H&M expands its marketplace offering

H&M’s marketplace strategy is bearing fruit, according to CEO Helena Helmersson. The Swedish fashion giant is opening its doors to include more third-party brands.

Helmersson shared this information with Reuters after the publication of new figures. H&M’s revenue is on

Luxembourg ranks as top 1 cross-border country

In terms of cross-border market share, compared to the total online market, Luxembourg is the top 1 cross-border country in 2022. Its cross-border market share is 80 percent. The country’s total cross-border turnover was 1.8 billion euros.

The data comes

Returns software Rever raises €7.5 million

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

ShipBob launches in the Netherlands

ShipBob’s global fulfillment platform is expanding to the Netherlands with the launch of a fulfillment center. The new fulfillment center is the company’s fifth European location. The company expects to start shipping parcels from the new location in July.


Amazon uses AI to detect damaged items

Ecommerce giant Amazon is implementing artificial intelligence in twelve warehouses. The technology will screen items for damage before being shipped. This will reduce the amount of damaged items sent out and speed up picking and packing.

Currently, the online marketplace’s