PDD Holdings, parent company of Pinduoduo and Temu, missed market expectations in the second quarter: revenue rose 8% to $15.7bn but fell short of the analyst estimate of around $16.26bn. Net income fell 12% to around $3.80bn, weighed down by intensifying competition in China as well as US tariffs, the loss of duty-free treatment, and new EU small-parcel fees.
The Otto Group has raised €325 million through so-called “Schuldschein” loan – more than triple the originally targeted volume of €100 million. It is already the group’s third successful issuance since 2022.
Meta has launched a dedicated Seller App for Facebook Marketplace alongside Facebook Verified, a free trust badge for authentic profiles – a clear step toward professionalising a platform long seen as a place for informal, local sales. The app targets margin-conscious power sellers who form the core of eBay’s business.
The key marketplaces for selling to SPAIN for 2026, mapped by category — and why Chinese platforms are setting the pace
French Parliament gave final approval to a law banning advertising- including via influencers – for Shein, Temu and AliExpress, alongside per-item fees rising to €20 by 2030. The European Commission has flagged concerns over whether the ad ban complies with EU digital services rules.
Europe’s loudest marketplace battleground: the updated Marketplace Country Quadrant France 2026, mapped by category and shift.
The EU has imposed its first major fine on Temu under the Digital Services Act. The platform is expected to pay €200 million because it allegedly failed to sufficiently control illegal products on its marketplace. The EU has imposed its first major fine on Temu under the Digital Services Act. The platform is expected to pay €200 million because it allegedly failed to sufficiently control illegal products on its marketplace.
After opening up to Dutch sellers, Otto is now preparing the next step in its European seller expansion. Selected sales partners from Poland are set to join the marketplace as part of a pilot programme starting in June.
A recent PostNord study maps where cross-border shoppers prefer to buy: Temu is gaining in three out of four countries, Amazon is losing ground everywhere, and brands approaching the Nordics with a one-size-fits-all strategy might struggle.
Amazon is launching Amazon Supply Chain Services, further expanding its role as an infrastructure provider. The offer for sellers includes freight, distribution, fulfilment and parcel delivery – also across channels outside the Amazon platform.
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