News

PayPal decides to develop a PayPal Ads platform
PayPal has announced new managerial appointments to develop a PayPal Ads solution. This PayPal Ads will be a new advertising platform to strengthen the company's consumer value proposition.  Specifically, as...
May 31, 2024
Google Pay increases compatibility with other Google products and services
Google Pay is rolling out updates to increase its compatibility with other Google products and services, such as Android-based products or even the Chrome browser itself. The modifications are designed...
May 30, 2024
Google invests $350 million in Flipkart in a bet to control India
Google has invested nearly $350 million in Flipkart, becoming the latest big-name company to back the Walmart-owned Indian startup. Specifically, Flipkart explained in a press release that the tech company...
May 28, 2024
At least 95.8% of Europeans have shopped online during 2024 Q1
At least 95.8% of European consumers shopped online in the first quarter of this year. In the United Kingdom, that percentage was 93%. In the Netherlands, 96% of consumers shopped...
May 27, 2024
Temu's parent company, PDD Holdings, increased its profits by 245% during the 2024 Q1
Chinese group PDD Holdings, owner of e-commerce platform Temu and Pinduoduo, posted an attributable net profit of 27.997 billion yuan (3.592 billion euros) in the first quarter of 2024, an...
May 24, 2024
Walmart will have three-quarters of its new sellers China-based!
It is expected that in 2024 at least three-quarters of new sellers in Walmart's marketplace will come from China, surpassing records set against the previous month, all with a clear...
May 22, 2024
Netflix will launch its own marketing and ad tech platform
Netflix aims to strengthen its advertising business and has announced that it will launch its own ad tech platform by the end of 2025. This platform will provide advertisers with...
May 16, 2024
TikTok Shop will arrive in Spain, Italy, France, Germany and Mexico this summer!
The arrival of TikTok Shop to multiple nations is close: according to the South China Morning Post, the popular social network's e-commerce will be launched this summer in Spain, France,...
May 16, 2024
Microsoft, NVIDIA and Softbank invest $1.05 billion in autonomous driving company Wayve
Microsoft, NVIDIA, and Softbank have invested $1.05 billion in autonomous driving company Wayve. Wayve builds base models for autonomy, similar to a "GPT for driving," that can train any vehicle...
May 14, 2024
Germany's online sales are marketplace and mobile
Over 50% of Germany's online sales came from marketplaces, and 55% of all online sales in that country were carried out on smartphones, for a total of 47 billion euros...
May 13, 2024
Amazon reports a 13% growth in 2024 1Q while it faces a Union uprising in Europe
Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising dollars from its Prime Video streaming service. The Seattle-based e-commerce giant said...
May 7, 2024
2023 was a bad year for German e-commerce
German e-commerce suffered a considerable decline during the past year, and the low levels of consumer spending significantly reduced the total revenues in Germany in 2023.  Gross goods turnover fell...
May 6, 2024
Is your business ready for the European Accessibility Act?
The European Accessibility Act is a European Commission directive adopted as law by member countries in 2019. Its purpose is to improve access to products and services for EU residents...
May 2, 2024
Shein faces more regulations inside the EU
The European Commission recently announced that Shein, the ultra-fast fashion e-commerce giant, will be subject to additional regulations targeting huge online platforms (VLOPs) under the European Union's Digital Services Act...
May 1, 2024
Amazon pushes to achieve ‘under 24-hour delivery’ for all its packages in the USA
Amazon is aiming to deliver within the U.S. in under 24 hours. It is pursuing this goal as a competitive advantage in the face of an increasingly challenging e-commerce scenario...
April 29, 2024
Get ready for the Intelligent Automation Conference North America 2024!
The Intelligent Automation Conference North America 2024 will be held June 5-6 in Santa Clara, California. Immerse yourself in cutting-edge Intelligent Automation (IA) technologies, exploring key themes such as AI-driven...
April 29, 2024
Bleckmann achieves faster fulfillment times with the Kardex AutoStore solution!
Bleckmann, experts in supply chain management for fashion and lifestyle brands, announces the ‘go-live’ of a new automated storage and retrieval system (ASRS) at its solar-powered fulfillment site in Grobbendonk,...
April 25, 2024
Europe's second-hand fashion industry is forecasted to reach US$36,368.10 million by 2034!
The second-hand fashion industry is on the rise, and it is no longer considered a ‘poor man’s choice. Brands like Balenciaga and websites like Hardly Ever Worn It are pioneering...
April 24, 2024
CIRRO announces the strategic partnership with GoodZero in carbon offsetting and CSR efforts
By CIRRO - Amsterdam, Netherlands, April 18, 2024 (GLOBE NEWSWIRE) -- CIRRO, a leading global e-commerce logistics and fulfillment service provider, has joined forces with GoodZero, to decarbonize its operations...
April 23, 2024
Salesupply introduces Hybrid AI Chat for e-commerce customer service 
Profitability and cost savings are the two main challenges within e-commerce. The new Hybrid AI Chat solution by Salesupply helps online stores with both challenges. The solution enables merchants to...
