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.

EU implements Digital Services Act

By Pleuni - February 17, 2023 - Subject(s): Laws and regulations, Marketplaces.

The European Union is implementing the Digital Services Act and the Digital Market Act, which impact online marketplaces and social media platforms. This package of rules will create a safer digital space for users and fight rogue sellers.

Secret Sales: 70% year-on-year growth in 2022

By Pleuni - February 17, 2023 - Subject(s): Marketplaces.

Online fashion marketplace Secret Sales has reached a 70 percent year-on-year growth in sales in 2022. This was largely driven by the company’s international expansion last year. It expects to maintain a growth of 85 percent this year.

Amazon skips wholesalers in Europe

By Pleuni - February 17, 2023 - Subject(s): Marketplaces.

Ecommerce giant Amazon has decided to skip wholesalers in Europe. Instead, it will focus on sourcing products from brands. By doing so, it wants to ensure low prices for consumers.

Bol.com sales dip nearly 3 percent in Q4

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

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.

Maxeda DIY Group launches marketplace

By Pleuni - February 6, 2023 - Subject(s): Launch, Marketplaces.

The Benelux-based Maxeda DIY Group, a group of DIY retailers, is launching its own marketplace. It is the first DIY marketplace within the Benelux. At the launch, the marketplace already offers 10,000 new products on top of the current product assortment.

EU will tax user sales on marketplaces

By Ecommerce News - January 31, 2023 - Subject(s): Laws and regulations, Marketplaces.

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.

Pricing top factor Zalando during Black Friday

By Pleuni - January 27, 2023 - Subject(s): Marketplaces, Sponsored.

In the three weeks up to Black Friday, Zalando’s product prices increased by 8 percent. At the start of Black Friday week, prices dropped again by 18 percent. At the end of the week, prices had dropped 23 percent.

Shopee leaves Poland and thereby Europe

By Ecommerce News - January 18, 2023 - Subject(s): Marketplaces.

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.

Amazon to close 3 warehouses in the UK

By Ecommerce News - January 11, 2023 - Subject(s): Logistics, Marketplaces.

Amazon plans to close three distribution centers in the United Kingdom, the company’s biggest market in Europe. After investing heavily during the pandemic ecommerce boom, the retail giant is experiencing a dip in demand.

Zalando starts selling toys

By Pleuni - January 11, 2023 - Subject(s): Launch, Marketplaces.

German online fashion giant Zalando has added a new product category to its platform: toys. The new category is already added to the platform’s homepage in all its markets. With this launch, the platform continues to expand its range of products for children.

Recommerce market to reach €120 billion by 2025

By Pleuni - December 14, 2022 - Subject(s): Marketplaces, Statistics.

The selling of pre-owned items is growing in popularity. In 2021, the European recommerce market was worth 75 billion euros. It is expected to grow 60 percent by 2025, to 120 billion euros.

Bol.com lays off 10% of staff

By Pleuni - December 9, 2022 - Subject(s): Marketplaces.

Dutch ecommerce giant Bol.com is cutting approximately 10 percent of its staff. This comes down to 300 jobs. The company needs to save a total of 225 million euros over the next three years. The growth of the online store has come to a halt.

Alibaba launches Miravia in Spain

By Pleuni - December 2, 2022 - Subject(s): Launch, Marketplaces.

Ecommerce giant Alibaba has launched a new marketplace in Spain. The platform is called Miravia and connects brands and content creators with consumers. It features fashion, beauty, food and lifestyle products.

Vinted 118 million euros in the red

By Ecommerce News - November 29, 2022 - Subject(s): Marketplaces, Statistics.

Vinted, the marketplace for secondhand fashion, has made 118 million euros in losses in 2021. That is a fivefold increase compared to a year before, when the company was only 24 million euros in the red. At the same time, revenues increased from 148 million to 245 million euros.

ChannelEngine partners with TikTok Shop

By Ecommerce News - November 28, 2022 - Subject(s): Marketplaces.

ChannelEngine, a Dutch marketplace integration platform, has partnered with TikTok Shop. TikTok’s social commerce feature has faced problems in Europe. Partnering with multiple ecommerce companies, including ChannelEngine, is hoped to help.