Amazon is launching a new budget store to compete with Temu and Shein. The store will sell items like $20 sofas and $8 jewelry. Products ship from China, taking 9-11 days. Fulfillment fees for sellers are lower than Amazon’s main platform.

Zepto, India’s quick-commerce startup, is set to raise $100M from local investors, marking its third funding round in six months. The investment, led by Motilal Oswal, maintains its $5B valuation. Zepto has raised over $1B recently.

Accel is set to invest $30M-$40M in India’s Truemeds at a $330M valuation. The 6-year-old online pharmacy disrupts medicine delivery by offering affordable generic alternatives to costly branded drugs. Amid industry upheaval, Truemeds’ digital platform targets chronic patients in remote areas, providing online consultations and delivery. Rivals like PharmEasy have seen valuations fall, from $5.6B to below $600M.

Alibaba’s international arm has launched a new version of its AI-powered translation tool, which it claims is superior to Google and ChatGPT. With 500K merchants using it across 15 languages, the tool is set to help sellers increase international sales.

Glovo introduces social features in its app, enabling users to share restaurant picks, follow friends for food recommendations, and interact with restaurateurs. CEO Oscar Pierre says 35% of users struggle to decide what to order.

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.

OnBuy, a UK-based e-commerce marketplace, will expand to 14 EU countries by 2024, and enter North America in 2025. With a £2.5M investment and a Google Cloud partnership, OnBuy aims for 10x growth, offering cashback and a customer-first experience.

Roy Perticucci will step down as Allegro's CEO on June 26, 2025, transitioning to a special advisory role. The Board will initiate a search for his replacement. Perticucci, who joined in September 2022, has a strong background at Amazon in logistics.

JD Logistics will double its overseas warehouse space by 2025, growing from 10M to 20M square feet. The company aims to expand in the U.S. and Europe, with 24-hour fulfillment and increased international cargo flights.

ClearCourse has acquired GOb2b, a B2B eCommerce platform. ClearCourse's CEO praised the deal as a milestone. The company has made 40+ acquisitions since 2018, including the recent CSY Retail Systems. GOb2b’s 20+ years of experience aligns with ClearCourse’s strategy.

Asda teams up with Virtualstock to expand its online product range through a dropship marketplace. Decathlon is the first major brand onboarded, offering sporting equipment. Asda plans to onboard more sellers in the coming weeks.

Mercado Libre sold a record 20M products in Argentina in August. Growth in nonessentials like notebooks (up 173%) and TVs (up 59%) led the charge. Loans increased 69%, with SME financing up 62%, driving digital payments higher.

DoorDash has expanded its partnership with Wegmans across six states and added four new local grocers to its marketplace, including Kowalski’s, Mar-Val, Geissler’s, and Milam’s. This is part of DoorDash's continued effort to grow its grocery delivery services and diversify beyond restaurants.

Waitrose has signed a multi-year deal with Just Eat to expand in the on-demand grocery market. Customers will enjoy 30-minute deliveries from 229 stores, while Waitrose's weekly on-demand sales have soared 140% in 2024.

Wolt has supported €19B in economic activity across its markets. It generated €15B for merchants and €3B in earnings for couriers. Today, Wolt delivers almost everything, with grocery sales hitting €1B annually.

Lidl plans to relaunch in the U.S. on Oct. 16, investing $15M in a marketing campaign. The chain, with around 170 stores, aims to boost recognition, which currently stands at just 58%. Lidl’s growth lags behind competitors like Aldi.

Fast Retailing, owner of Uniqlo, saw a 27% profit rise to $3.5B as sales jumped 12% to $19.5B. Global demand, especially in the US and Europe, drove growth, despite China underperforming. Uniqlo's viral products fueled its success.

Yves Rocher’s marketplace launched on Sept 23, expanding its e-commerce with 12+ partner brands. With the aim of growing to 50 brands soon, this move could double online sales in the next 3 years.

eBay Foundation awards nearly $3M to 31 global nonprofits, including Defy Ventures, Hatch Enterprise, and Global Sisters. These organizations support entrepreneurship for historically excluded groups across the U.S., U.K., and Australia.

AliExpress now allows Polish sellers to offer products worldwide, simplifying logistics and translations. This opens new markets for small and medium Polish companies. Experts predict it will boost competition and offer consumers more choices.

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.

ShipTop secured $500K in seed funding led by Dino Verbrugge and Jared Vegosen of DV Trading. The funds will improve ShipTop's eCommerce fulfillment tech and support expansion, including eco-friendly solutions. CEO Ash Jamshidpour aims to revolutionize logistics.

HungryPanda, a food-delivery app for the Chinese diaspora, raised $55M at a $500M valuation. The funds will boost expansion into groceries, acquisitions, and AI-powered tech upgrades. HungryPanda has 6.5M customers, 100K merchants, and operates in 80 cities.

