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The number of sellers on TikTok Shop in the United Kingdom has doubled within a year. According to the platform, there are currently over 200,000 businesses active on TikTok Shop, “as brands take advantage of the revenue potential of live shopping and shoppable videos”.TikTok, the international subsidiary of the Chinese…

Of the thousand largest online sellers in Europe, 49 percent have their headquarters on the continent. A majority are based elsewhere, primarily in the United States or China. The share of online traffic for these non-European companies is even higher.This is reported by Internet Retailing, based on data from RetailX.…

At least 83 percent of Nordic consumers shop online monthly, according to a new report. Cross-border shopping is becoming more common in these countries. In the last twelve months, 76 percent of consumers in the Nordics purchased products abroad. These data come from PostNord’s E-commerce in the Nordics Autumn report.…

Customers in Poland expect real pro-ecological actions and social commitment from online stores, according to the Chamber of Digital Economy in a new report. According to the government agency, Poland offers a lot of potential for foreign ecommerce companies but is an “extremely demanding” market.Polish consumers expect not only competitive…

Dutch payments fintech Mollie has announced that it is expanding to Italy. Businesses in the country can now use the payment platform for online transactions. The platform has also added Italian local payment methods. Mollie is a Dutch payment service provider that handles payment transactions for online stores, by offering…

Wero, the new payment service backed by major European banks, remains largely unknown and unloved in Germany. Despite an introductory campaign, seven out of eight Germans report being unaware of the payment method, and only 2 percent have tried Wero so far.This was reported by Der Spiegel, based on research…

The Netherlands has more than 100,000 online stores. This figure comes from the latest quarterly report from Statistics Netherlands. At least this number of companies have online sales as their main activity, but the number is increasing. The amount of online stores with a broad product range increased 14 percent…

A majority of 73 percent of online retailers and service providers in Italy are satisfied by services provided by technology partners and agencies. At least 71 percent are also satisfied by their payment systems. However, most of the companies are dissatisfied with innovative technologies, like AI. These data come from…

Click and collect is becoming a standard option for online shoppers. A majority (54 percent) of the top thousand European online retailers offer a pick-up option, enhancing their appeal to shoppers.This is reported by the British industry publication Internet Retailing, based on the RetailX Europe Top1000 360° report. This report…

Last year, fashion platform Shein generated 7.68 billion euros in sales in Europe. This was an increase of 68 percent, compared to a year earlier. Its profitability has also increased significantly. Fast fashion platform Shein is one of the Asian ecommerce platforms that has been growing rapidly in Europe. Earlier…

Swedish-Danish postal Group PostNord has brought together all of its different international operations as one business unit, under joint management. By doing this, the company wants to strengthen its market leadership. PostNord is a postal group, which offers many services. It is based in the Nordics, and is known for…

Latvian technology platforms Printful and Printify have announced a merger. The joined company will be able to offer better prices to customers, while also operating on a bigger scale. Both brands will continue operating under their own names. Printful is a Latvian company that was founded in 2013. It provides…

The rise of shopping platforms from China is making a strong impact in Switzerland. In a top 10 list of popular online shopping destinations, three names from China are included. While AliExpress was the only Chinese player in the Swiss top list three years ago, it has now been surpassed…

The European Commission is starting a formal investigation into Temu, to see if the platform does enough to combat the sale of illegal products, amongst other issues. It also has ongoing investigations into other platforms, like AliExpress. This summer, online marketplaces Temu and Shein were already requested by the European…

With Trade Assurance, Alibaba introduces what it calls a new standard for safe and transparent digital B2B trade in Europe. The service portfolio is initially available for businesses in France, Germany, Italy, and Spain.“Trade Assurance provides 360-degree protection by guaranteeing secure payments, real-time order tracking, and targeted dispute resolution”, Alibaba…

Next year, Asian online marketplaces Shein’s and Temu’s growth rates will drop significantly. This is predicted in a report published by Forrester. The expected decline is related to current complaints about the marketplaces. Forrester, a research firm based in the United States, often publishes reports about retail in Europe. Last…

This week, fulfillment company Monta has announced further international expansion. The company will open fulfillment centers in France, Italy and Poland. The new locations will be operational by this time next year. Monta was founded in the Netherlands in 1999. In addition to its fulfillment services, it also offers warehouse…

