Dutch trend platform Otrium made appreciable losses prior to now yr. The corporate is 50 million euros within the crimson. The yr earlier than, losses have been at 8.4 million euros. That is principally on account of bonuses in addition
Shopify is shedding 10 p.c of its employees. This comes all the way down to a thousand staff. Based on the corporate, it is because of a decline in buyer demand after peak progress through the pandemic.
Shopify is a
Zalando launches a body measurement feature to assist customers in the DACH region in finding their right size. They receive size advice based on their measurement by taking two pictures of themselves. With this tool, size-related returns should be reduced.
Following Zalando, Amazon has also lodged a legal objection against its classification as a Very Large Online Platform (VLOP) in Europe. “Amazon does not fit this description under the DSA”, the company states.
In the context of the European Digital
In 2022, the six biggest e-commerce markets in Europe generated 72 percent of the total European e-commerce spend. The European e-commerce markets that are most developed by penetration rate, the United Kingdom and the Netherlands, have returned to their pre-pandemic
Ecommerce giant Amazon is imperceptibly tracking visitors’ online behavior after they leave the marketplace. Even when they did not give permission for cookies to be placed. The Dutch Foundation for Data Protection (SDBN) is starting a mass claim, as at
Consumers’ pursuit of more affordable prices is fueling cross-border shopping behavior, according to a consumer study conducted by Worldline in six European countries.
The study reveals that about half of consumers regularly shop outside of their domestic market. “The primary
Spanish returns management software provider Rever has raised 7.5 million euros in a seed funding round. The capital injection will be used to fund the startup’s growth and international expansion. The company will be adding AI-powered functionalities to its offer
The 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
Irish ecommerce financier Wayflyer has renewed a 300 million dollar (276.7 million euros) debt line. It is currently deploying 2 billion dollars (1.84 billion euros) to more than 3,000 ecommerce businesses globally.
Wayflyer was founded in Dublin in 2019. It