Global Ecommerce Weekly News: 1st February 2022

Clea Boyd-Eedle

February 1, 2022

Get up to date with this week's ecommerce headlines from around the globe.


Two thirds of online platforms violating EU’s consumer protection laws with fake reviews

  • The European Commission has found that almost two thirds of online shops are not ensuring the reliability of product reviews, meaning fake reviews are not being moderated.

  • This contravenes EU consumer protection laws, which requires online merchants to provide truthful information to consumers to make informed purchasing decisions.

Read more on Ecommerce News Europe

Farfetch acquires beauty retailer Violet Grey ahead of own beauty launch

  • Luxury marketplace Farfetch has acquired popular luxury beauty site Violet Grey as part of its overall strategy to enter the beauty market.

  • Farfetch plans to launch a beauty section on its marketplace later this year, capitalising on the ongoing success of the online luxury beauty market.

  • According to Farfetch's Chief Customer Officer, Stephanie Phair, the acquisition will expand Farfetch’s product offerings, expertise, and customer base.

Read more on Fashion United

2021 global ecommerce spending figures released by Mastercard

  • Mastercard has released figures on online shopping in 2021 across the globe, revealing the UK to be the biggest spenders in ecommerce at a rate of 30%.

  • Singapore recorded the second-highest online spending figures, at 26.6%.

  • Across the globe, online spending in 2021 decreased from 2020, but across the board was still much higher than online spending pre-pandemic.

Read more on APN News

The Hut Group (THG) sees sales surge to £2.2 billion

  • UK-based ecommerce business THG has seen its revenue grow to £2.2 billion in 2021, a 37.9% increase year-on-year.

  • THG’s sales have also grown 95% compared to 2019, pre-pandemic.

  • These figures come following THG’s first full year as a public company which has been marked with controversy.

Read more on Retail Systems

Pattern releases Tmall Global Benchmarking Report

  • Pattern has just launched its Tmall Global Benchmarking Report, analysing the performance of 40 consumer brands selling on Tmall Global in China.

  • Tmall Global is a cross-border platform, enabling Western brands to reach 100 million active users in China.

  • Jellycat and OUAI Haircare tied for best performance on the marketplace, both scoring 90.8%.

Read more on Tamebay

Yoox launches new European fashion marketplace

  • Italian luxury fashion e-tailer Yoox has announced it would be launching a new European luxury marketplace platform.

  • The marketplace will be available in over 30 countries, offering over 150,000 items, including a number of sustainable brands.

  • Yoox has further plans for global expansion, including to the US, the Middle East, North Africa, and Japan.

Read more on Drapers Online

Instant grocery platform Zapp secures $200 million in latest funding round

  • Zapp has raised a further $200 million in its Series B funding round, with investments from Lightspeed, 468 Capital, and Broadlight Capital.

  • The rapid grocery startup launched in London in 2020, part of the recent boom in on-demand groceries.

  • This new funding will enable Zapp to continue to compete with rivals Getir, Gopuff, Gorillas, and Deliveroo.

Read more on Tech Crunch

Online retail sales in China grow 14.1% in 2021

  • New figures have been released detailing retail sales figures in China in 2020 and 2021, showing a steady growth of retail sales, especially online sales.

  • Online retail sales of physical goods accounted for 24.5% of total retail sales in China in 2021.

  • Demand for luxury consumer goods, i.e. jewellery and cosmetics, grew by 29.8% in 2021.

Read more on China Internet Watch

Research suggests social commerce boom in UK amongst young shoppers

  • A new report has found that 39% of 18 to 35 year olds in the UK use a brand’s social media channels to purchase products.

  • Social commerce, selling through social media platforms, is already a massive market in China, and is reportedly worth around $6 billion USD.

Read more on Charged Retail

Live shopping service launched on M&S.com

  • Marks & Spencer has launched a new live shopping service on its online shopping site.

  • The service will provide online customers with a live broadcast hosted by an M&S expert, providing detailed information about products, answering live questions, and offering product demonstrations.

  • The move is part of M&S’s overall strategy to enhance customer experience and introduce new, tech-driven initiatives.

