Marketplaces

Looking for popular online marketplaces in Europe? If not, please read further. Whenever you ask someone what comes up in their mind on hearing the word ‘ecommerce’, there’s a big chance they will come up with eBay or Amazon. And can you blame them? These marketplaces are amongst the biggest and most successful ecommerce players in the world. Marketplaces are very popular among consumers as they often offer a very wide range of merchandise, all on one site.

Zalando confirms full-year guidance

By Pleuni - August 6, 2024 - Subject(s): Cross-border, Marketplaces.

Online fashion platform Zalando increased its revenue with 3.4 percent in the second quarter, compared to that period last year, to 2.6 billion euros. It also improved its profitability again. As a result, the company has confirmed its expectations for the full financial year.

‘Double-digit growth for German SMEs on Amazon’

By Arjan - August 1, 2024 - Subject(s): Cross-border, Marketplaces.

German SMEs on Amazon have seen their international sales grow by 10 percent over the past year. Together, they earned 5.5 billion euros in cross-border sales. "Exporting via Amazon is the easiest growth opportunity for German SMEs”, headlines the American company.

Boohoo launches marketplace

By Arjan - July 29, 2024 - Subject(s): Launch, Marketplaces.

Boohoo is launching an online marketplace, which is reportedly going live this week. Boohoo Brands will feature up to 200 labels in fashion, lifestyle, and beauty. It will be powered by Mirakl’s ecommerce software.

‘TikTok Shop gears up for launch in Ireland and Spain’

By Arjan - July 26, 2024 - Subject(s): Launch, Marketplaces.

TikTok Shop seemed set to launch in many European countries this summer, but owner ByteDance put the brakes on expansion. The shopping feature is reportedly set to launch in Ireland and Spain in October, with other European countries following next year.

Bol adjusts advertising space

By Pleuni - July 19, 2024 - Subject(s): Marketing, Marketplaces.

Online marketplace Bol has launched several updates this month. One of the updates is a new advertising option that allows sellers to highlight their brand and assortment in search results. There are also changes to the partner platform and review policy.

Temu reaches bigger market share in France than Shein

By Pleuni - July 15, 2024 - Subject(s): Consumer behavior, Marketplaces.

Within four months after its launch in France, Temu has managed to achieve a larger market share in terms of value than its competitor Shein. It has not yet surpassed AliExpress. Additionally, 96 percent of Temu customers in the last 90 days were repeat customers.

Amazon: revenue of 7.1 billion euros in Spain

By Arjan - July 5, 2024 - Subject(s): Logistics, Marketplaces, Statistics.

Amazon recorded a gross annual revenue of 7.1 billion euros last year thanks to its activities in Spain. This is an increase of 11 percent compared to 2022. According to Amazon, there are currently around fifteen thousand Spanish SMEs active on its platform.

EU requests swift clarification from Temu and Shein

By Arjan - July 2, 2024 - Subject(s): Cross-border, Laws and regulations, Marketplaces.

Temu and Shein have ten days left to provide detailed information on various aspects of their services to European shoppers. The European Commission has requested this after complaints from several consumer organizations.

Alibaba lowers membership costs for German SMEs

By Pleuni - June 28, 2024 - Subject(s): Marketplaces, Software.

Ecommerce giant Alibaba has announced an exclusive membership package for sellers in Germany. It wants to support SME’s in their digitalization efforts. Starting in September, retailers can join the platform with a trial period of 3 months for 9 dollars, instead of 399 dollars.

eBay announces improvements for German retailers

By Arjan - June 28, 2024 - Subject(s): Logistics, Marketing, Marketplaces.

After targeting private sellers, eBay Germany is introducing a number of enhancements for commercial sellers this summer. These improvements include upgrades in marketing and logistics.

Hole19 expands marketplace to Europe

By Arjan - June 25, 2024 - Subject(s): Launch, Marketplaces.

Hole19 has launched a new online store in its home market of the United Kingdom. The golf technology company has opened the site to brand partners. It plans to extend the marketplace to shoppers in continental Europe later this year.

Kaufland offers loans as payment

By Pleuni - June 21, 2024 - Subject(s): Marketplaces, Payments.

German online platform Kaufland is collaborating with Consors Finanz, a provider of consumer loans and part of BNP Paribas Group. Online shoppers can now use a loan financing option to purchase products on the platform.

Otto increases seller fees

By Pleuni - June 20, 2024 - Subject(s): Cross-border, Marketplaces.

German ecommerce giant Otto is increasing the seller fees on its marketplace. The basic fee for third party sellers will rise from 39.9 euros per month to 99.9 euros. According to the platform, the change is caused by the fact that many partner sellers have added low-quality products to the marketplace in the past.

Zooplus is working on marketplace

By Pleuni - June 14, 2024 - Subject(s): Launch, Marketplaces.

German online pet supply store Zooplus is planning to launch its own marketplace. By doing this, the platform will be able to quickly expand its product range. The launch of the marketplace is planned in November, but it is unclear in which regions.

Back Market on track to profitability

By Arjan - June 14, 2024 - Subject(s): Consumer behavior, Marketplaces.

Back Market, a marketplace for pre-owned phones, laptops, and other electronic devices, posted a 45 percent revenue growth last year, reaching 320 million euros. The growth continues unabated, and the company expects to turn a profit for the first time this year.