Amazon.com on Monday said it will open a pop-up store on Chinese e-commerce platform Pinduoduo. This store will run until the end of December and carry a selection of about 1,000 products from overseas. The move, initially reported by Reuters on Sunday, points to how Amazon's China-strategy is evolving. Earlier this year, it already decided to stop operating a marketplace
EU request ending of German VAT Certificate
On October 14th, the European Commission (EC) sent a formal notice to Germany, to withdraw its recently installed German VAT certificate requirement for EU and non-EU sellers on marketplaces. Via an application, the paper document is obtained to the various German tax offices. The certificate verifies a sellers German VAT registration and the fact they are up-to-date on
German marketplaces: dealers, get a VAT certificate
Starting next week on October 1st, European based online retailers that sell to German consumers must provide any marketplaces they are active on with a German VAT certificate. They can get this certificate from the German tax office (Finanzamt). Last week, we reported about the effects of the new German regulations for marketplaces like Amazon. The German VAT certificates
Lady Gaga and Amazon were born to collaborate
Amazon will be launching Lady Gaga’s new makeup line, Haus Laboratories. Celebrities launching a new makeup line is not shocking news- what did stand out is that the new line will be launched exclusively through Amazon. Amazon and Lady Gaga will launch the new line this September in nine countries including the United Kingdom, United States, Japan, France and Germany. The
Demand for online marketplaces driven by lower-tier Chinese consumers
A report by Invesco about how China’s lower-tier cities are stepping up in consumption says that demand for online marketplaces is driven by lower-tier Chinese consumers. This shift allows merchants to take advantage of this rare occurrence. Understanding the consumer The number of consumers that purchase from global marketplaces is increasing due to movement within the