Zepto raised $350M in new funding, keeping its $5B valuation. It plans to go public in 2025. With 7M daily orders, it eyes $2B in annual sales. But rising costs, regulatory hurdles, and threats to mom-and-pop shops shadow its rapid growth.

Arzooo, a startup helping small Indian retailers, has sold its assets in a distressed deal to Moksha Group. Once valued at $310M, it had raised $90M from notable investors. The terms of the sale were not disclosed by either party.

Zomato expects 30% yearly growth for 5 years, driven by innovation and a market share of 58%. With a gross order value of $3.8B, the company plans an $8.5B QIP in December. Morgan Stanley raises price target to $4.3.

Asos CEO José Antonio Ramos Calamonte saw a 43% pay increase to $1.5M, while the company reported a $481M loss for FY2024. Sales fell 18% to $3.7B. Despite this, Asos highlights progress in profitability and inventory management.

Mytheresa's Q1 FY25 net sales rose 7.6% to $217M, with a gross profit margin of 43.9%. CEO Michael Kliger credits momentum since FY24 Q3. New brand Mei Lin Shi and WeChat program target China. Full-year growth is forecasted at 7%-13%.

PDD's Q3 revenue of $13.7B missed forecasts, leading to a 10% stock drop. Revenue growth slowed to 44%, with intensified competition from Amazon and Alibaba. U.S. trade policies and China's weak economy add further pressure.

Alibaba’s Q3 profits rose 58% to $6B on strong cloud and e-commerce growth. The company also plans a $5B dual-currency bond deal to fund further investments in AI and international expansion. CEO Wu calls AI a “once-in-20-years opportunity.”

Walmart’s Q3 revenue hit $169.6B, a 5.5% rise, with e-commerce sales soaring 27%. U.S. net sales climbed 5%, with 42% marketplace growth. Expedited delivery saw over 30% adoption. Analysts credit store upgrades and a growing ad business for success.

Boohoo raised around £33.3M on November 14, 2024. An additional £6M comes from a retail offer closing soon. CEO Dan Finley highlighted strong shareholder support. The funds will reduce borrowings and strengthen the balance sheet.

Klarna has filed plans for a U.S. IPO, valuing the firm at $14.6B, a rise from $6.7B in 2022. The company reported 27% revenue growth and $66M in profits in August. Expectations point to an IPO within the first half of 2025.

Instacart reported $1.6B in revenue for Q3 2024, with a 10% order growth. The company expects $8.5-8.65B for Q4. CEO Fidji Simo stated ongoing AI investments drive profitability, but investors get cautious.

In the first half of fiscal 2025, Richemont reported €10.1B ($10.7B) in sales, a 1% drop. Their watch division saw a 17% decline, pushing operating profit down to €2.2B ($2.3B). Declines are driven by weak sales in China, down 27% year-over-year.

Talabat, a food delivery service owned by Delivery Hero, is set to launch a $1B IPO on the Dubai Stock Exchange this December. This includes selling 15% of its shares. The firm aims to distribute $100M in dividends by April 2025, rapidly expanding in the UAE and four other Middle Eastern countries.

On Nov 12, 2024, Landmark Group announced a $1B investment to open 400 shops in the Gulf, India, and Southeast Asia. This three-year plan boosts retail by 20% by 2028. Its online sales grow over 20% yearly, says CEO Kabir Lumba.

Zalando partners with Adyen for local payments, enhancing user experience across 15 countries. This partnership promises more secure payment options and higher authorization rates. Key leaders express excitement for improved services.

On 14th November 2024, Assos of Switzerland filed a lawsuit against Asos. The legal battle is over breach of contract. This marks a repeat conflict since Asos paid $25.8M in 2016 to settle previous trademark issues. Assos is owned by TZP Group.

On November 14, 2024, Farfetch's investors reject claims to dismiss a $2.4B securities fraud lawsuit. The plaintiffs allege misleading information by executives led to Farfetch's financial downfall and a plummet in stock value.

On November 15, 2024, Vinted, Europe's largest second-hand marketplace, ruled out an IPO. CEO Thomas Plantenga announced a company valuation of $5.3B, emphasizing expansion into new markets and efficient operations since its founding by Mitkute and Janauskas in 2008.

El Corte Inglés posted $220M profit in H1 FY2024, up 11%. Revenues hit $8.7B, rising 2.3%. EBITDA grew 12.3% to $566M, while net debt fell $205M. Retail sales rose 3.2%, and travel revenues surged 10.3%. All divisions saw gains.

