On November 12, 2024, Just Eat Takeaway sold Grubhub to Wonder for $650M, a huge loss. The deal will boost Just Eat's cash flow. Wonder aims to create a super app with Grubhub's partners.

On November 15, 2024, Vinted, Europe's largest second-hand marketplace, ruled out an IPO. CEO Thomas Plantenga announced a company valuation of $5.3B, emphasizing expansion into new markets and efficient operations since its founding by Mitkute and Janauskas in 2008.

Starting November 13, Bol.com will offer refurbished devices like smartphones, tablets, and laptops with a 2-year warranty. Partnering with Fixje, Forza, Leapp, and Renewd, Bol.com aims to promote sustainability and boost the refurbished market.

Miros, based in Tallinn, raised $6.4M in funding led by EBRD and Tera Ventures to enhance its AI visual search for e-commerce. Backed by ex-president Toomas Hendrik Ilves, Miros aims to cut lost sales and improve product discovery. Their tech improves conversion rates, benefiting partners like Jomashop. CEO Heikki Haldre calls it a revolution for shoppers and sellers alike.

Printful and Printify, both Latvian-rooted on-demand printing companies, announced a merger. This move aims to improve efficiency and reach “hundreds of thousands” of users. Financial details are undisclosed, and the leadership assures “clear, transparent” layoffs where roles overlap. Both companies aim to keep brands separate for now but plan to launch a new combined name and management team. The companies have raised $130M and $54M, respectively, from private equity and will continue to expand product offerings.

Romanian online retailer eMAG plans to expand into Moldova in 2025 or 2026, according to CEO Tudor Manea. The timeline follows Moldova's recent EU accession momentum. eMAG has operated in Bulgaria and Hungary since 2012 and 2013, respectively. Customers in Moldova already connect to EU stores through Posta Romana's EUlivrez service, which handles deliveries from European retailers.

Just Eat will lay off 300 employees globally, affecting 2% of its workforce. This move comes after a 3% dip in Q3 sales, largely due to a 12% drop in the U.S. market. The layoffs will impact roles in services, technology, and logistics, among others. Despite challenges, Just Eat says it’s financially healthy and aims to "fuel sustainable growth" by restructuring. Affected employees will receive severance packages and support, as Just Eat prepares for a leaner, more efficient model.

Cirro E-Commerce partners with nShift to simplify global shipping. This integration will automate processes for merchants, enhance tracking, and streamline returns, improving delivery experience for customers. CIRRO’s 30+ country presence and nShift’s 1000+ carrier network aim to give merchants a competitive edge and better customer satisfaction.

Sensei, a Portuguese startup, raised $16.2M to expand its contactless store platform. Led by BlueCrow Capital, this Series A round aims to support 1,000 autonomous points of sale by 2026 across Europe, with a focus on central and northern regions.

Prosus expects $400M e-commerce profit this fiscal year, up from $38M in 2024. CEO Bloisi eyes more Indian IPOs after Swiggy’s $1.25B filing. In April-Sept, adjusted EBIT tripled compared to all of 2024.

Vinted, a second-hand marketplace, raised €340M through a secondary share sale, now valued at €5B. Led by TPG, other investors include Hedosophia, Invus, and more. Founded in 2008, Vinted expanded into electronics and aims for global growth.

Wolt, a Finnish tech company owned by DoorDash, is set to acquire Tazz from eMAG. The deal, expected to finalize in a few months, will help Wolt expand in Romania. Tazz, operating in 35 cities, will transition under the Wolt brand.

Just Eat Takeaway reported a 6% drop in orders in Q3, totaling 211.1M. The U.S. saw an 11% decline despite Amazon deals. Gross transaction value reached $6.7B, below expectations. Management maintains forecasts for 2024, eyeing new sectors.

Ovoko, a Lithuanian marketplace for used auto parts, secured €20M ($21M) in Series B funding. The investment came from Smash Capital, marking its first in Lithuania. The funds will be used for product growth, platform upgrades, and hiring 100 employees.

