to tentativley open towards a more traditional marketplace model. From then on, US based sellers can list their products on Temu, sending orders from their own warehouses. Now, Temu has brought this new approach to Europe.
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!
ebay achieved a turnover of 2.57 billion US dollars in the second quarter, exceeding analysts’ expectations. In particular, the sale of refurbished products as well as car parts and accessories ensured good business.
Sebastian Klauke left Otto Group. Jonas Müller takes over as CEO at Avocadostore. Lisanne Dorn and Isabel Rocher leave Zalando. Nils Zundorf exits from DEPT agency. A lot has happened in the marketplace worls in June. Keep up with all Movers & Shakers here!
TikTok Shop launches in Spain and Ireland in October. This is the result of talks between Tiktok’s parent company ByteDance and local retailers and creator agencies. Other European countries could follow next year.
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