China’s Singles’ Day sales topped $150B, up 20.1% YoY. Alibaba and JD.com showed strong buyer activity. Outdoor gear, pet care, and toys saw the most growth. Analysts expect consumer confidence to improve by late 2025 with more stimulus ahead.

Shopify's Q3 results impressed, with earnings of $0.35/share, surpassing $0.27 estimates. Revenue hit $2.16B, beating $2.12B predictions. GMV jumped 24% to $69.7B. Shares surged 21% as Shopify projected holiday sales growth of 25%.

Delivery Hero reported 9% YoY GMV growth in Q3 2024, driven by a 25% increase outside Asia. Total Segment Revenue grew 24%, with top segments in MENA and Europe. The company raised its FY 2024 guidance to the high end of GMV and revenue projections, estimating $50-100M in free cash flow. CEO Niklas Östberg attributed success to customer-focused offerings like Dmarts and loyalty programs. Delivery Hero maintained a $1.65B cash balance, showing financial strength and expansion potential across Europe, MENA, and the Americas.

Shopify's Finance suite centralizes tools for merchants, combining Balance, Capital, Credit, Tax, and Bill Pay into a single dashboard. With higher APY rewards, cash-back options, and new repayment flexibility, merchants can access up to $2M in capital. Shopify's user-friendly solutions ease tax compliance, loan access, and cash management, helping businesses stay focused on growth without traditional banking limits.

Apple may face fines as EU regulators enforce the Digital Markets Act. The company’s iPadOS has been targeted over compliance concerns, as it restricts app developers and limits user options. Apple’s recent tax woes include a $14.4B payment to Ireland and a $1.8B fine over its App Store practices. Under DMA rules, Apple could be fined up to 20% of its annual revenue. The EU aims to curb Apple’s market dominance, and the potential penalty could set a precedent for tech giants.

Just Eat will lay off 300 employees globally, affecting 2% of its workforce. This move comes after a 3% dip in Q3 sales, largely due to a 12% drop in the U.S. market. The layoffs will impact roles in services, technology, and logistics, among others. Despite challenges, Just Eat says it’s financially healthy and aims to "fuel sustainable growth" by restructuring. Affected employees will receive severance packages and support, as Just Eat prepares for a leaner, more efficient model.

LVMH’s third-quarter revenue dropped by 3% to $20.8B due to weak demand in China and Japan’s stronger yen. Fashion and leather goods sales fell 5% to $9.96B, while wines and spirits dropped 7% to $1.5B. While European and U.S. sales held steady, China's consumer confidence dipped to pandemic-era lows. LVMH’s selective retailing rose by 2%, but analyst predictions indicate a continued luxury market slowdown.

Coupang’s Q3 revenue surged 27% to $7.9B, thanks to growth in new ventures like food delivery and luxury retail. Farfetch, acquired in January, contributed to gains, though it led to a 23% drop in net income. Excluding Farfetch, income hit $108M. Despite a 7% stock dip after the report, Coupang’s shares have climbed 66% this year, driven by its 2023 profits and expansion across Asia.

Asos posted a $379M loss this year, yet CEO Calamonte remains unfazed by competition from Shein or Vinted. Calamonte believes the fragmented market leaves room for Asos’ customer-focused model. He noted a 24% rise in “newness” sales, despite only a 6% increase in stock. Asos will double its “test-and-react” line, aiming to adapt swiftly to trends. The CEO’s focus on Asos’ unique styling, curated brands, and fast supply model signals confidence in the retailer’s position, even as losses widen.

Shein's European sales jumped 68% in 2023 to $8.4B, up from $4.6B. Profit more than doubled, reaching $109M. Shein's Europe-based Infinite Styles serves markets including Belgium, France, and Germany. The company is eyeing a London IPO as it expands aggressively across Europe.

Zalando's Q3 results showed strong gains. Revenue rose by 5% to $2.5B, while GMV climbed 7.8% to $3.8B. B2C sales grew 4.3%, reaching $2.4B, and B2B saw an 11.1% increase. Net profit hit $47M, reversing last year's loss. Zalando confirmed its 2024 outlook, projecting 3-5% GMV growth and adjusted EBIT of $470M. Investments in new brands, logistics in Europe, and the Zalando Assistant help drive engagement and expansion.

Coupang posted $70M Q3 profit, down from $91M last year, despite beating revenue forecasts with $7.87B. Farfetch, acquired by Coupang in January with $500M in capital, is now set to reach profitability sooner than planned, spending less than expected to achieve gains.

