All Marketplaces & E-tailers articles – Page 2
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ArticleAsian sneaker marketplace Novelship secures $9.5 million in Series B funding
Novelship, a Singapore-based marketplace founded in 2018, has received US$9.5 million in its Series B funding round led by East Ventures, iGlobe Partners and GSR Ventures. The company said the new funding will accelerate its efforts to strengthen its brand presence across Southeast Asia. This includes improving logistics capabilities, refining ...
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News briefsZalando launches Stories
Source: Zalando Storys on mobile In close collaboration with Highsnobiety, Zalando has introduced “Stories” on its platform. Curated editorial content is seamlessly linked to the shopping experience in visual formats, such as short videos, and is intended to serve as a new source of inspiration for customers. ...
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News briefsBoth Zalando CEOs extend contracts
Zalando founders Robert Gentz and David Schneider will continue to lead the company as co-CEOs. The Supervisory Board made this decision at its regular Q3 meeting and extended both contracts by another four years until December 2027. Gentz and Schneider will drive the strategy to establish Zalando as the first ...
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News briefsZalando appoints VP of Sustainability and Diversity & Inclusion
Source: Zalando Pascal Brun Online retailer Zalando has hired Pascal Brun, a renowned expert in the textile and apparel industry, as its new Vice President of Sustainability and Diversity and inclusion (D&I). In his role, he will report directly to Padmaja Bommareddy, SVP of Corporate Development. The ...
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News briefsAlibaba.com launches “Super September”
Since Sept. 1, the global B2B e-commerce platform Alibaba.com has been running “Super September,” its biggest B2B sales event of the year. Super September brings together more than 40 million buyers and 200,000 sellers from around the world to discover new products and services and shop more securely online. More ...
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News briefsU.K.-based sneaker reseller Laced expands to Europe
Laced is now available to buyers and sellers in Europe. The London-based online platform has also launched dedicated German and French language websites. According to a report by Footwear News, Laced will grow its current staff of 80 employees by at least 25 percent, with new jobs on the continent ...
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News briefsJudge in Nike vs. StockX orders defendant to disclose additional information about counterfeit sellers
U.S. Magistrate Judge Sarah Netburn has ordered the resale platform StockX to reveal additional information about users who sold counterfeit sneakers through the platform. Nike specifically asked how many sales these users completed, as this element could help assess the level of scrutiny StockX applied in facilitating their sales. StockX ...
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News briefsAmazon’s Marketplace remedies satisfy UK regulators
The Competition and Markets Authority (CMA), the British competition watchdog, said the offer from Amazon to change the way it treats third-party sellers using its Marketplace platform in the UK addressed its competition concerns. “The CMA’s preliminary view is that the offer from Amazon addresses its competition concerns, and ...
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News briefsGlobal demand for “Made in China” increases on Alibaba.com
Chinese online wholesale marketplace Alibaba.com reported on its blog that cross-border demand for “Made in China” goods on its platform rose 33 percent year-on-year in the first half of 2023. Cross-border trade with Europe and the United States partially recovered through Alibaba.com between January and June, supporting continued rapid growth ...
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ArticleSean Combs launches US e-commerce platform for black businesses
Source: Empower Global Sean “Diddy” Combs, Chariman of Combs Global US rapper, producer, entrepreneur and designer Sean “Diddy” Combs has launched Empower Global (EG), a curated e-commerce platform (for U.S. customers only) that allows consumers to discover and purchase products created and sold exclusively by black entrepreneurs, ...
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News briefsJapanese gain better access to sports merch on Rakuten
License Global reports that Fanatics has opened its first online marketplace in Japan, on Rakuten Ichiba, operated by global Internet services provider Rakuten Group, to provide fans across Japan with access to licensed sports merchandise. Japanese sports fans can access Fanatics’ range of licensed sports merchandise here. The store currently ...
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News briefsAmazon to bring first Rivian electric delivery vehicles to Europe
Amazon has announced the launch of new customized electric delivery vehicles in Europe from Rivian, a publicly traded U.S. electric car manufacturer based in Plymouth, Michigan. More than 300 of these vehicles will enter service in Germany – in the Munich, Berlin and Düsseldorf areas – in the coming weeks. ...
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News briefsZalando is Lululemon's choice of marketplace in Europe
Canadian direct-to-consumer brand Lululemon has chosen Zalando as its preferred online partner for Europe, launching its products on the online fashion and lifestyle platform on June 29. As of now, Zalando customers can buy the brand’s apparel and accessories in several markets. Founded in Berlin in 2008, Zalando today offers ...
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News briefsAmazon to invest $26 billion in India business
Amazon said it wants to significantly increase its investment in India by 2030. After CEO Andy Jassy met Prime Minister Narendra Modi in the U.S. last week, Jassy said he wants to put $26 billion into the country, adding $6.5 billion to planned new investments. An exact breakdown of the ...
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ArticleAfter Mexico, Shein plans to roll out in Europe’s larger markets
Shein, the Singapore-based fast-fashion online retailer, announced that it is expanding its marketplace to Mexico, and that launches in Germany, Spain, France and Italy “will soon follow suit.” The marketplace was previously rolled out in Brazil and the U.S. Shein noted that the local marketplaces offer products from third parties ...
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News briefsTmall pilot launches in Spain
As reported by German magazine WirtschaftWoche and other media, Alibaba has started to enter the European market with the first pilot of its B2C marketplace Tmall in Spain. Following Alibaba’s recently announced split into several divisions, one of them will be exclusively dedicated to internationalization. It remains to be seen ...
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News briefsGoogle introduces generative AI virtual try-on tool
In an attempt to replicate the online fitting room experience, Google has introduced a new generative artificial intelligence virtual fitting tool available through its search engine. It can initially only be used for women’s tops and only in the U.S. Shoppers can click on products with a “Try On” badge ...
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News briefseBay expands authenticity service to kids’ sneakers in the U.K.
Online marketplace eBay has announced that it has expanded its Authenticity Guarantee program to cover new and pre-owned kids’ sneakers sold in the U.K. for £100 or more. The company said that eligible sneakers in infant, toddler and kids’ sizing will go through the same process as adults’ shoes at ...
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News briefsStockX rejected $30 million worth of fake sneakers over the last 12 months
Detroit-based resale platform StockX has released a new report with data on its latest verification advancements and metrics. According to the document, titled Big Facts: The Verification Report, StockX rejected nearly $90 million worth of products that did not meet verification standards over the last 12 months. The most cited ...
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News briefsAmazon collaborates with the Ellen MacArthur Foundation on circular economy initiatives
Amazon has announced that it is collaborating with the Ellen MacArthur Foundation, an international charity dedicated to creating a circular economy, as a strategic partner. A key area of focus for the collaboration will involve the certifications for products with circular attributes, said Amazon. Along with the foundation, Amazon is ...