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.

Online retailer Galaxus starts building its largest logistics center in Neuenburg am Rhein. 1,000 new jobs will be created by summer 2025 to support its growing operations in Switzerland and Germany.

Wolt and Alnatura partner in Germany, offering 600+ products through Wolt Market. Alnatura discontinues its own service as part of a strategy shift. Deliveries will happen in 35 minutes, expanding into Berlin.

Showroomprivé has launched its marketplace in Belgium. After seeing 85% growth in France in 2023, the company is testing international expansion. Spain and Portugal are next in line, with launches expected by the end of 2024.

Vinted Pro has launched in the UK, allowing businesses to sell on the platform. Key features include free listings, mandatory 14-day returns, and access to an API for larger-scale sellers. Professional sellers must display their business info.

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.

Polish e-commerce giant Allegro has expanded into Hungary, marking another step in its Central European growth. Allegro's move follows its entry into Czechia and Slovakia, where it gained 2.5M buyers. Hungary adds a 10M client potential.

Amazon Prime's new show, "Buy It Now," lets contestants pitch products to an audience and celebrity panel. Winning products will be sold on Amazon's special storefront. One winner per episode also takes home a $20K prize. The show premieres October 30th.

Amazon expands its “Climate Pledge Friendly” label to Belgium and Sweden, making sustainable products easier to find. Belgian customers get access to 70K products. Faict promises faster growth, aiming to help consumers make greener choices.

Distribusion, a Berlin-based ground transportation marketplace, raised $80M in Series C funding led by TQ Ventures. The company aims to expand globally and enhance its technology. Distribusion already supports 2,000+ transport companies and partners with 150+ distributors like Google and Booking.com.

ShipTop, an eCommerce fulfillment platform, secured $500K in seed funding from DV Trading co-founders Dino Verbrugge and Jared Vegosen. The funds will enhance ShipTop's technology, expand services, and support eco-friendly shipping. Founded in 2021, the company aims to revolutionize logistics for online merchants.

German retailer Kik pushes forward with its digital expansion by launching a new online store in Czechia. This follows a successful start in the Netherlands. Kik plans to link its online and offline presence, aiming for 5K stores across Europe.

Cariqa, a Berlin-based startup, raised $1.1M to create the first consumer-facing EV charging marketplace. By connecting EV drivers directly with charge point operators, it promises transparent pricing and better utilization of 420K stations across Europe.

Next buys a 16% stake in Rockett St George for £800K. The deal strengthens their existing partnership and brings Next onto Rockett St George’s board. The investment is set to help the homeware brand expand its product range and customer base.

Iceland partners with Deliveroo to offer 25-minute delivery across the UK. Starting from 53 stores on September 25, the service will expand to 800 stores by the end of October, offering over 3,000 products, including exclusive brands and value ranges.

Not On The High Street partners with Deliveroo to offer over 1,000 gifts from small brands across London, with deliveries in 25 minutes. The initiative supports small UK businesses and expands Deliveroo's growing "Deliveroo Shopping" service.

DoorDash introduces the DoorDash Commerce Platform, offering merchants tools to manage and grow their businesses across in-store and online channels. The platform includes features like branded mobile apps, AI-powered phone ordering, and a revamped Business Manager App.

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.

Mytheresa is boosting its Chinese presence with a new brand name '美遴世' and a WeChat Mini Program, aiming to strengthen its position in the luxury market. This move comes as other Western retailers are exiting the region.

Tesco is preparing to relaunch its F&F clothing range online, marking its return since 2018. The new digital offering will complement Tesco’s marketplace, which launched in June. This move follows F&F’s exit from Next’s site earlier this year.

Reliance's AJIO partners with H&M to enhance its online presence and expand its international brand portfolio. H&M offers over 10,000 styles, starting at ₹399, across womenswear, menswear, kidswear, and home décor, including the A/W 2024 collection.

Fast Retailing's GU launched its first USA store in New York's SoHo, marking its expansion beyond Asia. The 950 sqm store offers trendy, affordable items. GU also unveiled a collaboration with Japanese brand Undercover & launched online shop + app for the US market.

Zalando has unveiled a new unified platform called "Zalando Partner" to centralize its partner services, including wholesale, marketing, and logistics. This move aims to enhance the usability of its offerings and foster a leading European fashion ecosystem.

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.

Cayena, a Brazilian B2B marketplace for wholesale food supplies, raised $55M in a Series B round led by Bicycle Capital. Other investors include Picus Capital, FEMSA Ventures, and more. The funds will help Cayena expand its reach to 500 more cities in Brazil.

B&Q, part of Kingfisher Group, achieved 40% marketplace participation on diy.com in H1 2024. With 1.5M products and £157M in GMV, the platform saw a 78% YoY growth. Kingfisher's broader strategy includes rapid marketplace expansion in Iberia and France.