Checkout.com reports crypto is less than 4% of its volume, focusing on e-commerce and fintech. The company saw 40% growth last year, with valuation now at $9.35B. It recently launched new products and plans to expand into Brazil and Canada.

SportsShoes.com achieved a 22% increase in international sales and a 17% rise in European customers. The e-tailer plans to expand into new markets like Poland, Belgium, and Switzerland.

UK fashion giant Boohoo is reportedly considering divesting brands such as Debenhams and Karen Millen to boost value, as its stock has plunged 85% in five years. With declining market share and competition from Shein, a business split might help refocus.

Shopee, Tokopedia, and others in Southeast Asia are increasing seller commissions, with fees rising up to 10%. Merchants are unhappy but staying, facing higher margins. Shopee remains the largest e-commerce platform, holding 48% market share.

eBay drops seller fees in the U.K. for most products to combat competitors like Vinted and Depop. This move, already successful in Germany, aims to boost C2C sales. Fashion resale is growing fast, with the global market hitting $197B last year.

DoorDash partners with local companies in Austin and Fresno to pilot a new model where delivery workers are W2 employees, earning hourly wages, benefits, and reimbursements. This experiment contrasts with DoorDash's traditional gig-worker approach, representing a significant shift in the delivery service industry.

Mondelēz introduces a new AI-powered platform to boost global marketing and tap into consumer trends. The platform, developed with Accenture and Publicis Groupe, aims to speed up content creation, personalize messages, and drive innovation.

Nike CEO John Donahoe will step down on Oct. 13, to be succeeded by company veteran Elliott Hill. Hill, who retired in 2020, brings 32 years of Nike experience back to the role. Nike’s shares surged 8% in after-hours trading following the announcement.

Asos is cutting over 200 head office roles as part of a major restructuring effort. This comes after the retailer reported a $120M loss in the first half of 2024. The tech team is most affected, but new roles are being created.

Shein's Swiss platform now offers products from major brands like Adidas, Nike, and Tissot. This move follows a trend of increasing brand availability on Shein's platforms, sparking concerns among the brands themselves. Prices on Shein are significantly lower, drawing comparisons to Amazon's past controversies. While Germany lags, the Swiss site stands out for its high-quality presentation and broader range, raising questions about Shein's growing influence in the online fashion market.

Alibaba commits US$142M to cover delivery fees for Hong Kong Taobao users on orders over US$14. This Q4 initiative targets key categories like fashion, electronics, and skincare, with over 800 pickup stations available.

TikTok expands its Subscription feature beyond LIVE creators, enabling non-LIVE creators to offer exclusive perks and content to their followers. The feature rolls out in select regions with plans to expand globally. Creators can choose from various tiers, offering benefits like private communication channels, exclusive content, and community identifiers. To qualify, creators need 10K followers and 100K video views in the past month. The move comes as TikTok discontinues its music subscription service, focusing on partnerships with major streaming platforms like Spotify.

Amazon CEO Andy Jassy announced a 5-day return-to-office (RTO) mandate, sparking dissatisfaction among employees. An internal survey reveals strong opposition, with concerns about collaboration and the risk of brain drain. Will Amazon listen?

Walmart is launching its first Holiday Deals event from Oct. 8 to Oct. 13, with Walmart+ members receiving 12-hour early access. The event coincides with Target's Circle Week and Amazon's Prime Big Deal Days, intensifying the competition among retailers.

Migros is in the middle of a major restructuring, leading to the closure of several online stores. The Café Royal online shop will close on September 25, 2024. Other closures include SportX, which will cease operations by February 2025, and Bike World by March 2025.

Expedia's new Travel Shops feature over 100 shoppable stores curated by influencers and brands. This exclusive launch, involving names like Jaime Camil and Virgil Van Dijk, offers users a way to book travel experiences directly from social media. By 2025, more creators can join, aligning with a growing trend in social commerce seen on platforms like TikTok.

Axel Springer’s media assets, including Politico and Bild, will split off in a €13.5B deal. KKR takes control of classifieds, while Mathias Döpfner and Friede Springer lead the digital news arm. The deal aims to create a global digital media giant.

Etsy launched Etsy Insider with free shipping, aiming to increase growth. New features like Gift Mode and improved search tools are designed to boost sales, app usage, and customer loyalty.

SupplyX, launched by the Otto Group on September 13th, aims to optimize global supply chain management. With roots in Otto Group Logistics GmbH, it promises enhanced customer-centric services in e-commerce, freight forwarding, and supply chain resilience.

Mytheresa saw a 9.8% increase in net sales in 2024, reaching €840.9M. However, the gross profit margin fell to 45.7%, down from 49.6% in 2023, leading to a 6% drop in share prices. The luxury retailer expects further growth of 7-13% in 2025 but continues to face challenges in balancing supply and demand in the market.

Amazon will reduce Fulfilment by Amazon (FBA) fees by up to £1.60/€1.87 for small oversize items. This fee cut impacts UK, Germany, France, Italy, and Spain from September 16, 2024. The goal is to expand the range of small oversize products available on Amazon's platforms by lowering seller costs.

Flink raises $150M, valuing the company at nearly $1B. The Berlin-based startup will use the funds to focus on Germany and the Netherlands, projecting $600M in 2024 revenue. The funding includes $115M in equity and $35M in debt.