April 23, 2024
Meta launched Llama 3 and claimed “it will be the most potent free-use AI model”
Meta has launched Llama 3, its most powerful AI so far, which it claims “has no rival among AIs that can be used for free,” and to prove it is...
April 22, 2024
Sephora recruits former Nike e-commerce leader for China operations
Sephora announced a new leadership appointment to oversee its presence in China, naming Xia Ding as managing director of Greater China. She will bring decades of experience, including time at...
April 17, 2024
EALYX gets over 1 million in funds for a new ‘circular economy’ service
EALYX, a Spanish SaaS platform for e-commerce that aims to facilitate a ‘trade-in circular economy service’ with instant payment to the consumer, has announced the closing of a financing round...
April 16, 2024
The German marketplace Otto aims to expand into the EU
Otto aims to expand its marketplace offering within the EU. The German distance-selling icon announced this alongside its annual financial results. In the fiscal year 2023/2024, Otto’s revenue decreased by...
April 15, 2024
Amazon CEO on CNBC lashes out at regulators for ‘blocking mergers’ and other anti-trust policies
Amazon CEO Andy Jassy on Thursday made a statement against the regulators who. in his opinion, ‘are increasingly blocking mergers, including the company’s planned acquisition of robotic vacuum maker iRobot’,...
April 11, 2024
eBay slashed the fees for fashion items in the UK
eBay has slashed the fees for fashion items in the UK. Specifically, the company has drastically reduced the fees that users have to pay to sell on its website, with...
April 10, 2024
Alphabet is attempting to purchase HubSpot
According to a Reuters report, Alphabet—Google's parent company—is currently attempting to purchase HubSpot, an online marketing software company valued at $35 billion (about 32.292 billion euros). If Alphabet decides to...
April 9, 2024
Spanish e-commerce reached 21,803 million euros invoiced during 2023 Q3
Spanish e-commerce reached 21,803 million euros invoiced in Spain between July and September 2023, 15.2% more than in the same period of the previous year. This is a record figure...
April 8, 2024
LinkedIn experiments with a new ‘short-video’ format similar to TikTok
LinkedIn is experimenting with video and wants to introduce a short-form video option similar to TikTok. In this way, the social network for professionals will join other platforms that have...
April 4, 2024
BNPL solution Billie forecasts 1.7 trillion euros for B2B goods by the end of 2025
The total European value of B2B goods sold online is estimated to reach 1.7 trillion euros by 2025. However, the report claims that B2B sellers in Europe will still need...
April 2, 2024
Amazon Business promises to boost small and medium businesses 
Amazon Business has launched a new feature called "Prefer Small and Medium Businesses" to boost the sales of these types of businesses.  This functionality enables customers to make targeted purchases...
April 1, 2024
Amazon will open its first physical parapharmacy store in Milan
Amazon will open its first physical parapharmacy store in Milan. This store will offer a wide range of beauty and personal care products. It will mark a milestone as the...
March 20, 2024
Stripe surpasses the $1 trillion mark in total payment volume
Payments platform Stripe surpassed the $1 trillion mark in total payment volume in 2023, a 25% growth over the previous year. This milestone comes 15 years after the company's founding...
March 19, 2024
TradeINN turnover is over the 500 million euros mark!
TradeINN, a sports equipment and apparel e-commerce, has achieved a turnover of more than 500 million euros, representing a 15% growth compared to 2022.  "2023 was a challenging year due...
March 14, 2024
Miravia will sponsor the Olympic Games in Paris 2024
Miravia will be one of the main sponsors of the next Olympic Games in Paris 2024, which will hosted between 26 July and 11 August. The Alibaba group's online sales...
March 13, 2024
Salesupply expands fulfillment network with two warehouses in Scandinavia
Salesupply has further expanded its global e-commerce fulfillment network with two fulfillment centers in Scandinavia. By adding strategically located warehouses in Sweden and Denmark, Salesupply offers merchants a cost-saving alternative...
March 12, 2024
ThredUp claims the global second-hand fashion market will reach $350 billion by 2027
According to a report by US fashion resale platform ThredUp, the global second-hand fashion market is expected to double in size to $350 billion by 2027. In 2023, it recorded...
March 11, 2024
What is headless e-commerce? + benefits
‘Headless e-commerce’ has been trending for a while, but do you really understand what this means and what benefits headless solutions can offer?  Headless commerce, as an approach, means decoupling...
March 7, 2024
Cart abandonment rate in Europe marked at 10,4%
According to an ecommercedb study conducted in 2023, Greece, Croatia, Italy, Portugal, and Serbia have the highest cart abandonment rate in Europe, at 10.4%. They are closely followed by the...
March 6, 2024
Apple fined 1.8 billion euros in the EU!
The European Union has fined Apple over 1.8 billion euros for abusing its dominant position in the market for distributing streaming music apps to iPhone and iPad users through its...
March 5, 2024
DHL and Reflaunt join forces to conquer the second-hand fashion market
DHL joins the second-hand fashion market alongside Reflaunt. Following a one-year pilot in Europe, the two companies have announced a partnership, with DHL Supply Chain becoming the new logistics provider...
March 4, 2024
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
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