Read more on Retail Systems

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Sept 6, 2022

Global Ecommerce Weekly News: 6th September 2022

Get up to date with this week's ecommerce headlines from around the globe. --- Amazon News --- Amazon announces new inventory and distribution service, AWD Amazon has launched Amazon Warehousing and Distribution (AWD), providing inventory and distribution services to its sellers as a means of addressing current supply chain issues. AWD is now available for sellers using Fulfilment by Amazon (FBA), i.e. outsourcing their fulfilment to the platform. Amazon has plans to expand the service outside the platform in 2023. [Read more on Charged Retail](https://www.chargedretail.co.uk/2022/09/02/amazon-introduces-new-service-to-help-solve-supply-chain-challenges/) Amazon Web Services (AWS) launches in the UAE AWS, Amazon’s cloud-computing platform offering, has launched its second region in the Middle East and now provides its services in the UAE. The move will now allow anyone in the UAE who utilises cloud technologies to harness AWS’s advanced platforms and APIs. An estimated $11 billion USD is expected to be added to the UAE’s GDP thanks to the implementation, with an average of 6,000 external vendor jobs to be created annually. AWS is now available in 87 zones across 27 regions, with sights set on expanding further across Australia, Canada, India, Israel, New Zealand, Spain, and Switzerland. [Read more on Charged Retail](https://www.chargedretail.co.uk/2022/08/30/amazon-web-services-launches-region-in-uae/) --- Other Marketplace News --- Lazada to launch in Europe Alibaba-owned ecommerce platform Lazada is set to launch in Europe, marking a refreshed internationalisation push from the company. The move follows toughening economic conditions and performance in Southeast Asia, advancing the need to tap overseas markets. In Europe, Lazada will face tough competition from giants like Amazon and Zalando. Lazada’s exact entry strategy is to be confirmed and will be reliant on macroeconomic and market conditions, according to Lazada CEO James Dong. [Read more on DigitalCommerce360](https://www.digitalcommerce360.com/2022/09/01/alibabas-lazada-to-take-on-amazon-zalando-in-europe-push/) Chinese ecommerce giant Pinduoduo to launch cross-border platform in the United States Pinduoduo, a Chinese ecommerce giant rivalling Alibaba and JD, has announced it will be launching a new cross-border ecommerce platform. The marketplace is set to launch in the United States next month, as part of the company’s larger push into new markets. Pinduoduo found success in China thanks to its rock-bottom price offerings and harnessing of social commerce marketing, emulating strategies similar to fast-fashion giant Shein. [Read more on Yahoo Finance](https://uk.finance.yahoo.com/news/pinduoduo-launch-international-e-commerce-034129263.html) Alibaba launches its biggest B2B sales event, ‘Super September’ China ecommerce giant, Alibaba, has now launched its month-long B2B sales event ‘Super September’. The event provides 40 million buyers and 200,000 suppliers with the ability to connect on the platform, showcasing a ‘virtually unlimited’ number of products. The event hopes to foster new cross-border business relationships to tackle supply chain challenges currently faced by businesses. [Read more on Charged Retail](https://www.chargedretail.co.uk/2022/09/01/alibaba-launches-super-september-b2b-sales-event/) --- Other Ecommerce News --- Klarna’s losses quadruple in first half of 2022 BNPL provider, Klarna, has reported losses of $581 million USD for the first half of 2022. This figure is almost four times larger than a year earlier, where $129 million USD in losses were reported. The company attributes the losses to employee costs, technology investments, and rising credit losses. Klarna’s figure reporting comes amidst worsening economic conditions, fresh legal and regulatory scrutiny, and pressure from Big Tech competitors. [Read more on The Financial Times](https://www.ft.com/content/483451db-9221-4ca4-83a6-b4ddc6bfcfbb) [Read more on the Guardian](https://www.theguardian.com/business/2022/aug/31/klarna-losses-more-than-triple-as-consumer-spending-slows) One fifth of Snap employees to be laid off amidst poor financial performance Social media platform Snap (‘Snapchat’) has announced it will be laying off 20% of its employees and closing out a number of projects following a year of poor financial results.The move will see 1,200 employees globally lose their jobs, saving the company an estimated $500 million USD in costs. Snap is currently valued at $20 billion, an 84% decrease from its valuation of $130 billion last year. [Read more on Charged Retail](https://www.chargedretail.co.uk/2022/09/01/snap-to-lay-off-20-of-its-workforce-and-wind-down-a-number-of-projects/)
Aug 30, 2022

