(Image Source: hellofreshgroup.com) The HelloFresh Group announced its Q1 2024 results, achieving a record quarterly revenue of approximately €2.07 billion, marking a 3.8% growth in constant currency compared to Q1 2023. The company’s performance was supported by a notable increase in average order value (AOV) by 6.5% on a constant currency basis. Despite a slight overall volume decline of approximately 2.6%, HelloFresh Group maintained growth through increased AOV across North America and International segments. The contribution margin stood at 25.2% in Q1 2024 compared to 26.3% in the same p ..read more

(Image Source: aboutamazon.com) Amazon has rolled out an innovative grocery delivery subscription service now accessible to Prime members and EBT users in over 3,500 cities and towns across the United States. For customers preferring regular grocery purchases—whether through delivery or pickup—this new grocery benefit promises further time and cost savings on Amazon’s extensive array of nearly 100,000 grocery items spanning Amazon Fresh, Whole Foods Market, and local grocery and specialty retailers. Here are the specifics: Prime members in over 3,500 cities and towns across the U.S. can enjoy ..read more

(Image Source: tiktok.com) Music enthusiasts worldwide can now access and purchase tickets for live events featuring their beloved artists directly on TikTok, thanks to the partnership with AXS, a prominent figure in global ticketing. The collaboration promises to bring music fans closer to their favorite artists, with the feature live in the US, UK, Sweden and Australia. Certified Artists on TikTok can utilize the in-app ticketing feature to showcase their AXS live dates and engage with fans worldwide.The integrated feature empowers artists to promote their live performances to both existing ..read more

Do you have a lot of things you don’t use and would like to get rid of them? One way to do it is to sell them again.  And you know what? A lot of people think this way. They sell their used stuff to both get rid of it and make money. So is it any surprise that the resale market is booming? Not really. And today, we’ll tell you more about it. Why is Resale Popularity Growing? So, why is resale becoming more and more popular these days?  First, sustainability. Well, think about it – have you noticed how people are talking more about sustainability and reducing waste lately? It seems li ..read more

Welcome to the first part of our E-commerce Press Review for April 2024! In this edition, we’ll explore the latest trends, news, and insights in the world of e-commerce. Industry developments and best practices are constantly evolving, making it essential to stay informed.  Don’t miss out on the second part of our April 2024 review, where we will examine the e-commerce landscape, featuring exclusive insights and expert opinions. So, without further ado, let’s jump into the first half of this month’s e-commerce highlights! Expanding Horizons: Otto’s Strategic Marketplace Growth Otto is set ..read more

Have any idea why the European online DIY market is thriving like never before? Well, you don’t have to guess, because we have the data for that. Cross-Border Commerce Europe has evaluated online home, garden, and DIY retailers and marketplaces in Europe. The result is their Top 50 Home & Garden, DIY Retail Europe report, which provides statistics and analysis that can help companies navigate and understand this sector.  So, if you want to learn about the most important DIY sector data, dig into the most important insights with us. Why is the European online DIY market thriving? First ..read more

Have you ever wondered about the sheer scale of Amazon’s influence on the global e-commerce landscape?  Since its inception, Amazon has transformed into a behemoth that dominates online retail. But what makes Amazon so universally embraced by consumers worldwide, and how does it maintain its leading position in the e-commerce sector?  Let’s explore the key takeaways and fascinating statistics from Digital Commerce 360 that underscore Amazon’s pivotal role in shaping digital commerce. Amazon: The E-commerce Titan Amazon started its journey in the mid-90s and quickly evolved from a sim ..read more

If you’re into e-commerce in Central and Eastern Europe, you simply have to consider Allegro as your go-to platform.  It’s not just another marketplace – but a proven accelerator for your business growth.  Curious about what makes Allegro so special?  In the article below, you’ll discover the top reasons for this. The Heart of E-commerce Growth Allegro stands at the forefront of e-commerce in Central and Eastern Europe – as it’s driving undeniable growth and market leadership. With an 11% increase in Gross Merchandise Value (GMV) to 54.8 billion and a 19.7% surge in revenue (rea ..read more

Railway stations are becoming stations of the future. The aim is to sustainably improve the quality, capacity and stability of railway operations. But what does this have to do with eCommerce and Future Retail? Find out now how retailers can benefit from the new strategic vision for railway stations. There is a lot to do at our railway stations. With more than 20 million guests at our stations every day, the stations often still cannot meet the standards for that. For decades, too little has been invested in the station infrastructure, meaning that its capacity and quality are often inadequate ..read more

This month in ecommerce, we’ve seen some pretty exciting shifts! From big names expanding into new territories to fresh, innovative approaches that are changing how we shop online, there’s a lot to catch up on. Let’s check the stories that have been buzzing in the digital marketplace. Europe’s B2B Ecommerce Breaks Through with $1.5 Trillion Europe’s B2B ecommerce sector reached a new peak, crossing the $1.5 trillion mark, as reported by Billie, a key buy now, pay later provider. The study unveils that only half of B2B buyers are currently utilizing ecommerce platforms. Yet, in Scandinavia, a s ..read more