News

Google faces the wrath of European media companies
More than 30 European media companies have filed a €2.1 billion damages claim against Google over its ad tech practices. This is Google latest European lawsuit, but it is not...
March 2, 2024
Pull&Bear is launching PBShuffle, a new video marketing strategy
Pull&Bear is launching PBShuffle, a new shopping experience focused on vertical video, and offering video purchasing. This platform will be available on Pull&Bear's iOS and Android app.  From now on,...
March 1, 2024
Temu to open its platform to third-party sellers in the United States
Chinese retail portal Temu is preparing to open its platform to third-party sellers in the U.S. This is an attempt to compete with local platforms but also, ultimately, to benefit...
February 29, 2024
Microsoft might be aiming to buy Mistral AI
Microsoft might be aiming to buy Mistral AI, the French OpenAI competitor. Following its investment of more than 13 billion dollars (about 11.975 million euros) in OpenAI, the creator of...
February 29, 2024
France ponders new anti ‘fast-fashion’ laws
Shein, AliExpress, and Temu, as well as all other ‘fast fashion’ brands, are in the crosshairs of the French National Assembly for being brands that add to their catalog every...
February 28, 2024
Does email marketing work in 2024? Stats and status!
Email marketing has been around since almost the dawn of the internet. As such, it has been extensively used by brands and businesses to promote, build trust, and ultimately sell. ...
February 27, 2024
Google has announced the addition of Gemini generative AI models to Performance Max
Google has announced the addition of Gemini generative AI models to Performance Max with the goal of helping agencies and advertisers create high-quality materials at a larger scale in this...
February 26, 2024
JD.com aims to expand into the EU via the UK
JD.com is pushing its EU expansion via the UK and is considering buying British electronics retailer Currys. At the same time, that company has reportedly already rejected an offer from...
February 22, 2024
Zooplus launched a subscription program for Belgium and the Netherlands
The German online pet supply store Zooplus is launching a subscription program in Belgium and the Netherlands. In total, the Zooplus subscription model will now be available in 8 different...
February 19, 2024
PayPal is reading for offline payments
PayPal is reading for the imminent entry into force of the EU's Digital Services Act (DMA) with a new initiative: offline payments. TechCrunch reported that the company plans to expand...
February 13, 2024
Google announced Gemini Ultra, its most powerful AI model
Google increases its bet on AI, with what they call "the next chapter of our Gemini era".  The company has announced Gemini Ultra, its most powerful AI model, which debuts...
February 12, 2024
Second-hand keeps growing strong in the EU
The second-hand luxury goods market in Europe keeps growing strong. With an estimated of around three billion U.S. dollars in 2023, and Central & Western Europe accounting for roughly 62%...
February 8, 2024
Alphabet closed 2023 with 73,795 million dollars in revenue
Alphabet, Google's parent company, earned 73,795 million dollars (68,152 million euros) in 2023, an increase of 23% over the previous year, the US company has published. For 2023 as a...
February 5, 2024
Shopify Editions Winter 2024 is here and comes packed with AI power!
Shopify announced its first round of upgrades for 2024, the so-called 'Shopify Editions Winter 2024', and it is filled with over 100 improvements and new functionalities.  The company has unveiled...
February 2, 2024
JD Worldwide opened its first fashion warehouse in France
JD Worldwide, JD.com's import and export shopping platform, has launched its first self-managed direct fashion sourcing warehouse in Paris, France. As detailed in a statement, this initiative is a key...
January 31, 2024
Amazon was found guilty in Spain for having false ‘autonomos’
Amazon was found guilty in Spain for having false ‘autonomos’. The Social Court number 42 of Madrid has condemned the company led by Andy Jassy for hiring 3,688 delivery drivers...
January 29, 2024
TravelPerk raised nearly 95 million euros in a recent funding round
TravelPerk, a Spanish business travel management platform, raised nearly 95 million euros in a recent funding round. The investment was led by Japanese giant Softbank Vision Fund 2, with Kinnevik...