Ikea opens its first Dutch Plan & Order Point in Leeuwarden, just 650 sqm, focusing on personalized advice. It supports customers with tailored services, acting as an extension of the larger Groningen store, increasing accessibility in Friesland.

Just Eat Takeaway teams up with Lovehoney to deliver sex toys in the U.K., Denmark, and Austria. As food delivery firms diversify, Just Eat leads with this unique partnership. The company has implemented age restrictions to ensure safe ordering.

ChannelEngine’s Vendor Hub introduces a Recovery Management solution aimed at helping Amazon Vendors reclaim 3.5% of their unpaid revenue, amounting to millions in lost profits due to shortages and pricing discrepancies. The tool, part of a larger suite designed for operational efficiency, automates the recovery process and enhances order and catalog management. New features like Sales Analytics and Digital Shelf Monitoring are also in the pipeline, set to launch later this year.

Coolblue, the largest Dutch electronics retailer, plans to invest $161M in expanding its operations in Germany. CEO Pieter Zwart sells 7.5% of his shares to HAL to fund the initiative. 36 stores and 9 delivery depots are planned.

Uber fined $310M for mishandling European drivers' data, including taxi licenses and medical records. The fine follows last year's $10M penalty and was sparked by a complaint from 170 French drivers. Uber plans to appeal the decision.

JPMorgan suggested a mega merger of Just Eat, Delivery Hero, and iFood. Just Eat's CEO joked about the idea on X, referencing the proposed name, JustiFoodHero. The combined companies would create a giant in the food delivery sector.

Vinted, the popular second-hand platform, adds a new electronics category to its app, offering users the ability to buy and sell items like VR headsets, e-readers, and accessories. In 2023, Vinted reported its first profit of $19.2M.

Bol.com has raised its free shipping minimum from €20 to €25, citing rising costs and inflation. This is the first increase in over ten years. The company hopes customers will consolidate orders to reduce shipping movements.

Creatopy, an AI-driven ad creation startup from Romania, has raised $10M in Series A funding, led by 3VC and Point Nine. The platform, used by 5,000 brands and agencies, is focused on scaling and automating ad production. The company sees itself as a key player against competitors like Canva.

Tingit, a Lithuanian startup, has raised $545K to expand its fashion repair marketplace. Currently available only in Lithuania, Tingit plans to scale across Europe. The service simplifies repairs with an app-based video upload process.

Avito Auto's new Garage service helps Russian car owners find spare parts and services using intelligent search. Users enter their car's VIN or registration number to find compatible parts and services. The service is available on both mobile and PC.

The Platform Group AG has acquired a majority stake in Dutch luxury platform Winkelstraat. This move aims to expand TPG's luxury segment and international presence. Winkelstraat, with over 350 luxury retailers and 600 brands, will benefit from TPG's software solutions and market expertise.

Just Eat Takeaway launches a €150M share buyback programme starting 31 July 2024, ending by 31 March 2025. H1 2024 shows a 3% GTV growth, €2.6B revenue, and €301M net loss. Adjusted EBITDA rose 42% to €203M.

Vinted is offering up to $500M in shares, aiming for a $5B valuation. The sale is managed by Morgan Stanley and involves existing shareholders. This comes after Vinted reported its first annual profit and secured new financing.

Maurizio D’Arrigo is Vinted’s new CFO. He has 20 years of e-commerce experience, mainly at eBay. CEO Thomas Plantenga praised his multi-market finance expertise. D’Arrigo replaces Vaidas Urba, who stepped down in 2023.

Bol.com introduces Sponsored Products, better partner tools, and a review policy change. The updates include enhanced ad placement, new platform features for sellers, and compliance with the Digital Services Act. All sellers will access these changes by the end of August.

Trustap raises $5.5M to expand its trusted transaction services for marketplaces. The funding was led by TX Ventures, with co-investors including SeedX and Partners Resolute. This will help Trustap enhance its product features and global reach.

