Vestiaire Collective's analysis reveals luxury items have lower "price per use" than fast fashion. For instance, a coat from Vestiaire Collective costs €1.62/use, compared to €4.83 for fast fashion. The study indicates pre-owned luxury is three times cheaper.

Cart.com collaborates with Walmart Marketplace to ease seller onboarding and boost sales via advanced multichannel management tools.

Shein, a big online player in the EU with 45M users, now has to fight counterfeit goods within 4 months under the DSA.

Ebay hosts its 1st UK livestream shopping event on May 1, featuring Katherine Ryan’s pre-loved fashion items. Funds raised go to Women’s Health Information and Support Centre charity.

StockX launches immersive shopping app for Apple Vision Pro, featuring 3D sneaker showcase, live market data, and 'Shop the look' feature.

TikTok Shop has introduced secondhand luxury to the UK market, a move that follows its successful venture in the US since 2022, where it has already sold over $1 billion worth of products. This expansion aligns with the global trend of a thriving secondhand luxury market, which was valued at $49.3 billion in 2023.

AliExpress, a Chinese e-commerce giant, increased its South Korean subsidiary's capital by $24.2M on April 24, marking the largest capital boost since its 2023 setup.

Amazon discontinues its drone delivery service in Lockeford, CA, shifting focus to a new facility in Tolleson, AZ. The move aligns with its goals to integrate drones into its broader delivery network.

As streaming costs rise, Mexico's COFECE scrutinizes Amazon and Mercado Libre for potentially anti-competitive loyalty bundles, hinting at consumer impacts.

Shopify, founded in 2006, powers 10% of US online sales, aiming for larger clients with expanded services and higher transaction fees.

Italy fines Amazon $10.6M for default recurring purchase options, affecting consumer freedom. AGCM criticizes Amazon's design, pushing unwanted subscriptions.

Lufthansa Cargo prepares to launch a dedicated route from Frankfurt to Zhengzhou for Temu, with 777F flights thrice weekly, responding to the surge in demand. Critics voice concerns over product quality and environmental impact.

TikTok has 270 days to decide its fate in the US after President Biden signed a new law. Bytedance, its owner, may contest in court, sell, or shut it down.

ProcMart's $30M Series B funding, led by Fundamentum and Edelweiss, powers its growth in India and Southeast Asia. This marks a significant move in the B2B marketplace.

With new funding of €1.5M, Truckoo, the commercial vehicle platform, now includes Austria's WaVe-X, led by the Walter Group, alongside other major German investors.

Finmid, based in Berlin, leverages its embedded fintech solution to empower SMBs with more financing options directly through digital marketplaces. Recently, they raised $24.7M in Series A funding, with a valuation reaching $107M.

Amira Rasool's The Folklore, a B2B marketplace, has raised $3.4M in seed funding led by Benchstrength to help brands from emerging markets scale up and access new resources.

Dr. Ali Kashani, co-founder of Serve Robotics, highlighted the role of AI in urban delivery as they raised $40M through an IPO. Planning major expansions in new cities.

Fy! has strategically acquired Trouva, marking its third change of hands in two years. The deal comes as both companies aim for profitability in a tough economic climate.

OpenAI has appointed Glenn Worthington, ex-Shopify VP, as its new head of support. This move underlines the tightening links between AI and ecommerce.

Alibaba.com aims to boost gender equality in business with a new academy. Starting this fall, 40 women will gain vital skills and networking opportunities.

As Wayfair opens its first physical store in Wilmette, IL, it seeks to enhance its market presence and revive sales amidst a challenging retail environment.

Decathlon USA, responding to market changes, closes its last physical stores. The retailer to expand its online presence and partner with giants like Walmart and Target.

Ikea's training initiative for 3,500 employees in AI literacy aims to embed technology understanding deeply within its culture. This program is a part of Ikea's broader strategy to integrate AI across various business operations.

Etsy's evolution from a handmade haven to a crowded marketplace has doubled its buyer base but alienated artisans. Recent policy changes and SEO strategies are stirring discontent among long-time sellers.