January 24, 2024
Amazon announced new layoffs
Amazon has announced several layoffs in its Prime Video, MGM Studios, Twitch, and Audible divisions, now the company has also announced layoffs in its Buy with Prime division in a...
January 22, 2024
Meet EMA, an AI-Expert Marketplace Advisor
Innova Digital Export has launched EMA, an Expert Marketplace Advisor agent that claims to help you find the ideal marketplace by differentiating between products, geographic areas, and target audiences, among...
January 18, 2024
2024 CES presents the Rabbit 1, the smartphone ‘killer’ 
During the 2024 Consumer Electronics Show, was revealed a new device called Rabbit 1 that aims to change the way we use apps and at the same time, make smartphones...
January 17, 2024
The Red Sea is closed and shipping prices are skyrocketing in Europe
The Red Sea is currently closed to international maritime traffic, and its consequences for world trade are unpredictable. Houthi attacks on merchant ships blocked this vital shipping route between Asia...
January 15, 2024
Aliexpress Consumer Insight Report: 96% of Germans and 95% of Spaniards bought online in the last three months
96% of Germans and 95% of Spanish consumers surveyed claimed to have bought something online during the last three months, according to a Aliexpress Consumer Insight Report.  The report also...
January 12, 2024
New Partnership Alert: Direct Link UK & Shiptheory!
By Direct Link - Direct Link UK division is announcing its partnership with Shiptheory, a move that empowers retailers of all sizes with a streamlined workflow from start to finish....
January 10, 2024
Sport-related e-commerce in Spain continues to grow: 29,1% increase in 2023
Sports-related e-commerce continues to grow in Spain. In the first half of 2023, online sales of sporting goods totaled 2.117 billion euros, after the 1.64 billion euros recorded in the...
January 9, 2024
OpenAI GPT Store is live!
OpenAI has made available to the general public the GPT Store, a place where we can enjoy AI with GPT-4 and get to know all the offers of customized chatbots...
January 8, 2024
Microsoft's computers will have a ‘built-in AI key’
Microsoft's computers will have a built-in shortcut key to Copilot, its AI-developed assistant, to make 2024 "the year of AI-powered PCs". The Copilot key will start to be present on...
January 6, 2024
The EU will keep track of cross-border payments
As of January 1, payment service providers inside the EU will have to keep track of the recipients of cross-border payments and, as of April 1, transmit information to member...
January 4, 2024
The Suez Canal crisis is escalating
Things look bad in the Suez Canal. Last week, the arrival of a new US Navy Attack Group to the area, in response to the recent piracy and terror attacks...
January 2, 2024
MediaMarkt doubled its third-party revenue up to 137 million euros
MediaMarkt doubled its third-party revenue up to 137 million euros. Over the next three years, external trade volume is expected to reach 750 million euros. The data comes from Ceconomy’s...
December 29, 2023
OpenAI aims for a massive $100 billion valuation
OpenAI, the ChatGPT creator, wants to achieve a valuation of $100 billion during its next investment round in 2024.  Currently, the company is still in preliminary talks, with no information...
December 28, 2023
DHL Express enhances its MyGTS service with AI
DHL Express has enhanced its online platform My Global Trade Services (MyGTS) to help simplify the international shipping process for its customers and speed up cross-border processing through artificial intelligence...
December 27, 2023
Mango announced a turnover of 3,000 million euros for 2023
Mango announced that it expects to end the 2023 financial year with a turnover that will exceed 3,000 million euros. This result, which improves on the current sales record of...
December 22, 2023
The Suez Canal and Red Sea crisis could cause a massive logistic disaster
Global logistic companies are on edge as a new political and military crisis could cause a  blockade in the Red Sea and the Suez Canal, and this, in turn, could...
December 20, 2023
The EU Parliament agreed on a supply chain law
The European Parliament agreed on a supply chain law, as reported by Spiegel, the German media. As a result, large companies may be sanctioned if, for example, they "benefit from...