Myntra, India's largest fashion e-commerce platform, is testing 4-hour delivery in select cities. This move is part of the company's strategy to compete in India's booming quick commerce market. With plans to expand nationwide by the end of the year, Myntra is responding to changing consumer demands and increased competition from quick commerce startups.

Amazon's Buy with Prime now accepts PayPal for payments. Starting next year, Prime members can link their Amazon and PayPal accounts for seamless checkout. Despite reported growth, some experts argue that Buy with Prime remains niche.

Innovative Food Holdings is selling igourmet.com for $700K plus $350K in liabilities. After years of losses, the company is refocusing on its retail cheese business to improve profits. CEO Bill Bennett sees big potential.

Migros approves a multi-year budget for Galaxus to expand its European operations until 2029. With a focus on Germany, Galaxus plans to build on its success, already serving 2.5M customers and generating $286M in sales.

Instacart aims to convert 25M annual users into monthly shoppers, driving up order frequency. CEO Fidji Simo sees a chance to increase average purchases from 11 to monthly. The company leads in large basket share at 70% of the market.

Instacart is growing by adding emerging brands to its ad base and expanding retail partnerships. CEO Fidji Simo said these moves, announced Sept. 12, could double the growth rate of retailers launching new services with Instacart.

H&M is launching its ‘Pre-Loved’ concept in France and Belgium, featuring second-hand pieces in its Antwerp and Paris flagship stores starting September 12. In parallel, H&M is modernizing 18 stores and improving its website for a seamless shopping experience.

Zalando evolves its Plus programme, now free to join, with a points-based system. It rewards purchases and other actions, unlocking benefits like birthday vouchers. After a successful test in Spain, it expands to France and Austria.

Boohoo will stop fulfilling U.S. orders locally by Nov. 11, closing its Pennsylvania warehouse just over a year after opening it. The change could cost Boohoo $44.5M in write-offs. The company will now fulfill U.S. orders from the UK.

Asos turned down a £215M bid for Topshop by Shein and ABG, favoring a £135M joint venture with Heartland. This gives Asos distribution rights and future royalties for the Topshop brand, boosting long-term growth.

The Biden administration plans to change the "de minimis" import rule, affecting Shein and Temu. The new proposal will add tariffs and more inspections to their shipments, aiming to protect US workers and businesses.

Alibaba announced it will start accepting Tencent's WeChat Pay on its e-commerce platforms, Taobao and Tmall. This breaks the "walled garden" payment rivalry between Alipay and WeChat Pay. The move comes after JD.com and Pinduoduo already allowed WeChat Pay.

Seven & i Holdings rejected Alimentation Couche-Tard’s $38B offer, calling it too low and risky. The deal could create a 100K-store giant, but 7-Eleven is skeptical. The Japanese firm is open to better offers but warns of regulatory hurdles.

Alnatura shuts down its delivery service on Sept. 30, 2024. The company struggled with technical issues, high costs of electric vehicles, and scattered customers. Alnatura will now focus on its core in-store business.

SPAR Group is selling its struggling Polish division to Specjal for $10M. SPAR will recapitalize the business at a cost of $143M to clear debts. This deal refocuses SPAR on its South African core operations.

Gymshark appoints Sian Keane as chief people officer, while Fabien Versavau is set to take over as CEO of La Redoute. Both brands focus on global growth, with Gymshark transforming into an omnichannel giant and La Redoute strengthening its home and fashion segments.

eBay shifted its global media account from WPP's EssenceMediacom to Dentsu's iProspect. After a competitive pitch involving Havas Media, iProspect stood out with its passion for eBay and an integrated campaign model.

Shift has launched a logistics driver marketplace to serve enterprise clients like IKEA. The service aims to reduce last-mile delivery costs using proprietary tech. This follows the acquisition of Tuffnells and a $6.8M funding round led by Fuel Ventures.

Ikea is piloting a secondhand marketplace called Ikea Preowned in Madrid and Oslo. Users can sell their old Ikea furniture and choose to be paid via bank transfer or an Ikea gift card with a 15% bonus. The trial ends in December 2024.

🔍 Etsy has introduced a new Search Visibility Page for sellers. This tool gives personalized recommendations to improve product listings in Etsy's search results, including tips on images, return policies, and shipping costs.

Instacart's Daniel Danker shares their vision for the future of grocery shopping, centered around AI personalization. New features like personal planograms and digital flyers aim to make grocery shopping more tailored and cost-effective.

Zapp is expanding in London after the exit of rivals like Getir. It has added new stores and is hiring for 20 senior roles. Zapp focuses on premium customers, offering luxury items with an average order value of $50. The company aims for further growth in London.

Revolve, a leader in fashion e-commerce, is now investing in physical stores, starting with Aspen. This move responds to changing consumer behaviors and aims to revitalize growth. Investors are watching closely as the company shifts to a hybrid model.

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.

JD.com’s international division improves shipping services for customers in the US, Japan, and Singapore, reducing costs by up to 50%. Free delivery is now available for qualifying orders, boosting its appeal to global Chinese consumers.

Walmart unveiled three major additions at its 2024 Seller Summit. These include Premium Beauty with 20+ brands, a new pre-owned marketplace with 5M items, and a collectibles category with 0% commission fees until Oct. 31.

Yodel unveils new collection services for SMEs, offering tailored solutions for businesses sending over or under 50 parcels weekly. Following a 200% rise in C2C volumes, Yodel supports the growing £7B resale market in the UK.