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Europe

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
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
Get ready for the E-Commerce Berlin Expo 2024!
The E-commerce Berlin Expo, Germany's largest event dedicated solely to the vibrant e-commerce industry, is gearing up for its 8th edition on February 22, 2024, in the heart of Berlin....
December 19, 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
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
JC-ELECTRONICS:THE PIONEERS OF CIRCULAR ECONOMY
Growing from two to 280 people in sixteen years, JC-Electronics is far more than a successful business: it’s a successful idea. Why? Because even before anyone mentioned the concept of...
November 21, 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
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 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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