Vinted, a popular clothing resale platform, has been fined $2.6M by Lithuanian data protection authorities for GDPR violations. The fine follows complaints from users in multiple countries, including Poland, about data access and privacy issues.

Allegro has launched 140 One Box parcel lockers in Czechia. This expansion integrates the existing WE|DO services and rebrands them under One by Allegro, aiming to unify delivery services across Czechia, Poland, and Slovakia. The new lockers increase the total pickup locations to over 3,840.

Rohlik Group received USD 170M from investors led by EBRD to expand in Europe. The funds will help enter 15 new cities in the DACH and CEE regions by 2030, boosting Rohlik's profitability and market reach.

Lithuania fines Vinted $2.6M for mishandling user data, following complaints from France and Poland. The company denies the charges and plans to appeal, arguing the fine exceeds current legislation and industry standards.

Catawiki introduces a 'buy now' button to its auction platform. Chief Commercial Officer Frederik de Beer calls it the biggest innovation since Catawiki's founding. This feature allows buyers to purchase items directly up to 24 hours before the auction ends, aiming to increase buyers by tenfold.

Rohlik raised $170M to expand its European grocery delivery service, aiming to launch in 10 new cities by 2030. The funding will also support its tech licensing plans. With 800K customers in 2023, Rohlik's growth continues.

Glovo's Ukrainian services grew 23% compared to pre-war levels. The Spanish company plans more investments, having already invested over €100M in Ukraine. Glovo operates in 37 cities, including new ones in eastern Ukraine. Operations resumed in March 2022 after a brief halt due to the invasion.

Picnic, the Dutch online supermarket, reached its first gross profit since 2015. CEO Michiel Muller credits robotisation, with order processing becoming twice as efficient. However, he warns that net profits aren't expected soon due to ongoing investments.

C&A ends its partnerships with Amazon, Wehkamp, and Zalando. Higher sales but lower margins led to this decision. The retailer will now focus on its own digital channels and 'C&A for you' membership program, which has 4M members.

Ukraine’s Minister of Economy canceled a directive exempting employees of six companies, including Glovo and Favbet, from military mobilization. The directive was questioned for its fairness. The debate highlighted tensions between national security and economic stability.

BuyBay launches You Grade, a SaaS product for retailers to resell returned items in their own distribution centers. This software increases resale profitability and reduces CO2 emissions, extending product life by up to 80% of original value.

Glovo exits Slovenia and Ghana, with final orders on May 10, as part of a restructuring plan. The company also plans to decrease the number of its dark stores, which struggle to be profitable. Currently, Glovo operates in 23 countries.

Vinted, a Lithuania-based secondhand clothing platform, reports a net profit of $17.8M for 2023, a significant rise from a $20.4M loss in 2022, with sales up 61% to $596.3M. The platform now operates in new markets including Denmark, Finland, and Romania.

Bol reported a slight 1% increase in Q1 2024 sales to $1.5B. Third-party sales lag due to Chinese competition. Bol's ad branch and logistics grew by 30% and 10% respectively.

Amazon announces the 2025 launch of Amazon.ie, a store dedicated to Ireland. Over 100 million products, faster deliveries, and easier returns will enhance shopping. The Dublin fulfilment centre supports this, boosting local business and job creation.

The deal includes 17 stores and a strong online presence, totaling $83M in sales last year. Frasers Group also eyes bankrupt Sprinter’s locations in the Netherlands.

In a dynamic expansion, Wildberries and Ozon are set to increase their seller base by 50% by 2024, totaling 700,000. This significant growth is propelled by active, professional sellers on these leading Russian marketplaces.

Claspo's integration with Shopify is set to transform e-commerce with its widget platform, making widget creation a breeze for merchants. With 700+ templates, Claspo enhances user experience and sales globally.

Following a successful pilot, Glovo & e-Mobility Rentals up their eco-game in Bucharest. Their EV fleet now boasts 62 units, slashing CO2 emissions and speeding up deliveries.