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.

Online trade differs in East and West Germany

By Pleuni - May 16, 2023 - Subject(s): Marketplaces, Statistics.

Most online companies in Germany are located in the Western regions North Rhine Westphalia (22 percent) and Bavaria (17 percent). Only 1.75 percent come from the Eastern regions Thuringia and 1 percent from Mecklenburg-Western Pomerania.

About You focuses on profit after new doubling of losses

By Arjan - May 12, 2023 - Subject(s): Marketplaces.

About You has plunged deeper into the red. The fiscal year ended with an operating loss of 137 million euros, more than twice the previous fiscal year's loss, which had already nearly doubled. However, the company refers to these results as "solid performance”. It expects to break even in the current fiscal year.

Bol.com partners make up 65% of trading volume

By Ecommerce News - May 11, 2023 - Subject(s): Marketplaces, Statistics.

Bol.com, the leading marketplace in the Netherlands and Belgium, had a gross merchandise volume of 1.3 billion euros in Q1. As much as 65 percent comes from third party merchants on the platform. Bol.com currently has 52,000 partners.

Amazon leads new top 150 European marketplaces

By Arjan - May 10, 2023 - Subject(s): Marketplaces.

Amazon fills the top two spots in a new list of leading marketplaces in Europe. The ranking is made by the German Bundesverband Onlinehandel (BVOH). The interest group also made a separate top 50 for Germany. That is also led by Amazon.

Secret Sales raises €11.3 million

By Pleuni - May 5, 2023 - Subject(s): Funding, Marketplaces.

Online fashion marketplace Secret Sales has secured 10 million dollars in a Series B funding round. The capital injection will be used to accelerate expansion into Europe, with 12 new markets. By 2025, the platform wants to be the go-to destination for non-full price retail in all main European markets.

Amazon Business to expand in Europe

By Pleuni - April 25, 2023 - Subject(s): Marketplaces.

Ecommerce giant Amazon is planning to expand its b2b division, Amazon Business, in Europe. It is unclear which countries it will target. The company is currently investing in its logistics, to supply European businesses with office supplies in bulk.

Zalando launches AI fashion assistant

By Pleuni - April 20, 2023 - Subject(s): Launch, Marketplaces.

Fashion platform Zalando is going to launch a fashion assistant powered by ChatGPT on the website and app. It will start with a beta version, which will be available to selected customers in Germany, Ireland, the United Kingdom and Austria by Spring.

Amazon launches EEA program

By Pleuni - April 19, 2023 - Subject(s): Launch, Marketplaces.

Ecommerce giant Amazon has launched a new offering called the European Expansion Accelerator (EEA). With the new feature, sellers can easily expand to nine Amazon marketplaces across Europe and the United Kingdom.

Zalando is delisting brands from platform

By Pleuni - March 28, 2023 - Subject(s): Cross-channel, Marketplaces.

Ecommerce giant Zalando is streamlining its range. As a result, it will remove products of brands on June 30. After that, the brand will be completely deleted from the platform’s data.

Amazon raises fulfilment costs in Europe

By Ecommerce News - March 15, 2023 - Subject(s): Marketplaces.

Amazon increased the costs of its multi-channel fulfilment service. The new fees will be in effect for European sellers starting next month. According to the ecommerce giant, the increase is due to rising operational costs due to inflation.

Saclàb raises 1.6 million euros

By Ecommerce News - March 9, 2023 - Subject(s): Funding, Marketplaces.

Fashion marketplace Saclàb has raised 1.6 million euros in seed funding. The company wants to use the capital for product development as well as HR and marketing activities. The platform is also planning a launch in the United States.

Zalando: little growth or even crimp in 2023

By Ecommerce News - March 7, 2023 - Subject(s): Marketplaces, Statistics.

Zalando saw its earnings before interest more than halve last year. The platform’s sales increased slightly by 3 percent compared to a 34 percent growth in 2021. After a tough year, the fashion giant predicts revenue could shrink in 2023.

Autohero sales worth 1 billion euros

By Ecommerce News - March 1, 2023 - Subject(s): Marketplaces, Statistics.

Used cars retailer Autohero.com generated 1 billion euros in sales in 2022. That is an increase of over 80 percent compared to the year before. This is mostly due to raising prices of used cars following supply chain shortages.

Yoox adds secondhand fashion category

By Ecommerce News - February 28, 2023 - Subject(s): Launch, Marketplaces.

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.

Zalando increases rates for merchants

By Ecommerce News - February 22, 2023 - Subject(s): Marketplaces.

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.