Temu Joins the Cross-Border Commerce Europe
Chinese e-commerce platform Temu has become a member of Cross-Border Commerce Europe (CBCommerce), referred to as the Brussels-based “European Cross-Border Commerce…
Topic
Marketplaces
A hub for insights, trends, and strategies shaping the future of online marketplaces and e-commerce platforms.
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Drone Attacks on Wildberries Warehouses Continue: Sellers’ Losses Could Reach $3.5 Billion
Wildberries, one of Russia’s largest online marketplaces, has come into the spotlight following new attacks in which unmanned aerial vehicles reportedly belonging to…
Amazon Announces Second-Quarter Results: Revenue Reaches $200.6 Billion
Amazon announced its financial results for the second quarter ended June 30, 2026. The e-commerce and technology company’s net sales increased 20% year over year, rising…
Temu Accused by the EU of Obstructing an Investigation: Fine of Up to 1% of Annual Turnover on the Agenda
The European Commission announced its preliminary assessment that the e-commerce platform Temu failed to cooperate sufficiently with the authorities during an…
Ozon’s Tatarstan Warehouse Evacuated Following Drone Attack Alert
Russia’s second-largest e-commerce company, Ozon, evacuated its logistics center in the city of Zelenodolsk in the Tatarstan region due to the threat of a Ukrainian…
Amazon Tops the Fortune Global 500: Walmart’s 12-Year Leadership Comes to an End
Amazon ranked first on the 2026 Fortune Global 500 list, bringing Walmart’s 12-year leadership to an end. The company, which operates in the fields of e-commerce, cloud…
New Drone Attack on Wildberries: Facilities in Penza and Udmurtia Targeted
New drone attacks have been added to those targeting Wildberries, Russia’s largest e-commerce platform. On the night of July 30, approximately 200 employees were…
Shein Reports a $99 Million Loss Following the U.S. Customs Regulation
China-based fast-fashion and e-commerce platform Shein reported a net loss of $99 million in the first quarter of 2026 following the removal of the customs duty…
Eight Wildberries Warehouses Hit in Four Drone Attacks Within One Week
Wildberries, one of Russia’s largest online marketplaces, faced four separate drone attacks targeting its logistics facilities in different regions of the country…
Meta Introduces the “Seller” App for Facebook Marketplace Sellers
Meta has launched a new app called “Seller,” developed for users who sell products through Facebook Marketplace. Equipped with AI-powered tools, the app brings together…
Amazon Decides to Layoff Employees in Its Artificial Intelligence Unit
Amazon has eliminated some positions within its Artificial General Intelligence (AGI) organization, which works on advanced artificial intelligence models. The company…
Major Fire at Coupang’s Logistics Center Brought Under Control After 61 Hours
A major fire that broke out at a logistics center in Incheon belonging to South Korean e-commerce company Coupang was brought under control after more than 61 hours of…
EU Imposes Record Fine on AliExpress: €550 Million Penalty for Illegal Products
The European Commission fined AliExpress €550 million on the grounds that it failed to adequately assess and mitigate the risks related to the sale of illegal, unsafe,…
Rakuten France Is Shutting Down Its E-Commerce Operations in Europe
Rakuten France, one of the long-established platforms in the French e-commerce market, will permanently cease operations at the end of 2026 after sales negotiations…
Uber Agrees €13 Billion Acquisition of Delivery Hero to Create Global Delivery Powerhouse
Uber has agreed to acquire Delivery Hero in a landmark €13 billion transaction that will significantly reshape the global food delivery and quick commerce industry. The…
More Than Half of Eurozone Consumers Have Shopped on Chinese E-Commerce Platforms
The European Central Bank’s Consumer Expectations Survey, conducted in April 2026, revealed that more than half of consumers in the euro area had made at least one…
Hepsiburada’s Majority Shareholder Kaspi.kz Acquires Rabobank A.Ş.
Kazakhstan-based technology and e-commerce company Kaspi.kz announced that it has completed the acquisition of fully licensed Rabobank A.Ş., which operates in Türkiye.…
Amazon Leo to Launch Satellite Internet Service in South Africa in 2027
Amazon Leo, Amazon’s low Earth orbit satellite internet network, has signed an agreement with Herotel to connect households and small businesses in rural areas of South…
Fast Retailing’s Global Brands Lag as GU Delivers Strong Q3 Growth
Uniqlo Continues to Drive Group Performance Fast Retailing posted another solid quarter for fiscal 2026, with Uniqlo remaining the company’s primary growth engine across…
Majid Al Futtaim Unveils Premium Carrefour Market Concept as UAE Grocery Retail Evolves
DUBAI, UAE – Majid Al Futtaim has launched its first premium Carrefour Market concept in the United Arab Emirates, introducing a redesigned supermarket format that…
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