Global Ecommerce Weekly News: 30th August 2022

Get up to date with this week's ecommerce headlines from around the globe. --- Amazon News --- Amazon set to shut down Amazon Care Amazon is closing its telehealth service, Amazon Care, which launched in 2019 as a trial program for its headquartered employees. Later the service was rolled out nationwide for employees and other companies. The ecommerce giant has now made the decision to move away from the healthcare space, believing it was not the right long-term solution for its enterprise customers. [Read more on CNBC](https://www.cnbc.com/2022/08/24/amazon-is-shutting-down-amazon-care-telehealth-service.html) Peloton closes new deal to sell on Amazon Following a recent deal, Amazon customers will soon be able to buy Peloton fitness equipment on the marketplace, marking Peleton’s first move outside a direct-to-consumer model. According to Peloton’s CCO, there are already around half a million searches on Amazon for Peloton products every month, despite having no presence on the marketplace. Some key products include the original Peloton Bike, retailing for $1,445 and Peloton Guide for $295. [Read more on Charged Retail](https://www.chargedretail.co.uk/2022/08/24/peloton-strikes-deal-to-sell-fitness-equipment-on-amazon/) --- Other Marketplace News --- 60% of Malaysians are buying from local sellers on Shopee A recent survey of nearly 3,500 respondents found that nearly half of the shoppers prefer to purchase from local sellers due to shorter delivery times. Other shoppers decide to shop locally due to the quality of the products made in Malaysia and an interest in keeping the economy running. As a result, smaller local merchants have been able to grow their businesses, and shoppers benefit from shorter delivery times, products of high quality and supporting local businesses. [Read more on The Malaysian Reserve](https://themalaysianreserve.com/2022/08/25/around-60-malaysians-are-buying-from-local-sellers-on-shopee/) Flipkart’s social commerce platform Shopsy crosses 100 million users Flipkart launched a social commerce arm, Shopsy, in July of last year, which has now surpassed 100 million users, ahead of its target timeline being the end of 2022. This acquisition of new users has made Shopsy one of the largest platforms of its kind in the country, and is expected to onboard a further 100 million by the end of 2023. The platform is centred around boosting local entrepreneurship and powering ecommerce for consumers across tier 2+ regions where users face challenges around trust and navigation when shopping online. [Read more on Business Standard](https://www.business-standard.com/article/companies/flipkart-s-social-commerce-platform-shopsy-hits-100-million-users-1220828006851.html) Meta joins Amazon and Walmart in bid for Indian ecommerce market Amazon mentioned earlier in the year that it would be building a logistics division in-house through its purchase of a 51% stake in Ecom Express, an end-to-end logistics firm, to make ecommerce deliveries more efficient in the country. Walmart operates Flipkart in India and is set to continue its investment in the marketplace. In an effort to compete in the Indian ecommerce market, Meta has partnered with Indian ecommerce company, JioMart, to offer customers a grocery shopping platform within its WhatsApp chat feature. [Read more on Pymnts](https://www.pymnts.com/news/retail/2022/meta-joins-amazon-walmart-indian-ecommerce-market/) --- Other Ecommerce News --- Ecommerce in Spain worth €57.7 billion in 2021 Spanish ecommerce saw 11.7% growth compared to last year, largely attributed to cross-border sales. In the final quarter of 2021, ecommerce sales in Spain were at €16.9 billion euros, at least 60% of which came from cross-border sales. Transactions from foreign locations to Spain generated a turnover of €1.56 billion in Q4, a growth of 27.7% compared to Q4 a year before. [Read more on Ecommerce News](https://ecommercenews.eu/ecommerce-in-spain-was-worth-e57-7-billion-in-2021/)
Aug 23, 2022

Desiree Wong, Sr Ecommerce Consultant, Mandy Guo & Ariel Tsai, Brand Managers: People of Pattern

