m-Tail

Amazon workload prompts suicide attempt
  • Published in m-Tail

An Amazon employee has sustained injured after he jumped off the company's main building in Seattle, in what apparently was a suicide attempt because of the American web shop's intense workload.

Amazon fights fake reviews with new rules
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American web shop Amazon has created a new rule for user reviews: customers can only rate five items every week, in an attempt to ward off fake reviews.

European Ministers clear path for online shopping abroad
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Citizens in the European Union should be able to buy something online in another European country much more easily. The European Ministers of Economy reached an agreement in this regard, but now the European Parliament still has to do the same.

Alibaba acquires stake in discount chain
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Chinese Alibaba has acquired a 32 % stake in Sanjian Shopping Club, a chain with 160 discount supermarkets in China and supposedly more than one million members.

Rakuten is FC Barcelona's main sponsor
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Starting next season, Rakuten (Japan's version of Alibaba or Amazon) will become Spanish football club FC Barcelona's main sponsor. The move is quite remarkable, because the Japanese giant shuttered a portion of its European activities earlier this year.

Danish Bestseller acquires Miinto
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Anders Holch Povlsen, who owns Danish online retailer Bestseller, has acquired the Miinto Group, a Danish online platform with some 20,000 fashion brands' products.

A new Singles' Day sales record for Alibaba
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Chinese Alibaba has managed to beat several sales records during Singles' Day, China's most important sales opportunity for eCommerce. The "tradition", which Alibaba launched in 2009, resulted in more than 16 billion euro in revenue this year.

Will Amazon launch own cleaning service?
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Amazon has published several job openings for "home assistants", who should help Amazon customers to keep their home tidy and clean. It therefore seems the company is planning a cleaning service.

Alibaba does (even) better than expected
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In the third quarter, Chinese Alibaba performed (even) better than what analysts had expected. The company's turnover rose by 55%, but net profit fell due to a one-time benefit last year.

Vente-privee acquires Polish competitor
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French group Vente-privee has acquired a majority stake in zlotewyprzedaze.pl, the number one in flash sales in Poland. The move is another step towards Vente-privee's expansion in Europe.

Amazon launches cheap Prime subscription in China
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Amazon has launched a cheaper version of its subscription service Prime in China, nearly half as cheap as elsewhere although it also has fewer services.

Soon: card reader required for online payments above 10 euro
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Several sources indicate that the European Banking Authority wants to make a card reader mandatory for every online purchase worth more than 10 euro in order to fight fraud. Banks and web shops feel the measure is exaggerated.

Amazon turnover up 29 % again
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American online retailer Amazon's third quarter turnover grew 29 % to 32.7 billion dollars (30 billion euro), but nevertheless, the analysts were not satisfied with its performance.

Zooplus turnover grows 28 % in third quarter
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In the third quarter of 2016, German online pet store Zooplus' turnover grew another 28 %, although it did experience slower growth in the United Kingdom because of its weaker currency.

Luxury brands still do not want to work with Amazon
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Despite Amazon's annual growth, its massive customer base and the forecast that it will become the largest clothing seller in the United States next year, luxury brands are still wary of the platform.

Zalando collaborates with smaller shoe stores
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Zalando signed a deal with two smaller shoe stores, allowing customers to pick up online orders at the store if they happen to live near either store.

Showroomprivé buys Italian number two
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French online shopping community Showroomprivé bought Saldi Privati, second in Italy when it comes to flash sales. At first, the French company paid 28 million euro, with a results-based bonus of 10 million euro in 2019 afterwards.

Benelux wants unified eCommerce market
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The Prime Ministers from Belgium, the Netherlands and Luxembourg have signed a digital declaration, signaling their intent on creating a unified eCommerce market across the three nations.

Zalando wants to quintuple turnover to 20 billion euro
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Over the next few years, German online retailer Zalando seeks to quintuple its turnover. Based on its current 4 billion euro turnover, it therefore seeks to reach about 20 billion euro.

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