Chinese ecommerce giant JD.com is ready to launch in Europe. The retailer was aiming for this continent for quite some time now, but it now wants to have finalized its strategy for entering the European ecommerce market by the end of this year.
Fashion retailer H&M is experimenting with same day delivery. Currently, this delivery method is only being tested with customers who live in Berlin, but chances are H&M will roll it out in other cities or even countries, when the pilot is a success.
German fashion retailer Lesara has raised another 30 million euros from investors. The online fashion discounter has now raised a total of 90 million euros during the last few years. With the fresh funding, Lesara wants to further grow the company in Europe.
Online retailers aren’t allowed to state a product is available soon’ on a product page. It’s too vague. That’s what the Oberlandesgericht in Munich decided after it reviewed a case against MediaMarkt, which used this phrase to promote the Samsung Galaxy S6.
Amazon, eBay and eBay Classifieds together have a 66 percent market share in the German ecommerce industry. Every other online retailer from the top 50 list can’t even pass a market share of 3 percent.
Two major German department store chains, Kaufhof and Karstadt, will form a joint venture after Hudson’s Bay sells half of its European business to Signa Holding. The latter will hold only a little bit more than half of the entity and will manage the operating business.
After twelve years of operating in Germany and other European countries, online marketplace DaWanda will cease all business operations on the 30th of August. The marketplace also came to an agreement with Etsy, so current shop owners can continue selling their handmade products.