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October 2024

Amazon's new return policy for the UK + Tips to deal with return changes in 2024
Amazon has updated its return policies for the United Kingdom, starting November 11th. International sellers will be required to provide a domestic return address or issue a return label; otherwise,...
October 31, 2024
LinkedIn gets fined €310 million for breaching the EU - GDPR
The Irish Data Protection Authority (DPC) has fined LinkedIn €310 million after concluding that the social network's processing of personal data by its users does not comply with the European...
October 28, 2024
Vinted valued at €5 billion after a successful European expansion
Vinted has closed a new financing round that boosts its valuation. The second-hand marketplace has closed the secondary share sale for €340 million at a valuation of €5 billion. In...
October 25, 2024
With Lockers and PUDOs: Eastern Europe Becomes Expansion Target No. 1
By Packeta—Out-of-home deliveries (OOH) are on the rise across Europe. Since 2021, the number of parcel lockers in the European market has increased by more than half, and the number...
October 24, 2024
China's e-commerce could reach $4.77 trillion by 2032 + Timeline of China’s E-Growth
China's e-commerce market has seen tremendous growth from 2020 to 2024, solidifying its position as the largest in the world. In 2023, the market was valued at approximately $2.22 trillion;...
October 23, 2024
Alibaba Group wants to prevent price wars during the Singles' Days Event
Alibaba Group has changed its approach to this year's Singles' Day sales event, focusing on protecting merchants from excessive price wars. The move comes after Beijing warned to prevent unsustainable...
October 21, 2024
Nvidia launched Nemotron, a ‘ChatGPT killer’ + e-commerce impact
Nvidia has launched a customized and optimized version of Llama 3.1 baptized 'Nemotron'. This 70-billion-parameter model has shaken the field of AI, having beaten the language models GPT-4 and Claude...
October 19, 2024
PragmaGO enters the Romanian market by acquiring 89% of Romanian Telecredit
PragmaGO, one of Europe's leading non-bank providers of SME finance in CEE, known for its innovative technological solutions developed by an internal software house (PragmaGO.tech), has started its international expansion...
October 18, 2024
PayPal officially launched PayPal Ads
PayPal has officially launched its advertising division, PayPal Ads, offering advertisers access to transactional data from its more than 400 million users. This new advertising offering will initially be available...
October 15, 2024
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