This week, the European Commission has approved the takeover of Ceconomy, the owner of MediaMarkt and Saturn. Chinese ecommerce giant JD.com is acquiring the company. The Commission has added conditions to the deal. For example, JD.com needs to provide warehousing and logistics services to third-party retailers.
Zalando is expanding its product range with items from other online stores, starting with Westwing. An AI shopping agent will eventually place orders on participating external websites, without customers having to leave the Zalando app. The German company aims to generate revenue from Zalando Extended in two ways.
German postal and logistics service DHL has announced several price changes. One of the changes is the introduction of a fee for second delivery attempts of parcels. Previously, second delivery attempts were part of the standard procedure. Now, senders will be charged 2.99 euros.
The European Commission has approved an action plan submitted by Temu to combat the spread of illegal products. The Chinese platform has committed to implementing five corrective measures. The fine previously imposed on Temu remains in place.
The Becom Awards were presented yesterday in Brussels. This year, the Diamond Awards went to Kentucky Horsewear and Woosh. There were 29 finalists in 10 categories.