Shein factors arrows at Europe

Chinese language trend retailer Shein is seeking to increase in Europe. On the identical time, the corporate’s worth has fallen round 30 p.c. Shein has been beneath scrutiny about its labor situations and environmental affect.

Shein, based in 2008 in

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

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.

“Passkeys are designed to replace passwords and allow seamless logins for consumers across devices

Amazon to hire 5,000 refugees in Europe

Over the next three years, e-commerce giant Amazon will hire more than 5,000 refugees in Europe. It pledged to do that, together with over 40 companies. Together, they will hire, train or connect to work a total of 250,000 refugees.

Alaiko expands into the United Kingdom

The German fulfillment company for DTC e-commerce brands, Alaiko, is launching in the United Kingdom. With its solution, the company wants to help British brands scale domestically and across Europe. In order to do so, they are partnering with a

Wonnda has raised 1 million euros

Berlin-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.

Wondda was founded in early