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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
Meta will offer a subscription plan for Instagram and Facebook in the EU
Meta will offer an ad-free subscription plan for Instagram and Facebook in Europe starting in November. The price will be 9.99 euros per month for the web version or 12.99...
November 2, 2023
Amazon will lead the global Retail Media in 2024
Following a recent survey by the British consultancy agency WARC, Amazon will remain the leader in Retail Media, with revenues reaching $52.7 billion by 2024. Alongside Amazon, the Chinese titan...
October 30, 2023
H&M has increased its return fee to 1 euro
H&M has announced it will increase its return fee to 1 euro per returned product, and H&M club members will no longer be exempt.  H&M is one of the fashion...
October 26, 2023
NextSmartShip aims to revolutionize E-fulfillment with a Direct-from-Manufacturer Service
NextSmartShip (NSS) is aiming at becoming an unparalleled e-fulfillment solution for EU and USA markets by redefining how Direct-to-Customer (DTC) brands navigate global logistics. NSS e-fulfillment solutions shine on two pivotal...
October 25, 2023
Amazon will start drone delivery in the UK and Italy in 2024
Amazon will start drone delivery in the UK and Italy in 2024. Selected customers can have items weighing up to approximately 2 kilograms delivered to their gardens by a drone....
October 24, 2023
2023 Black Friday is forecasted to have a 20% increase in online spending 
According to a recent survey by Webloyalty, the 2023 Black Friday is forecasted to have a 20% increase in online spending. This year, the campaign kicks off on November 24....
October 21, 2023
Using Ochama JD.com further expands into Europe
Ochama, a retail concept brand that is part of the Chinese e-commerce giant JD.com, has announced the expansion of its home delivery services to another 19 European countries. This brings...
October 17, 2023
The global e-commerce market will reach $9.3 trillion by 2027, and India leads the way!
The global e-commerce market keeps growing, and it is forecasted to reach a global value of $9.3 trillion by 2027, with India leading as the fastest-growing market. GlobalData's latest report,...
October 16, 2023
Amazon shared results of Prime Big Deal Days: 150 million items sold in only two days!
Amazon has shared the results of its Prime Big Deal Days held on October 10th and 11th, where - following Amazon report- customers save over $1 billion on thousands of...
October 13, 2023
TikTok retail is canceled in Indonesia
TikTok retail operation was canceled in Indonesia to comply with the country’s decision to ban e-commerce transactions on social media platforms. The cancelation of TikTok retail in the region is...
October 12, 2023
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