Amazon is introducing new return policies in the United Kingdom on November 11. International sellers will be required to provide a domestic return address or issue a return label; otherwise, the customer will receive a refund without needing to return the item.According to Amazon, these new rules are necessary to…

Ecommerce giant Amazon has announced that it is revising its policy on shipment tracking in January in Germany. The change will affect domestic and cross-border shipments. Merchants on the platform have voiced their concerns about rising costs. Online marketplace Amazon recently announced that it would implement a longer return period…

Parcel volumes in Austria are growing significantly. However, the majority of packages, around 80 percent of the total, come from abroad. Amazon accounts for a large share of this parcel surge, and the influence of Chinese platforms is increasing. Local online retailers are losing out.This is the conclusion of a…

Last year, B2C ecommerce in Europe generated a nominal turnover of 887 billion euros. This was a slight increase of 3 percent compared to a year earlier, when the turnover reached 864 billion euros. However, there are large regional differences. Ecommerce in Europe has been growing in the last couple…

OnBuy, a popular pure marketplace from the United Kingdom, has announced its international growth plans. By the end of this year, the rollout of ‘The Cashback Marketplace’ will begin across continental Europe, with the United States following next year.Since its launch in 2016, OnBuy has grown significantly in the United…

Ecommerce giant Amazon has announced that it is implementing a temporarily extended return period. The longer return period is coming into effect during the holiday season. According to the marketplace, it will help merchants increase their sales. After summer, most online businesses start preparing for the holiday season. Amazon, which…

eBay has introduced a new label in Germany, allowing commercial sellers to stand out on the platform. The eBay Top-Service designation provides shoppers with insights into certain aspects of the service, such as timely shipping. This label can be compared to Amazon’s Prime.A key difference between Amazon Prime and eBay’s…

In the financial year 2023/2024, the whole European online cross-border market achieved sales of 326 billion euros. A large majority, 69 percent, or 225 billion euros came from online marketplaces. These data come from the fifth edition of the “Top 100 Cross-Border Marketplaces Europe” report from Cross-Border Commerce Europe. The…

Spending at major British online retailers was 3.2 percent higher in September than in the same month last year. This marks the first growth since April 2021. After nearly 3.5 years, a turning point has been reached, just as in other European countries.British online spending saw significant growth in the…

In Germany, small and medium-sized online stores often run on Shopify’s ecommerce software. The company has a market share of almost 40 percent in the country. German software providers Shopware and JTL complete the top three. These data come from software provider Uptain’s study on the popularity of ecommerce software…

Unlike most European countries, local players generate the most online revenue in the Netherlands. The top 3 in online spending for 2023 is led by online department store bol. Supermarket chain Albert Heijn, a sister company of bol, takes second place, and electronics retailer Coolblue is in third. Amazon rises…

The rumors had been circulating for a while, but now it’s official: Mytheresa wants to acquire industry peer Yoox Net-a-Porter from Richemont. This will create a “leading, global, multi-brand digital luxury group”, according to the involved parties. As part of the deal, Richemont will acquire a 33 percent stake in…

The days of declining online sales in Germany appear to be over. Last year the net sales of the top thousand webshops fell by 0.2 percent, not adjusted for inflation, compared to a 2.8 percent decline in 2022. A nominal growth is expected for this year.This is reported by EHI…

More and more Germans are becoming familiar with live shopping. Six out of ten consumers know what the term means, which is twice as many as three years ago. However, live shopping is still used by only a small portion of German consumers.This is evident from a trend survey conducted…

Nine out of ten Dutch employers in ecommerce are missing digital skills among the people who work for them. Especially in the areas of cybersecurity and innovative technologies, the shortcomings are significant. Employers expect that in the coming years, it will remain difficult to keep up with the development pace…

This integration offers SAP Order Management Foundation customers the opportunity to further optimize multichannel operations across more than 950 sales channels worldwide. It also includes new AI-features. Support for OMSA is on the way. 950 Marketplaces ChannelEngine connects businesses to 950+ marketplaces, automating orders, inventory, and pricing. The new integration…

In the first half of 2024, Dutch consumers spent €17.5 billion on online retail, a 6% increase compared to the same period in 2023, although the number of products purchased declined. The growth mainly stems from services, such as health and damage insurance. These insights come from the latest Thuiswinkel…

