News

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
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
Discover the Winners of the Cross Border Magazine Awards 2024!
The Cross Border Magazine Award Gala 2024 took place last week—the 3rd and 4th of October—in the beautiful city of Barcelona, Spain. There, a select group of leading brands and...
October 8, 2024
Adobe announces the release of Photoshop and Premiere 2025 with AI support
Adobe has announced the release of Photoshop Elements 2025 and Premiere Elements 2025, which integrate innovative AI support, with features to make it easier for all users "to create and...
October 7, 2024
Direct Link strengthens its international business and rebrands to PostNord
Swedish-Danish Postal Group PostNord´s different international operations are now being together as one business unit under joint management. The aim is to capture the growth potential for e-commerce imports and...
October 1, 2024
Amazon launches Project Amelia
Amazon launched in beta a new personal assistant for salespeople powered by generative AI, codenamed Project Amelia. At the moment, it is only available to sellers in the United States....
September 24, 2024
PayPal redesigns to launch: PayPal Everywhere
PayPal enters a new phase of its business with the launch of PayPal Everywhere, a feature that allows users to make payments in physical stores using a digital debit card....
September 23, 2024
Amazon launched Export Central: a cross-border tool meant for Europe
Amazon launched a new cross-border tool called Export Central. This tool enables sellers in Amazon's Merchant Fulfillment Network (MFN) program, who manage their logistics, to extend their international reach to...
September 19, 2024
Zara opens a 5000 m2 flagship store in Lisbon + Zara 2024 results
Zara has added a new store to its list; the second biggest Zara, with over 5000 m2, has been inaugurated in Lisbon. This new concept store is located in Lisbon,...
September 12, 2024
Meest opens a new logistics center in Poland
Meest International has opened a new logistic center in Poland, near the city of Dębica. The investment in construction and equipment exceeded 8 million euros. The new center's advantages include...
September 11, 2024
Walmart surpassed Amazon in digital advertising revenue growth
Walmart surpassed Amazon in worldwide digital advertising revenue growth during Q2 2024, posting a 26% increase, ahead of Amazon's 20%, according to the company's latest financial reports, based on data...
September 10, 2024
Get ready for the E-commerce Berlin Expo: the largest pure-play B2B e-commerce event!
The E-commerce Berlin Expo is the largest pure-play B2B e-commerce event in Germany and the go-to destination for anyone in the industry. It offers a unique blend of exhibition and...
September 6, 2024
Mastercard launches its new Payment Passkey in India
During a keynote presentation at the Global Fintech Fest in Mumbai, Mastercard announced the global launch and first massive test of its new Payment Passkey service, which aims to make...
September 4, 2024
Spring GDS will be CBM's exclusive partner for its 2024 Award Ceremony!
Cross-Border Magazine is excited to announce that Spring GDS (Global Delivery Solutions) will be the exclusive partner for our annual Partner Dinner and Award Ceremony. As the international subsidiary of...
September 3, 2024
Salesforce increased its revenues by 8% YoY
Salesforce announced an 8% revenue increase for the second quarter of fiscal 2025, ending July 31, 2024. Revenues for the second quarter totaled $9330 million, an increase of 8 %...
September 2, 2024
Temu has opened its marketplace to European merchants
Temu has opened its marketplace to European merchants responsible for its product range, inventory management, and product shipping. These conditions are because Temu determines the final prices of products to...
August 31, 2024
YouTube and Shopify join forces to sell using YouTube Shopping
YouTube is looking to strengthen its position in the market by extending its partnership agreement with Shopify, using the YouTube Shopping affiliate program. This initiative will give content creators access...
August 29, 2024
Direct Link is now partnering with e-CROSS!
Direct Link is thrilled to announce our partnership with e-CROSS, an innovative leader in cross-border retail technology. This collaboration marks an exciting venture for both companies, as we aim to...
August 28, 2024
Meta and Spotify complain about the EU regulations for AI
Meta and Spotify have issued a joint statement addressing their views on Artificial Intelligence (AI) regulation in the European Union. Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek each...
August 27, 2024
Shein filed a lawsuit against Temu in Washington
Fast fashion giant Shein has filed a lawsuit against rival Temu in federal court in Washington, CNBC reported. Shein accuses Temu of building its business using counterfeits, intellectual property violations,...
August 26, 2024
IKEA is ready to deploy drones for its daily operations
IKEA has announced the next phase of its drone technology: an enhanced AI-powered system capable of operating alongside co-workers around the clock. This advanced system will be integrated into fulfillment...
August 23, 2024
France's e-commerce keeps growing in 2024 + Top 10 Online Stores
France's e-commerce sector, valued at $84.32 billion in 2024, is expected to grow to $120.99 billion by 2029. France currently has over 50 million online customers, and it is expected...
August 21, 2024
Direct Link – Part of PostNord Launches 'UK Global' Service to Streamline Cross-Border E-Commerce Shipping for UK Sellers
E-commerce sellers in the United Kingdom now have access to UK Global, a newly launched cross-border shipping solution from Direct Link UK. As part of PostNord, Direct Link specialises in...
August 20, 2024
Mangopay announced it's new VP for Global Sales: Tristan Torres
Mangopay has announced the appointment of Tristan Torres Velat as its new Vice President of Global Sales. Torres, who previously held the position of Head of Europe at Mangopay, has...
August 19, 2024
Only 1% of Amazon.com merchants are selling outside of the U.S.
Most of Amazon's U.S. sellers are limited to selling in the United States. Despite attempts by the company headed by Andy Jassy to encourage cross-border e-commerce, less than 1% sell...
