Breaking News
Wayfair is pulling out of the German market. The German online shop has already closed, and Wayfair marketplace sales partners can no longer reach their contacts. The Berlin office is also being closed, costing all employees there their jobs – unless they move to London or Boston, which Wayfair is offering about half of the workforce. LinkedIn
More News
First sales figures for TikTok Shop: According to estimates, TikTok Shop in the US is said to have reached a trading volume of 9 billion US-Dollar in its first full year. In the UK, it is now estimated at 1.5 billion US-Dollar, up from 900 million US-Dollar in 2023. The global trading volume in 2024 was therefore 32.6 billion US-Dollar. Exciting Commerce
Decathlon has relaunched its e-commerce platform in Germany and wants to score points there with expanded services, including a universal shopping cart with just one payment process across all offers, as well as a rental service and repair instructions. Stores-Shops
Zalando has massively shortened its returns deadline in Germany: As implemented in France and Switzerland before, German customers now need to return their goods within 30 days – before the deadline was 100 days. LinkedIn
According to new figures from Shop Apotheke (12.5 million) and About You (12.8 million), both have a similar number of customers, but the drugstore Shop Apotheke is valued at twice the amount of About You. This means that Shop Apotheke could also take over its struggling competitor DocMorris – if the drugstore chain dm does not snap it up first. Exciting Commerce (Shop Apotheke) Exciting Commerce (DocMorris)
Meta is testing the integration of eBay listings into its Facebook Marketplace – ostensibly to increase reach for sellers and offer users more choice. In reality, however, it is probably an attempt to circumvent EU requirements. Winfuture LinkedIn
Hot shit cee News
More than one eighth of Czechia’s e-commerce turnover – or 1,2 billion euro – went to international marketplaces in 2024, Czech e-commerce expert Jitka Dvorakova estimated. The strongest international players for Czech customers are Amazon, Temu, Shein, Allegro and Kaufland. Thanks to David Cikanek for making us aware of these interesting numbers! LinkedIn
Don’t want to miss any news? Subscribe to our weekly newsletter!