Wish bans fake discounts, personalised pricing after ACM’s regulations for online sellers
ACM claims that Wish lured customers with large discounts on prices that it probably had not billed.
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Tag: ecommerce
Salesforce Ventures backs Berlin’s conversational commerce platform Charles in €19.5M round: Know more
Charles helps businesses to offer conversational marketing and commerce experiences by integrating chat app APIs like WhatsApp.
European unicorn layoffs: Gorillas lays off 300 employees at HQ; Klarna to let go 10 per cent employees globally
Gorillas will lay off 300 of its team members in order to cut costs and extend the company’s runway.
Amazon’s Dutch rival Coolblue acquires Delft-based ENERGIIQ portfolio company Plotwise
Coolblue claims to be the biggest online retailer in consumer electronics in the Netherlands and in Belgium.
Amsterdam’s Hatch acquired by California’s PriceSpider to build a comprehensive commerce enablement solution
Amsterdam-based Hatch, a leading European omnichannel commerce solutions scale-up, has been acquired by California-based PriceSpider. The acquisition will help Hatch ...
Amazon’s Dutch rival Coolblue achieves a turnover of €2B in 2020; acquires energy company ServiceHouse
Dutch e-commerce scaleup Coolblue, on Wednesday, announced its financial results for 2020. Founded by Pieter Zwart, Paul de Jong, and ...
Jeff Bezos to step down as the CEO of Amazon; here’s the A to Z of this development
Amazon announced that its founder and current CEO Jeff Bezos will transition to the role of Executive Chair in the ...
Italian e-grocery startup Cortilia raises €34M to get fresh local food to people’s homes; also gets transformed into a B-corp
Cortilia is an online grocery delivery company that offers products from local farmers.
Swedish consumer ecommerce giant BHG Group acquires online home decor firm Nordic Nest for €175M
BHG is a consumer e-commerce company mainly operates in the home improvement space, meaning Do-It-Yourself (DIY) and Home furnishings.
German fashion ecommerce company Zalando’s co-CEO Rubin Ritter plans to quit in 2021; here’s why
Cristina Stenbeck announced that the Supervisory Board will work together with Ritter to dissolve his contract, which as of today ...
