PayPal introduces passkeys in Germany and the UK

PayPal is offering passkeys outside of its US home market for the first time. The user-friendly login feature becomes available in Germany and the United Kingdom.
Continue readingPayPal is offering passkeys outside of its US home market for the first time. The user-friendly login feature becomes available in Germany and the United Kingdom.
Continue readingThe courier, express, and parcel sector in Germany, known as KEP for short, faced turbulent times in 2022. There were 360 million fewer packages delivered than in the peak year of 2021. This translates to a 7.9 percent decline in package volume in Germany.
Continue readingGerman fashion platform About You has removed all products of secondhand platform Mädchenflohmarkt from its ‘Second Love’ category. The move follows strong accusations made against the secondhand platform. The cooperation started three years ago.
Continue readingBerlin-based startup Wonnda has raised 1 million euros in a pre-seed round. The product sourcing platform will use the capital injection to expand its network of manufacturers. It is also planning to incorporate more partners.
Continue readingGerman consumers will soon be able to place unpackaged returns for Amazon in DHL parcel lockers. Amazon and DHL have been working together on unpackaged returns since October 2022. Now, the service is being expanded.
Continue readingSellerX, a Berlin-based aggregator of Amazon sellers, has acquired Elevate Brands, its American industry peer. They will operate together as SellerX Group, which aims to become “one of the largest and most profitable global consolidators of e-commerce brands”.
Continue readingInflation and subdued consumer confidence are expected to dampen online spending in Germany, according to the latest announcement by Handelsverband Deutschland (HDE).
Continue readingKatchin, a marketplace for jewelry, watches, and accessories, has launched in Germany and France. This expansion follows its launch in the UK earlier this year. Katchin is a venture by the Fossil Group. It operates on Mirakl's marketplace software.
Continue readingMost 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.
Continue readingAbout 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.
Continue readingFor years, purchasing on account was the most popular payment method in Germany for online shoppers. However, in 2022, PayPal took over that place. At least 29.6 percent of online purchases were paid for with this payment method.
Continue readingAmazon 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.
Continue readingThe Otto Group is partnering with Covariant, a company specializing in AI-driven warehouse robots. With the partnership, Otto wants to automate its fulfilment activities and increase its operational efficiency. Otto's German fulfilment locations will be robotized first.
Continue readingGetir is the new manager of the Gorillas app. Users of the app were notified that their customer data will be transferred to the new owner from Turkey. Anyone who does not want this can object.
Continue readingFashion 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.
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