August 16, 2024
Amazon could be held responsible for defective goods sold by third-party merchants
As multiple media in the U. S. have reported, Federal regulators have determined that Amazon can be held responsible for defective goods sold by third-party merchants on its online marketplace,...
August 13, 2024
ChatGPT will be integrated into iPhone devices by the end of the year
Apple CEO Tim Cook confirmed that ChatGPT technology will be integrated into iPhone devices before the end of 2024 with the operating system update to iOS 18, aiming to improve...
August 12, 2024
Spotify relaunched Spotify Ads, its self-serve ads platform
Spotify, has announced the relaunch of its self-serve advertising platform, Spotify Ads Manager, formerly known as Spotify Ad Studio. With a refreshed design and significant enhancements, Spotify Ads Manager offers...
August 9, 2024
65% of Italians prefer physical stores to e-commerce
From the results of "The State of Shopping 2024" survey conducted by ShopFully with Offerista Group, for 65% of Italians, the physical store is the preferred place to shop with...
August 8, 2024
Google releases Gemma 2
Google has taken a significant step in the evolution of its language model family with the release of Gemma 2. This extension not only introduces new models and tools, but...
August 5, 2024
FoxIntelligence: Temu has a larger market share than Shein in France
Within four months of its launch in France, Temu achieved a larger market share in terms of value than its competitor, Shein. However, it has not yet surpassed AliExpress.  Additionally,...
August 2, 2024
Zalando remains the largest online retailer in Switzerland
Despite a revenue drop, Zalando remains the largest online retailer in Switzerland. The local online department store Galaxus, now the new number 2, increased its revenue significantly last year. Temu...
August 1, 2024
NIQ: 34% of Spain online purchases are done via Chinese platforms
34% of this year's online purchases in Spain in the first half were made on Chinese platforms such as Alibaba, Temu, or Shein.  These platforms have a far higher market...
July 31, 2024
Bol update: changes and new releases!
The online marketplace Bol has released several updates, such as a new advertising option that allows sellers to highlight their brand and assortment in search results. Also, changes to the...
July 30, 2024
Pinterest has unveiled Canvas AI
Pinterest has unveiled Canvas AI, an artificial intelligence (AI) project designed to improve product visualization strategies. Specifically, as detailed at the VB Transform conference, it is a new tool that...
July 29, 2024
The EU AI Act migth prevent Meta from implementing their AI models in Europe
The European regulation for artificial intelligence, the AI Act, approved in March 2024, could prevent Meta from implementing the Llama 3.1 AI models, as by the law definition they could...
July 27, 2024
WhatsApp Business is changing its rates
WhatsApp Business is reducing utility message rates and increasing marketing message rates. A change that aims to encourage business communication and reduce spam. The new utility rates will take effect...
July 26, 2024
Decathlon is negotiating the acquisition of a majority stake in Tradeinn
Decathlon is negotiating the acquisition of a majority stake in Tradeinn, the Spanish e-commerce giant Tradeinn, specializing in sports equipment, to strengthen its online sales strategy, according to Expansión and...
July 25, 2024
Half a million merchants are already using Alibaba AI toolkit 
Alibaba International Digital Commerce Group (“Alibaba International”) has announced that around 500,000 merchants have adopted its generative artificial intelligence (AI) toolkit in more than 40 e-commerce domains. Since the launch...
July 24, 2024
Meta won’t launch their AI models in the EU
Meta – parent of Facebook, Instagram, and WhatsApp –  will not launch its upcoming multimodal artificial intelligence (AI) models in the European Union (EU) due to the “unpredictable nature” of...
July 22, 2024
Sales and returns, what can go wrong?
By Cinzia Barberis By Cinzia Barberis - Sales periods provoke mixed feelings in the industry. Do we love them? Do we hate them? Do we need them? We are aware...
July 20, 2024
Introducing Joom: "We make global trade easy and efficient via technology"
Photo courtesy of Deliver Joom is an international group of e-commerce companies founded in June 2016 in Riga, Latvia. As of the beginning of 2024, Joom has amassed over 400...
July 19, 2024
CIRRO E-Commerce integrates with 17TRACK, optimizing the post-purchase experience in e-commerce
By CIRRO - Los Angeles, July 16, 2024 -- CIRRO E-Commerce, a leading e-commerce logistics solutions provider, announces its integration with 17TRACK, a leading global shipment tracking service platform. This...
July 17, 2024
Amazon India could revise its fee structure... again 
Consumers may pay more to shop online on Amazon India for certain products as the company is apparently set to revise its seller fee structure again before the end of...
July 16, 2024
The UN claims: The Netherlands is the most established e-commerce market in the World 
According to a new report by the United Nations Conference on Trade and Development (UNCTAD), the Netherlands' e-commerce penetration rate is the highest globally, at 84%. Following the ranking are...
July 15, 2024
Apple yields to the European Commission and will allow third-party payments
The European Commission (EC) informed this Thursday that it considers as good the concessions offered by Apple to open to its rivals the NFC wireless technology to which it limits...
July 12, 2024
Vinted fined 2.3 million euros for ‘shadowbanning’ + Vinted official response 
Vinted will have to pay a fine of 2.3 million euros for allegedly violating several aspects of the European General Data Protection Regulation (GDPR). The fine follows complaints from several...
July 11, 2024
Mangopay chooses Mark Fleming as its new Chief Commercial Officer
Mangopay will have Mark Fleming as its Chief Commercial Officer. Mark will join CEO Romain Mazeries' management team to spearhead the company's international expansion and growth into new customer sectors,...
July 10, 2024
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