Meesho has achieved positive cash flow, becoming the first Indian horizontal e-commerce firm to do so. For the fiscal year ending March 2024, Meesho reported a cash flow of ₹232 crores ($27.6M) and grew revenues by 33% to $905.6M. It also reduced adjusted losses by 97%, showing its competitive edge. Meesho’s growth outpaced India’s e-commerce market, with new users from smaller cities driving 45% of its growth. The e-commerce market, currently seeing fierce competition from quick-commerce firms, expects 120M more online shoppers by 2027, mostly from Tier-2/3 cities.

In 2025, Shein and Temu's growth rates are forecast to drop sharply, as predicted by a Forrester report. Cited issues include quality concerns, nationalism, and rising customer acquisition costs. Recent results show Temu’s missed targets and Shein’s doubling profits, but with IPO delays for Shein and PDD reporting growth as "unsustainable," their outlook remains uncertain.

Stripe's $1.1B acquisition of Bridge Network is a rare win for VCs during a dry IPO market. This deal, announced in October 2024, marks a 200% valuation boost for Bridge since August, rewarding investors like Index Ventures and Haun Ventures. Stripe, known for its payment solutions, aims to strengthen its position in the stablecoin payments space through this deal. The transaction, pending regulatory approval, is expected to close in a few months. Patrick Collison of Stripe calls this a major move in the $160B stablecoin market.

Prosus expects $400M e-commerce profit this fiscal year, up from $38M in 2024. CEO Bloisi eyes more Indian IPOs after Swiggy’s $1.25B filing. In April-Sept, adjusted EBIT tripled compared to all of 2024.

Zomato will raise $1B ahead of Swiggy's $1.4B IPO, shifting the market. This move may help Zomato reduce foreign ownership below 50%, making Blinkit more flexible with its inventory model. Swiggy’s IPO is expected next month.

Poshmark reverses a fee structure change after sellers reported a sales drop. The new fee plan had a 5.99% fee for both buyers and sellers, but sellers saw a decline in purchases. Original fees return on October 24, with rebates offered.

Shein debuts its first credit card in partnership with Stori. Backed by Mastercard, it targets Mexico's market, offering 250 welcome points and double points on Shein purchases. The card aims for financial inclusion with a 99% approval rate.

Alibaba has settled a class-action lawsuit for $433.5M in the U.S. The suit accused it of monopolistic practices. Filed in 2020, the case focused on misleading statements that allegedly impacted investors. A federal judge must approve the settlement.

Storfund has launched its Daily Advance solution with TikTok Shop in the US, offering quicker payouts to sellers. Sellers can now access cash as soon as goods are shipped, halving cash cycles from 14 to 7 days. This partnership aims to enhance seller growth and improve the cash flow of high-growth ecommerce businesses.

Storfund is deepening its collaboration with Mangopay to provide sellers with an embedded wallet solution. This partnership enhances cash flow, offering faster payments and better currency conversion across 50 marketplaces globally, including Amazon.

Apple Pay celebrates 10 years with new features in iOS 18. Users can redeem rewards from Discover cards and use Klarna's flexible payments. Installment loans are available with Affirm in the US and Monzo in the UK, expanding payment flexibility.

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.

Delivery Hero has outpaced Just Eat Takeaway in 2024. Analyst Benjamin Kohnke predicts a 60% upside for Delivery Hero in the next 12 months, while Just Eat will only see a 17% rise. With a focus on profitability, Delivery Hero is positioned for continued growth.

Richemont sold Yoox Net-A-Porter (YNAP) to Mytheresa for $610M, securing a 33% stake in Mytheresa. The transaction is expected to close in 2025. Richemont also provides YNAP a $106M credit for 6 years.

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.

ASOS has sold 75% of Topshop and Topman to Heartland for $176M. ASOS retains 25% and design/distribution rights. The deal may lower ASOS' profits this year but promises long-term growth, including a relaunch soon.

Zalando raised its full-year profit forecast as sales surged 5% in Q3, bringing adjusted EBIT to $95M. Customer base grew to 50M, and gross merchandise volume jumped to $3.5B. The new strategy is paying off.

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.

Invesco raised the valuation of Swiggy to $13.3B. The investment firm owns shares worth $237.24M. Swiggy is aiming for a $1.4B IPO with a valuation range of $13B-$15B. This comes amid market cuts for other Indian startups.