Posts by Jasmijn

Fashion retailer Yoox is adding a secondhand category on its marketplace. The pre-owned category is available in nearly 30 European countries. Later this year, the marketplace is planned to launch in the United States and Middle East as well.

Otto Group has an expected revenue of 12 billion euros for 2022. This is a 2 percent decrease compared to the year before. In Germany, ecommerce sales fell as much as 8 percent, while international sales have increased.

Dutch electronics store Coolblue made a profit loss of 6,2 million euros in 2022. This is a stark contrast with profits of over 39 million euros the year before. The company generated 2,35 billion euros of revenue. a small year-on-year growth of 0,6 percent.

Zalando is introducing a base rate for third-party sellers and brands starting July 1st. Partners will have to pay a monthly 40 euros. In addition, the fashion retailer will increase commissions per sold item for certain products.

Zalando is planning to cut up to 5 percent of its employees. The online fashion giant said in a note to staff it would eliminate hundreds of jobs. This makes Zalando part of a growing list of ecommerce companies laying off staff due to the current economic situation.

Dutch marketplace Bol.com’s sales have slightly lowered in 2022. In the last quarter, online sales decreased nearly 3 percent compared to an 7,8 percent increase the year before. In all of 2022, gross trading volume lowered nearly 2 percent.

The logistics arm of Alibaba, Cainiao, is joining parcel carrier DHL in Poland. Both companies will invest 60 million euros in a parcel locker network. Through the partnership, Cainiao aims to grow its presence in Europe.

Non-food online sales in the United Kingdom, France, Germany, Italy and Spain are expected to grow up to 4 percent. This is mostly driven by rising prices due to inflation. At the same time, sales volumes are set to fall up to 5 percent.

Costumer behavior in Germany is shifting. Google Shopping and price comparison sites are 10 percent less popular compared to 2019. When it comes to shoppers' research before making a purchase, social media and video websites like YouTube have grown more popular among German shoppers.

Nearly 40 percent of online shops in Europe uses so-called ‘dark patterns’. These are ways of encouraging customers into making a purchase under false pretenses, such as hiding costs and false countdowns.

Online sales of physical goods in Germany made 9 percent less revenue last year. Digital services such as travel and events, on the other hand, increased by nearly 40 percent. In total, German ecommerce generated just over 100 billion euros of revenue in 2022.

Online marketplaces such as Amazon, eBay and Vinted will now have to report sales made on their platforms by end users to the tax office. This is part of a new EU law. Private sellers will be reported when they make over 2,000 euros or have over 30 transactions per year.

Google will provide more transparency for consumers buying products through the company’s ecommerce platforms, such as the Google Store. The tech giant is doing so to comply with rules set by the European Union. However, the company still breaches EU laws on geo-blocking.

Online payment provider Paypal is under investigation by the Federal Cartel Office (FCO) in Germany. The company has allegedly hindered market and price competition in its terms and conditions, the German watchdog says.

Shopee, an online marketplace from Singapore, has left Poland. The company launched there just over a year ago. After also canceling operations in France early last year, Shopee is saying goodbye to Europe as a whole.