Morgan Stanley recently adjusted their stance in the US e-commerce sector, upgrading eBay while downgrading Etsy, reflecting shifts in their market predictions and strategic approaches.

Amazon's Dash Carts now serve third-party grocers, with Kansas City's Price Chopper and McKeever’s Market testing them since early this year, boosting checkout tech after pulling Just Walk Out.

Carrefour's partnership with Wolt promises a swift 35-minute delivery in 14 major Polish cities. Their strategy focuses on expanding ecommerce clientele and enhancing online shopping experiences.

Following Amazon's step back from "Just Walk Out" tech, Aldi and Grabango test the Aldigo system in Aurora, IL. Cameras and AI monitor shopping without changing store layout, marking a significant shift in grocery shopping.

Deliveroo Plc celebrates a 2% order growth to 73.5M in Q1, with a notable performance in international markets. Meanwhile, Just Eat reports a dip in orders, reflecting ongoing challenges in the sector.

Allbirds received a delisting warning as its stock lingered below $1 for 30 days. The footwear company has until Sept. 30 to boost its share price to regain compliance with Nasdaq.

Getir debates leaving Germany as it faces dwindling sales and presence. Urgent restructuring talks in Istanbul could lead to major market exits by May 2024, affecting jobs and operations.

Kaufland adjusts marketplace fees effective April 30, with a notable rise in small household appliances category. Other categories see minor changes.

German startup Flink just bagged another $106.7M to extend its market stay amidst a sector slowdown. Talks of a merger with competitors could reshape the grocery delivery landscape.

Gopuff's new venture with Misfits Market shows 25% of orders have fresh items, while Grubhub partners with local grocers for expanded service.

VAUDE starts its online second-hand shop in Germany, promoting long-term use and reducing environmental impact. Explore high-quality used products at affordable prices.

Amid survival struggles, Superdry announces a delisting plan from the stock market, focusing on restructuring without closing stores.

Asics' new Nimbus Marai, a fully recyclable running shoe, hit stores on April 12, aiming for a sustainable future. Retailing at $180, the initiative includes a returns program in several countries.

Dr Martens is taking legal action against Temu for allegedly misusing its trademarks in keyword advertising, a move that underscores the complexities of digital marketing and brand protection.

Zalando has challenged the EU supervisory fee's calculation, seeking clarity on the methodology affecting 47.5 million users, amid broader tech regulations disputes.

Shein collaborates with Flexport and ShipStation, enhancing logistics for U.S. sellers and boosting efficiency.

Walmart's new service lets customers order 40,000 types of tires online for installation at 2,300 Auto Care Centers nationwide. This move expands Walmart's reach and convenience, offering a seamless, hassle-free auto care solution.

Shein's persistent interest in acquiring Topshop highlights its strategic moves in the fashion industry. Asos, grappling with losses, considers the sale vital for financial recovery.

Amidst volatile stock fluctuations, Amazon employees express dismay over lower future pay projections, sparking internal debates and official responses.

eBay acquires Goldin, a premier auction house, and sells the eBay Vault to PSA. This strategic move aims to streamline the collector experience and boost confidence in trading card commerce.

Amazon and Italian state railways launch rail service between Italy and Germany, aiming to cut 9,000 tons of CO2 annually. New rail links support sustainable transport in line with EU goals.

Amid an 8% decline in revenue, Otto's resilience shines with a 2% increase in platform sales, backed by an aggressive AI strategy. With 65 AI tools now operational, Otto is redefining e-commerce efficiency in Germany, setting a benchmark for the industry despite a broader market downturn.

The Digital Services Act (DSA) requires providers of online platforms and online search engines to report their monthly active users within the European Union.

The new Amazon Live channel brings 24/7 shopping to Prime Video and Freevee, featuring stars like Lala Kent and Paige DeSorbo. It allows U.S. viewers to buy products seen on their TVs through the Amazon Shopping app.

Last week, we reported a relatively "slow" Q1 for Temu, anticipating turbulence in Q2. However, the latest figures are unexpected...