December 18, 2023
74,8% of Belgians bought online during 2022
The Belgian Digital Economy Overview presented a recent survey that shows 74,8% of Belgians bought products online during 2022—the research aimed to present the current state of the digital landscape...
December 13, 2023
Amazon will reduce the transaction fee for fashion sellers
Amazon has announced it will reduce the transaction fee for fashion sellers from 17% to 5%. The company led by Andy Jassy has announced that, starting next January, it will...
December 11, 2023
Google launches Gemini, a direct challenge to OpenAI
Google launched Gemini, its new natural language model. Google Gemini is a direct challenge to OpenAI.   Gemini is the company's most flexible LLM (large language model) yet and is optimized...
December 8, 2023
Black Friday online sales grew 8%
Black Friday online sales grew 8% globally, according to a Salesforce report. Salesforce data is based on over a billion different e-commerce sites that work with their CRM. These were...
December 7, 2023
Temu has expanded its European delivery network
Temu has expanded its European delivery network through partnerships in Germany, Italy, Spain, and Portugal. The Chinese titan has announced that more logistic collaborations are planned to be revealed during...
November 29, 2023
Salesupply opens a new fulfillment center in France
Salesupply has added a new e-commerce fulfillment center in Lyon, France, to its global e-commerce fulfillment network. With this location of 15000m2, Salesupply adds highly requested extra volume in France....
November 28, 2023
European Parliament voted to revise the Packaging and Waste Directive
The European Parliament voted to revise the Packaging and Waste Directive. According to the modification, all packaging must be reusable or recyclable by 2030. Several parties have criticized the modification...
November 27, 2023
Don't miss out on the Smart Retail Tech Expo UK 2023!
Due to industry demand, Smart Retail Tech Expo, the UK’s leading expo bringing digital innovation to the retail sector, will return to ExCeL London on 27th & 28th Feb 2024....
November 24, 2023
Amazon could get the EU antitrust approval for iRobot acquisition
Amazon could get the EU antitrust approval for its $1.4 billion acquisition of robot vacuum cleaner maker iRobot, as advanced by Reuters. Antitrust authorities worldwide have scrutinized acquisitions of smaller...
November 23, 2023
Microsoft announced a name change for Bing Chat
Microsoft announced during the Ignite 2023 event a name change for Bing Chat, the AI-powered chatbot introduced earlier this year on Bing, which will now be called Copilot. Likewise, its...
November 20, 2023
Amazon will sell cars allied with Hyundai
Amazon has announced that from 2024, dealers will be able to sell cars on its website after reaching an agreement with Hyundai, whose cars will be the first to be...
November 17, 2023
The government portal GeM has crossed ₹2 lakh crore this fiscal year
The procurement of goods and services from the government portal GeM has crossed ₹2 lakh crore this fiscal year due to higher buying activities by different ministries and departments. The...
November 15, 2023
Alibaba's Taobao and Tmall claim their 11.11 festival was a huge success
Alibaba Group's Taobao and Tmall have "successfully" concluded their 15th annual 11.11 Shopping Festival. As reported by the Chinese group, during the campaign, Taobao and Tmall recorded positive year-on-year growth...
November 14, 2023
Amazon's Black Friday event will kick off on Friday
Amazon's Black Friday event will kick off on Friday, November 17. This will give customers more days to shop than last year's event and will feature some of the lowest...
November 13, 2023
Shein aims for a 90 billion dollar valuation for its possible IPO
Shein aims for a 90 billion dollar valuation for its possible IPO in the United States. As reported by Bloomberg, the company has told potential investors that it aims to...
November 9, 2023
Alibaba International is testing Aidge's suit of APIs for commerce
Alibaba International has announced the testing phase of 'Aidge,' its first suite of commerce-focused APIs powered by artificial intelligence (AI).  The idea is that this suit will help optimize global...
November 8, 2023
Shein will launch its second-hand clothing platform in Spain
Shein will launch its second-hand clothing trading platform, known as Shein Exchange, in Europe. As El Economista from Spain advanced, the firm plans to land in Europe in the coming...
November 6, 2023
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