With the opening of its website to third parties in 2020, Otto hoped to regain market share in the online retail market. In the initial years, the company enjoyed the benefits of the platform model, but now it has hit a snag. Fee increases, disputes with selling partners, and internal…

More than seven out of ten Belgian consumers never (or almost never) return items that they have ordered online. This is because they only order items that they want to keep. Belgians are ordering online more often, with 40 percent of all purchases happening online. Ecommerce in Belgium has grown…

This week, the list of the 30 fastest-growing Dutch cross-border sellers was announced at the CrossBorder Event in Utrecht. Jewelry brand Notbranded landed in first place, followed by Cloudpillo and Wristler. The CrossBorder Top-30 is an initiative of Dutch marketing firm Dexport. The list is published annually and shows which…

DHL eCommerce has formed a joint venture with the state postal company Poste Italiane. Together, they aim to build a network of ten thousand parcel lockers across Italy. The opening of the first parcel locker in Rome marks the start of Locker Italia, the name given to the joint venture.This…

Mytheresa, the luxury ecommerce platform rooted in Germany, saw its revenue increase by 9.8 percent in the past fiscal year. Sales especially surged in the second half of the fiscal year, and profitability also improved over the course of the year.Mytheresa’s revenue amounted to 840.9 million euros, compared to 766.0…

The European online fashion, beauty and luxury market generated a turnover of 213 billion euros in 2023. The cross-border share of that market was 38 percent, representing 82 billion euros. The market is expected to grow. These data come from the third edition of the Top 500 Fashion, Beauty and…

Ecommerce giant Amazon is launching a n exporting tool called Export Central. This allows sellers to reach more customers in Europe, even in countries without localized Amazon stores. Thanks to the tool, sellers do not have to duplicate their listing or register new accounts. The online marketplace announced today that…

Trendyol, a major ecommerce player from Turkey, is developing plans to build a regional logistics center near the Romanian capital, Bucharest. The company aims to serve all of southeastern Europe from the new logistics hub, which will employ 250 people when fully operational in 2025.Çağlayan Çetin, president of the Trendyol…

Online fashion platform Asos has announced that it is introducing a return fee in the United Kingdom. However, the fee only applies to customers who, according to the platform, have a high return rate. Several customers of the online only store have voiced their anger on social media. Asos is…

German Minister for Economic Affairs and Vice Chancellor Robert Habeck is working on an ecommerce action plan. With this plan, the government aims to create a level playing field between European online retailers and Asian platforms like Shein and Temu.A spokeswoman from Habeck’s ministry confirmed to the German business news…

Omni-channel retail brand Ochama has announced that it will expand its pickup point network into France. It is also introducing next-day home delivery all throughout the country, for more than 1,000 selected products. Ochama is a retail concept from the Chinese ecommerce giant JD.com. The company has been active in…

Kaufland has opened the virtual doors of its marketplace in Austria, the first country where the brand does not have physical stores. At the launch, Kaufland.at offers more than three million items from three thousand different sellers.These figures were announced by Kaufland Global Marketplace, the ‘all-in-one solution’ for international sales…

SellerX, a buyer of successful marketplace sellers, can no longer meet its financial obligations. The Berlin-based company, only four years old, will be auctioned in the German capital on September 17. This decision was made by financier BlackRock.SellerX is one of the most well-known marketplace aggregators, acquiring successful traders and…

The majority of Dutch online stores that sell products through dropshipping do not comply with legal regulations for online selling. Their websites lack contact details or information about returning orders, for example. Researchers from the Dutch Consumer’s Association investigated 100 online stores that sell products by dropshipping. This entails selling…

Last year, Amazon Germany was able to increase its net sales in retail media with 20 percent. The revenue of its advertising business came to 2.9 billion euros in 2023. This is almost 10 percent of the company’s total revenue in Germany. These data come from Amazon Germany’s financial statements…

Furniture retailer Ikea plans to launch a marketplace where customers can sell their pre-owned Ikea furniture to other consumers. By doing that, it wants to expand its online revenue. The company launched a pilot in Spain and Norway. The Swedish retailer is well-known for its furniture. Within several countries in…