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.

eBay UK removes seller fees on pre-owned clothes

By Pleuni - April 9, 2024 - Subject(s): Consumer behavior, Marketplaces.

As of this week, buying and selling second hand clothes is free of fees on eBay in the United Kingdom. By doing so, it wants to encourage more consumers to engage in recommerce, enabling a circular economy for fashion. It is also launching new features to make it easier to find pre-owned items.

Kaufland to open its marketplace in Poland and Austria

By Arjan - April 9, 2024 - Subject(s): Launch, Marketplaces.

Kaufland, one of the larger ecommerce platforms in Germany, is expanding to Poland and Austria this coming late summer. Schwarz Gruppe, the owner of Kaufland and supermarket chain Lidl, has more online plans: it is allocating 200 million for Lidl's ecommerce activities.

Temu: ‘Our practices are fair’

By Arjan - April 3, 2024 - Subject(s): Consumer behavior, Laws and regulations, Marketplaces.

Temu does not recognize itself in the criticism from German consumer organizations. They have accused the platform full of Chinese bargains of unfair trading practices. According to Temu, the company is unfairly portrayed in a bad light.

Amazon needs to comply with EU ad database

By Arjan - March 29, 2024 - Subject(s): Laws and regulations, Marketplaces.

The European Court of Justice has ruled that Amazon must establish a publicly accessible advertising repository. The obligation stems from European platform rules outlined in the Digital Services Act (DSA). Amazon has stated that it is disappointed by the ruling.

‘Alibaba gaining popularity among European SME buyers’

By Arjan - March 26, 2024 - Subject(s): Cross-border, Marketplaces.

Alibaba is making targeted efforts to attract European SMEs. According to the company itself, it has been successful: the number of SME buyers from Germany has increased by 14 percent in the past six months. Additionally, more and more British SMEs are using Alibaba.com as their procurement platform.

Allegro has launched in Slovakia

By Pleuni - March 22, 2024 - Subject(s): Launch, Marketplaces.

Polish online marketplace Allegro has launched in Slovakia, with a dedicated website. The expansion follows the company’s expansion into the Czech Republic last year. The marketplace has already announced plans of future launches in other European countries.

Amazon Business encourages purchases from SMEs in UK

By Arjan - March 22, 2024 - Subject(s): Laws and regulations, Marketplaces.

Amazon Business promotes business procurement from SMEs with the introduction of a new feature in the United Kingdom. This feature enables procurement professionals to make targeted purchases from sellers with fewer than 250 employees and less than 50 million euros in revenue.

eBay sees private sales growth and opportunities in Germany

By Arjan - March 19, 2024 - Subject(s): Consumer behavior, Marketplaces.

eBay has witnessed a significant increase in trade between German consumers on its platform. The number of sellers has grown by double-digit percentages, partly due to the elimination of selling costs. The company sees room for further growth.

Zalando positions itself as an ecommerce ecosystem

By Arjan - March 15, 2024 - Subject(s): Logistics, Marketplaces.

For the second consecutive year, Zalando has seen a decline in its revenue. A growing portion of its income comes from sales partners on the platform. Zalando aims to actively focus on providing support to other ecommerce companies.

Amazon loses trademark appeal on cross-border sales

By Arjan - March 7, 2024 - Subject(s): Laws and regulations, Marketplaces.

Amazon has infringed on British trademark rights by promoting identical branded products from another party to British shoppers on its US website. The ruling could have implications for other trademark holders and licensees in the United Kingdom and Europe.

Vinted acquires Trendsales

By Pleuni - March 5, 2024 - Subject(s): Acquisition, Marketplaces.

Second-hand fashion platform Vinted has acquired Danish competitor Trendsales. By doing so, the platform wants to fortify its position in the Nordic region. The acquisition is in contrast with the termination of its luxury platform Rebelle, which was announced in January.

Rebuy revenue in 2023 was 216 million euros

By Pleuni - March 1, 2024 - Subject(s): Cross-border, Marketplaces.

German recommerce platform Rebuy recorded a turnover of 216 million euros last year. This means that the company is now profitable for the fifth year in a row. Around 10 million products were sold through the platform and given a second life.

Otto Group’s revenue drops 9%

By Pleuni - February 29, 2024 - Subject(s): Cross-border, Marketplaces.

The German well-known Otto Group’s global ecommerce revenue is expected to reach 10.8 billion euros in the financial year of 2023, which ends today. This is a decrease of 9 percent compared to a year earlier. Unlike previous years, the decrease in sales is also noticeable in its cross-border markets.

Amazon lobbyists banned from European Parliament

By Arjan - February 29, 2024 - Subject(s): Laws and regulations, Marketplaces.

Amazon lobbyists are no longer welcome in the European Parliament. Their access passes are being revoked due to concerns over transparency and working conditions, marking a rare decision.

Wish announces trade-in service in Europe

By Arjan - February 26, 2024 - Subject(s): Consumer behavior, Launch, Marketplaces.

Wish will offer European shoppers the opportunity to exchange used tech devices for money. To do this, Wish owner ContectLogic has entered into a partnership with refurbished goods provider Remarketed. The program will start in the Netherlands next month, followed by other European countries.