European Amazon sellers can now manage their funds on the platform more easily. Amazon Seller Wallet is launching in seven European stores. This gives sellers more control over when to convert and transfer their earnings, with exchange rates displayed before every transfer.
Last year, 54 percent of new online stores in the Netherlands were created with Shopify. In France, that share came to 49 percent and in Spain, it was 41 percent. At the same time, the share of Prestashop among new stores has dropped in these countries.
Asian companies selling on TikTok Shop in Europe can now outsource their logistics to the platform. Fulfilled by TikTok will be available to them through warehouse locations in Germany, France, Italy, and Spain. In addition to being a sales platform, TikTok is increasingly positioning itself as a logistics service provider.
TikTok Shop is significantly increasing its sales commission in the five EU countries where the service is active. As of 8 January, merchants in Germany, Spain, France, Italy and Ireland will no longer pay 5 percent, but 9 percent per sale.
Amazon has added a new shipping option for merchants in its five largest European markets. Sellers shipping from China can benefit from fast delivery at no additional cost, according to Amazon. The solution will later be available for domestic shipments as well.
InPost is increasing its logistics capacity to handle up to 500,000 daily shipments during the high season. This represents a 220 percent rise compared to last year, as the company gets ready for increasing ecommerce demand across the Iberian Peninsula.
Around 50 percent of online shoppers in Germany, France, Italy, Spain and the United Kingdom have shopped at Temu or Shein this year. Compared to a year ago, the amount of shoppers using those platforms has not changed much. It seems that Temu’s and Shein’s growth in Europe has slowed down.
Zalando has taken new steps in Southern Europe. The German company has launched a dedicated website for Portugal. Additionally, Zalando has started selling beauty products in Spain, which have not yet been part of the offering in the neighboring country.
In the first quarter of the year, ecommerce in Spain reached more than 25.7 billion euros. Compared to the same period in 2024, this was an increase of 18.7 percent. A majority of online transactions were destined for abroad, meaning that cross-border ecommerce is popular in Spain.
Ecommerce giant Amazon is launching its discount storefront, Amazon Haul, in Spain. The standalone store competes with large Asian platforms like AliExpress and Temu. The launch follows other launches earlier this year in the United Kingdom and Germany.
From February through July, Shein served an average of 145.7 million European shoppers per month. That is over 15.2 million more than in the previous six months. The Chinese online fashion platform is more popular in the European Union than Temu, although its growth is slightly less steep.
In the first half of this year, Temu attracted an average of 115.7 million Europeans to its platform each month. That’s 12.9 million more than in the second half of last year. Remarkably, the growth in Temu’s top European markets was above average.
Online revenue in Spain has increased 13.1 percent year-over-year in 2024. The total online revenue came to 95.2 billion euros. In the last quarter of the year specifically, online turnover increased 13.4 percent compared to a year earlier.
Spanish wholesale platform BigBuy has found a new financial partner, Kaazar Capital. BigBuy told Ecommerce News that the investing company has acquired a minority stake. From now on, Kaazar Capital will contribute to the company’s financial and growth strategy.
Temu has now been active in Europe for two years. According to a recent survey by the Chinese marketplace, German customers said that they have average saving of 27 percent on purchases they placed on Temu in 2024. And 41 percent wonder why identical products cost more on other platforms.