Breaking News
The situation regarding TikTok in the US remains unclear: Trump has extended the deadline for a sale, which would have expired at the weekend, by another 75 days. This gives prospective buyers time to get into position. The list of potential buyers is getting longer and longer. Amazon, Microsoft, Perplexity AI, Oracle founder Larry Ellison, Reddit founder Alexis Ohanian, Mr. Beast, OnlyFan founder Tim Stokely, and billionaires like Elon Musk and Frank McCourt are included. BBC
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With TikTok Shop, the company has also brought its logistics services to Europe: “Fulfilled by TikTok” for Germany and Spain and “Intra-EU Logistics” for cross-border shipping. The Zalando logistics service ZEOS and the logistics company Fiege are on board as major partners. LinkedIn (logistic services) Exciting Commerce (partners)
Decathlon generated 16.2 billion euros in revenue worldwide in 2024, an increase of 3.8% over 2023. The big winner is the marketplace. Its share is 20%, up from 11% in 2023 and just 7% in 2022. Ecommercenews
eBay is expanding the cooperation with Facebook Marketplaces that it launched in January and is automatically listing even more eBay offers on the marketplace. However, merchants can opt out of the cross-listing if they do not want their offers to appear on Facebook. Ecommercebytes
Amazon has introduced an AI-powered shopping feature in its Photos app. It is allowing users to find and purchase similar products on its retail platform by searching their photo library. Nairametrics
Surprising News
Amazon is launching a “Buy for Me” service that allows online shoppers to order goods from external providers in the Amazon app. This makes it clear why Amazon has been opening up to third-party shopping offers for some time. So far, the beta test is only available in the US for selected brand stores and Amazon customers. LinkedIn
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