Mayd, the Berlin-based medication delivery service, has declared bankruptcy. Founder Hanno Heintzenberg attributes the failure to market challenges and delays in e-prescription implementation. Competitors like Kurando and First A have also exited the market, signaling a broader industry downturn.

Secondhand retailer Momox achieved record sales of $372M in 2023, a 3.2% increase. The book and media sector grew by 7.7%. The fashion segment expanded to France and partnered with About You. CEO Heiner Kroke highlighted secondhand's resilience.

eBay Germany introduces Seller Cockpit Pro improvements, updated messaging system, and new marketing tools. Innovations include an easy-to-use advertising cockpit, product research via app, and eBay Fulfillment enhancements. DHL service and new General Product Safety Regulation preparations are also highlighted.

Recyclehero, founded in 2020 by Nadine Herbrich and Alessandro Cocco in Hamburg, collects old clothes and recyclables from homes in five German cities. They use climate-neutral e-bikes and aim to boost local recycling and reduce waste.

KaDeWe, Berlin's luxury department store, is closing its online shop as part of a restructuring plan. The decision affects 26 employees, who will leave by August's end. KaDeWe shifts focus to in-store business under new owner Central Group.

zooplus, with 17 years in the pet supply industry, will launch a marketplace in November. The Munich-based company aims to expand beyond its 8,000 product range. CEO Geoffroy Lefebvre highlighted their customer-centric approach at Shoptalk Europe.

Delivery Hero is facing pressure from activist investor Sachem Head to become profitable. CEO Niklas Östberg has been emphasizing profitability, but the company’s stock struggles. Sachem Head, holding 3.6%, pushes for board changes, aiming to replace Östberg. Delivery Hero recently sold its Taiwan business to Uber Eats for €878M, part of ongoing restructuring efforts.

Europe's largest food delivery firm, Just Eat Takeaway, teams up with Amazon to offer free delivery for Prime members in Germany, Austria, and Spain. This partnership aims to enhance customer convenience and expand market reach. The service launches through Lieferando in Germany and Austria, and Just Eat in Spain.

OTTO presents its new Circular Collection, featuring 18 items including trousers, tops, and dresses, priced from $20 to $70. All items can be recycled into new fibers. By 2025, OTTO aims for full sustainability and climate neutrality by 2030.

Amazon plans to invest $10B in Germany, focusing on AWS and logistics. The company aims to grow its workforce to 40,000 by 2024, reinforcing Germany as a key market. Recent investments include a $8.8B AWS expansion in the Rhine-Main area.

Otto's fee changes effective August 1: basic fees up from $43.30 to $108, commissions up by 1-8%, hardware sales fees increased from 7% to 13%. Fee adjustments announced for October, sustainable products to see reduced commissions.

Faircado, a Berlin-based AI-powered shopping assistant, raised €3M in pre-seed funding led by World Fund. The funds will help expand into the UK and France and improve image recognition technology. The round included investments from Accel, General Catalyst, and others.

Mondu has raised an extra €30M in debt financing from VVRB, adding to the €20M secured in 2022. This brings Mondu's total funds to over €115M. Founded in 2021, Mondu plans to expand its B2B payment solutions in Europe, supporting retailers like Notebooksbilliger and PCSpecialist.

The Platform Group announced the acquisition of Wehrmann GmbH through GINDUMAC. The deal boosts their GMV forecast to $1.2B and sales to $600M for 2025. CEO Dominik Benner highlights positive market developments and countercyclical strategies.

OTTO releases "OTTO Live Shopping for Apple Vision Pro" on July 12, offering 3D product experiences with LEGO and Miele. Developed by Otto Group Digital Consulting, it promises delivery within 1-2 days in Germany.

Uber opens its platform nationwide to all German taxi companies, facilitating additional orders easily and transparently. This new strategy promises additional income for taxi drivers without membership fees or long-term contracts.

Austrian Post introduces AllesPost Deutschland, a service allowing Austrian customers to use a German address for international shopping. Almost 90% of Austrian online shoppers have faced issues with deliveries. This service aims to solve that.

Douglas partners with Google Cloud to test a new AI Beauty Advisor chatbot. This chatbot provides personalized product recommendations and beauty tips. The current test phase is internal and focuses on improving customer experience.

Migros discontinues FoodNow to focus on core business. Alfies buys Stash, expanding its Swiss presence. Despite 600 partners, FoodNow couldn't meet goals. Stash, active in Zurich and Lucerne, joins Alfies after struggling to break even.

TPG had its best year in 2023. Gross merchandise volume grew to $770M, and sales hit $480M. The number of partners rose to 5,520, and active customers grew to 4.05M. Profitability improved with adjusted EBITDA at $24.7M and consolidated profit at $29.4M.

