Topic
marketplace
E-Commerce & Marketplaces Vinted taps DHL's Germany collection points to expand second-hand marketplace
Vinted has partnered with DHL to integrate Germany's largest parcel network, including Packstations, Poststations, and DeinFach lockers, into its platform. The partnership aims to make peer-to-peer second-hand transactions as convenient as retail e-commerce, with a focus on locker-to-locker shipping. DHL plans to expand its automated network to over 30,000 locations by 2030.
E-Commerce & Marketplaces Etsy Is In Its Flop Era, and Sellers Are Fleeing
Longtime Etsy sellers are leaving the platform in droves due to an influx of AI-generated art and drop-shipped goods, which have caused sales to plummet by up to 98% for some vendors. In response, a new crafts marketplace called Fybe will launch on August 1, explicitly banning AI and drop-shipping.
E-Commerce & Marketplaces Tea Board to Launch Web-Based Auction Platform on June 30, Migrating from NSEIT System
The Tea Board will launch a new web-based tea auction platform on June 30, developed by Tradeforge Technologies under a Build-Own-Operate model. The platform will first go live in Kolkata for Sale No. 27, with a phased rollout to other auction centres. Existing auction processes remain unchanged, but the new system promises improved security and cost-effectiveness.
E-Commerce & Marketplaces StubHub UK Ordered to Refund Over 50,000 Customers and Pay £900,000 Fine for Hidden Fees
StubHub UK has been ordered by the CMA to refund more than 50,000 customers and pay a £900,000 fine for failing to display mandatory fees upfront. Each customer will receive an average of £10 per transaction. This action is part of the CMA's broader crackdown on drip pricing under the new Digital Markets, Competition and Consumers Act.
E-Commerce & Marketplaces Ticket Reseller StubHub Fined £900,000 by UK CMA for Hidden Fees; Customers to Receive Refunds
The UK Competition and Markets Authority (CMA) fined ticket reseller StubHub £900,000 for failing to display total prices upfront, including hidden fees. More than 50,000 customers are expected to receive refunds averaging £10 per transaction. The CMA warned that hidden fees are illegal and unfair to consumers.
E-Commerce & Marketplaces Ex-Anduril Engineer Raises $42M to Build the Amazon of Composite Parts for B2B Manufacturing
Layup Parts, a startup founded by former Anduril engineer Zack Eakin, has raised $42 million in Series A funding to build a digital marketplace for custom composite parts. The company aims to streamline ordering of carbon fiber and fiberglass parts, similar to how Amazon simplifies consumer purchases, targeting B2B customers in motorsports, design, and manufacturing.