The success of Pattern can be attributed to our amazing team and the people within it. Our PeopleofPattern series highlights our people; the faces, roles and responsibilities behind what makes Pattern great. This week, we sat down and spoke with Desiree Wong, Senior Ecommerce Consultant, Mandy Guo, Brand Manager, and Ariel Tsai, Brand Manager, all sitting in Pattern’s London office working with UK & US brands to accelerate their sales in China. Could you tell me a bit about your role and experience working at Pattern? Desiree: I’ve been working at Pattern for over six years now. I first joined the company as an Associate Consultant back in Hong Kong. My responsibilities have changed quite a bit since first joining the company, when I first joined I worked in the Consulting team in Hong Kong with Arthur Cheung (General Manager, Asia) and a few other colleagues focusing on consulting projects. We then had some trading elements added into our China business, which meant I was responsible for more trading-related tasks. My title is now Senior Ecommerce Consultant, covering the APAC region. Following Practicology’s acquisition by Pattern in 2018, 90% of my time is now related to trading activity. When I relocated to London in early 2020, I was given more opportunity to work on business development. All of the brands that my team are working with are either from Europe or from the U.S., so working in the UK meant I was in a much better time zone to speak with clients and attend offline events, like Interzoo or Alibaba-organised events, here in Europe. Ariel: My responsibilities are quite similar to Desiree. I joined Pattern in January this year, so I’ve been working here for about six months now. I started as a Brand Manager, managing the trading side of the business of different brands for Asia markets. I also do a bit of work on the side for the Consulting team. For example, we’re currently working on a project for a global luxury jewellery brand, providing a consulting service for China. Mandy: I joined Pattern nearly 3 months ago as a Brand Manager. The role is very interesting, and I feel very supported. My role helps our clients find the best solutions in China’s market through social marketing and ecommerce business. From my previous China FMCG industry experience at Unilever, LVMH, and Mars, I feel very fulfilled identifying the best USPs and business strategies to achieve a better business position for our clients. Why do you choose to work at Pattern? Ariel: I previously worked for a digital marketing agency, also focusing on China business with UK companies. In that job, I did a lot of marketing for British and U.S. brands who sell their products in China. I worked with companies like Royal Mail, amongst other big brands, which I found really interesting. This experience really fueled my interest in ecommerce, which is why I got in touch with Pattern as it is a trading and ecommerce-focused company. I also liked that Pattern didn’t just focus on trading in China, but also other countries in Asia like Japan, Korea, and South-East Asia. Desiree: Before I joined Pattern I worked at MAC Cosmetics for almost two years. In that time I felt that I’d learnt everything I could in that role and wanted more of a range and challenge in my career. At MAC, I luckily gained a lot of experience working in ecommerce and wanted to pursue this further. Pattern seemed like a great opportunity as it is a global company working in ecommerce and has seen a huge amount of growth as a business. Before Pattern, I also studied a Master of Science in Marketing, where I met a professor who introduced me to the consulting industry. This was another reason why I was really interested in joining Pattern’s consulting team. Interestingly, I was introduced by a headhunter who told me that there was a company that had newly-launched in Hong Kong called Practicology. We didn’t even have an office, we were so new! I remember meeting Arthur Cheung in a restaurant after he’d just finished a trip to China, carrying all of his luggage with him. Arthur told me that the company was new but that it was an ecommerce consulting firm, which was really interesting to me and covered the two aspects I was looking for in my next role. Starting in the Hong Kong business, we had the opportunity to choose the office that we’d set-up in and even built IKEA furniture together in the office. It was such an experience! What I really loved about Practicology (now Pattern) was learning so many new things and expanding outside of my scope of knowledge that I’d been working in comfortably for so long. It wasn’t just about marketing, ecommerce, or consulting, it was about entrepreneurship. Arthur was tasked to build up the whole Asia/China business, which really opened my eyes to how to build a business from the ground up. My role also continues to evolve as the company grows and changes, I never feel bored. That’s why I’ve stayed here for six years! Mandy: My previous experience and passion connect well with my role at Pattern. As previously stated, it is fulfilling to use my previous experience to provide the best solutions for our clients. I have great supportive teammates like Desiree who guides and helps me understand Pattern’s processes and systems. What has been the most rewarding part of working at Pattern for you? Desiree: For me, it’s the recognition from the brands. I know we all talk about numbers, but when the brands can see more than just the numbers that you help them to achieve, and they really appreciate the strategy and transparency that we have, it’s really satisfying. We stick to our Pattern values. We always want to be ‘Partner Obsessed’, and our partners really feel that. Ariel: For me, it’s the opportunity of working with different brands across different regions. We’re expanding so fast and keep finding new brands in different categories, giving us the opportunity to work with for example Alliance and Jan Marini, a skincare brand, and Holland and Barrett selling supplements. This broad range has really expanded my knowledge across different industries and has been really interesting and rewarding for me. Mandy: The most rewarding aspect for me has been recently handling prospective clients with Desiree and identifying potential improvements for a couple of our clients’ ecommerce business in China. Another rewarding moment is when our clients positively react to my efforts. Last question, why would you recommend working at Pattern? Desiree: I think that working at Pattern has a suitable level of challenge, you will never get bored. Ecommerce is an ever changing industry. When you work in the Asia market, which is not as mature as others and is still developing, it is even more challenging and you learn new things every day. I know there are plenty of ecommerce and trading companies in the industry, but I’d say that everyone working at Pattern is smart and willing to share their knowledge. As we’re all growing together, it gives us all a great opportunity to learn from each other. Our team culture is also really strong. Ariel: I’d say I agree with Desiree. There’s not much of a hierarchy inside Pattern. In our China team, we learn more from them every day and they’re always helping to share what’s happening in the market. Again, the team culture is really positive. Everybody who works at Pattern is a ‘Doer’ and is willing to share their experience and knowledge with one another as well. The company is also growing so fast into different regions, for someone who wants to expand their knowledge on a global scale, that’s also a big bonus as you’re unlikely to get that opportunity very often. Mandy: In agreement with Desiree, ecommerce is changing very quickly in Asia. With different clients, Pattern gives me the opportunity to evolve my knowledge through challenging and interesting contracts. We have good morale, supportive teammates, and I feel very engaged through growth opportunities because of our team and clients. I’m growing with Pattern and I highly recommend working at Pattern! We’re growing our team at Pattern! If you're looking to start a career in ecommerce or even if you're a seasoned professional and want to learn more about our exciting opportunities, [check out our open positions here.](https://pattern.breezy.hr/)