Mytheresa, a leader in luxury e-commerce, reported a 15% growth in GMV in 2023, reaching $932M. It aims for $1B by year-end with a 3.9% EBITDA margin. The U.S. market saw a 42% GMV increase, driven by targeted events and pop-up shops. CEO Kliger sees bright prospects.

Germany backs ending EU import tax breaks for Shein and Temu. This change could affect their ability to offer low-cost products by eliminating the current €150 exemption, increasing scrutiny on imports, and impacting their business strategies.

At Shopware's Community Day in Schöppingen on May 16, 2024, Co-CEO Sebastian Hamann revealed AI and 3D features. 1,500 attendees saw demos of the Scene Editor, AI Copilot, and Immersive Elements. New B2B tools like Sales Agent were also introduced to enhance sales processes.

Esprit, present in over 40 countries, files for insolvency in Germany affecting 1,500 jobs. High rent, labor, and energy costs, alongside pandemic after-effects and international conflicts, cited as reasons.

Shöpping is expanding into Germany in Q4 2024. This move will allow Austrian retailers to reach German customers and attract EU merchants. This expansion aims to meet the increasing demand for Austrian products in Germany.

Mytheresa's Q3 sales grew by 17.6%, reaching $251.5M. GMV increased by 14.7% to $271.2M. EBITDA soared by 183.8%, and losses were reduced by 41.7%. The CEO highlighted their strong performance in a challenging market.

Zalando is restructuring its management board to enhance B2C and B2B strategies. David Schneider steps into a new role, with David Schröder becoming co-CEO. Changes take effect 1 September 2024, aiming to strengthen market position and customer relationships.

Dr. Carina Popovici used AI to find 40 fake paintings on eBay, including a Monet priced at $599K and a Renoir at $165K. She believes this is just the tip of the iceberg. eBay claims to use AI to block counterfeit items but has not responded to her concerns.

About You Holding SE, a Hamburg-based e-commerce company, saw sales of €1.94B, up 1.6% YOY. Adjusted EBITDA improved significantly, reaching €3.2M after a loss of €137M last year. The net loss reduced to €112.2M, nearly halving the previous year's €229M.

Zalando's first-quarter sales of $2.37M mark a minor drop but show promise of recovery with a net loss improvement from $41.4M to $9.6M. Strong B2C and B2B growth highlighted by a 1.3% margin in adjusted EBIT.

MediaMarktSaturn introduces a sustainable pop-up store in Tübingen on May 2, 2024. This store blends technology with sustainability, offering products like refurbished electronics and advising on eco-friendly initiatives.

Getir, once valued at $7.5 billion, faces closure as its key investor withdraws support. A potential merger with competitor Flink is on the table.

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.

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.

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.

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.

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

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.

CEO Niklas Östberg outlines Delivery Hero's strategy, focusing on grocery delivery's role in 2024 growth and the importance of affordable, quick service.

Kaufland marketplace now extends its digital retail presence to Poland and Austria, leveraging local brand recognition and a lack of competitors in Austria.

OTTO's GMV hit $7.05B in 2023 with a 2% increase, despite a retail downturn. The online marketplace now hosts over 6,500 partners, expanding its EU network.

Secret Sales' strategic acquisition of Dress-for-less, a German retailer with a £85M turnover in 2023, marks a significant move in its European expansion, providing brands a new route to pan-European market control.

German consumer watchdogs flag Temu for questionable tactics, but the e-commerce giant stands firm, claiming EU law compliance and transparency in their operations.

After a rapid rise in the European market, Temu is under scrutiny for misleading discounts and manipulative designs, according to the Federation of German Consumer Organizations. Temu defends its practices, emphasizing fairness and transparency.

After acquiring Gorillas, Getir is now eyeing Flink, the German leader in quick delivery. Talks with Flink are progressing, with its CEO potentially becoming Getir's European head. Flink's need for funds amid rising costs and shrinking demand might seal the deal.

Zalando, partnering with RTL+, introduces an in-stream shopping feature for "Gute Zeiten, schlechte Zeiten" fans. This tech marvel allows viewers to shop directly via the RTL+ app, blending entertainment with instant fashion gratification since March 11th.

Zalando announces a late summer opening for its new outlet in Dresden, promising a shopping haven with up to 70% discounts. Spanning 1,500 square meters over two floors, the outlet brings a unique mix of fashion, beauty, and pre-owned items.

In a bid for a greener future, Otto Group's new climate targets aim for a 42% reduction in greenhouse gases by 2031, endorsed by the Science Based Targets Initiative (SBTi). These efforts align with the Paris Agreement's 1.5°C goal, highlighting Otto's leadership in sustainable market transformation.