MarketMaze

Check last week deals in the Marketplace & Ecommerce space 📅 Oct W2 2024 Richemont sells YNAP for $610M to Mytheresa, gains a 33% stake. Former Amazon exec Dave Clark launches Auger with $100M to solve supply chain challenges ClearCourse's acquisition spree continues, adding B2B platform GOb2b to its expanding portfolio. Rumors of a Temu takeover surge after $135M Bukalapak shares change hands in Jakarta. OroCommerce's AI SmartAgent and SmartOrder boost sales by automating B2B tasks ~~~ ✍️ Did we miss any key news? What surprised you the most? ♻️ Reshare if this resonates with you. 💌 To never miss insights like this subscribe to MarketMaze. Link in bio #ecommerce #marketplace #startups #deals #acquisition

AI just made Google Search smarter. Explore new ways to ask! 🔍 - 🌍 Google updates AI in Search for easier info access - 📸 Lens now supports video and voice queries, driving 20B visual searches monthly - 🎶 New Circle to Search identifies songs from videos - 💡 AI-organized search results improve user experience in the U.S. - 📈 AI Overviews boost traffic to external websites, with ads now integrated ~~~ ✍️Would you use AI to shop directly from your camera? ♻️ Reshare if this resonates with you. 💌 Subscribe to MarketMaze for more insights. Link in bio. #Google #Lens #AI

US government vs Google in antitrust battle. Who’s winning? 🔍 - 🇺🇸 US government considers dismantling Google - DOJ may split Google’s search from Android, Chrome, and Play Store - Google accused of monopolizing search and limiting competitors - Google argues a breakup could hurt user experiences and privacy - DOJ looks to stop Google's exclusive deals with tech firms like Apple - Possible end to Google’s default status on smartphones - Case could affect AI developments and future tech innovations - Google plans to appeal but faces a lengthy legal process - Antitrust cases against Amazon, Meta, and others may follow ~~~ ✍️Do you think breaking up Google is the right move? ♻️ Reshare if this resonates with you. 💌 Subscribe to MarketMaze for more insights. Link in bio. #Google #DOJ #Antitrust

Check key Ecommerce news of the last week 📅 Oct W2 2024 Justice Department seeks major changes, possibly splitting Google’s core businesses. Google enhances Lens, voice, and AI features to improve user search experience 13 states and DC sue TikTok, claiming it harms mental health and facilitates exploitation TikTok’s Smart+ AI ad tool promises to improve conversion rates by 53% on average. Argentina’s economic rebound fuels massive surge in Mercado Libre’s sales and loans. Otto Group partners with Boston Dynamics to automate warehouses and address labor shortages Pinterest debuts Performance+ Suite with AI to enhance ad efficiency and conversions Asda partners with Virtualstock to launch dropship marketplace, featuring Decathlon ~~~ ✍️ Did we miss any key news? What surprised you the most? ♻️ Reshare if this resonates with you. 💌 To never miss insights like this subscribe to MarketMaze. Link in bio #ecommerce #marketplace #news

Amazon is now making grocery shopping simpler and faster. 🛍️ 🛒 Amazon is letting Prime members in Phoenix order groceries and other Amazon.com products for same-day delivery, a first for the company. 🏗️ A new micro-fulfillment center in Pennsylvania will speed up grocery deliveries and lower costs. 💸 Amazon launched a budget-friendly grocery line called "Amazon Saver," targeting customers affected by inflation and competing with budget retailers like Walmart and Aldi. ~~~ ✍️Will Amazon's budget groceries challenge Aldi and Walmart? ♻️ Reshare if this resonates with you. 💌 Subscribe to MarketMaze for more insights. Link in bio. #Amazon #WholeFoods #Walmart

Lidl’s making a bold $15M move to win over U.S. shoppers. 👀 - 🛒 Lidl is relaunching its U.S. brand with a $15M marketing campaign - 📅 The campaign starts on Oct. 16, 2024, under the tagline "The Super-est Market" - 🇺🇸 Lidl currently has 170 stores but lags behind competitor Aldi - 🔄 Revamping 40% of its product lineup, changing suppliers, and updating packaging - 🎨 Using consistent color branding, with red signaling discounts - 📊 58% of shoppers in its operating areas were unaware Lidl was a grocery store - 📈 New stores are planned for NYC and Washington, D.C., as part of this relaunch ~~~ ✍️Will Lidl’s new $15M campaign finally break through? ♻️ Reshare if this resonates with you. 💌 Subscribe to MarketMaze for more insights. Link in bio. #Lidl #Aldi #FrankKerr

Be up to date with last week news from online Food & Grocery space 📅 Oct W2 2024 Lidl kicks off its largest U.S. branding effort since its 2017 debut, aiming for higher recognition. Kroger introduces Disney streaming perks to its Boost membership at no extra cost. Instacart introduces games and personalized coupons to smart carts to enhance user experience New Sam’s Club store in Grapevine, Texas will use the Scan & Go app, eliminating checkout counters. Wolt turns 10, helping generate €19B in economic activity, selling 130M burgers, and more Allbirds will deliver shoes via Uber Eats, starting in key US cities like NYC and LA. DoorDash deepens ties with Wegmans and adds local grocers to expand its grocery delivery services ~~~ ✍️ Did we miss any key news? What surprised you the most? ♻️ Reshare if this resonates with you. 💌 To never miss insights like this subscribe to MarketMaze. Link in bio #ecommerce #marketplace #glovo #deliveroo #ubereats #doordash

U.S. TikTok Shop performance after 1Y 📈 📈 TikTok Shop hit a record $602M in sales in July ‚24 💄 Beauty & Personal Care was the top category, generating $1.05B 🎥 Prerecorded videos dominated the platform, pulling in $2.5B in sales 🛍 Livestream and shopping mall channels also contributed significantly, earning $1.0B and $1.1B respectively 🧴 Health products led individual sales, with the "15 Day Cleanse" earning $39.7M 📉 While sales dipped slightly in August, the platform continues to show strong market penetration and consumer interest ~~~ ✍️Is TikTok becoming the new e-commerce powerhouse? ♻️ Reshare if this resonates with you. 💌 Subscribe to MarketMaze for more insights. Link in bio. #TikTok #Charmio #ByteDance

Yves Rocher's new marketplace is a digital power move. 🌿 🌿 Yves Rocher launched a digital marketplace on Sept 23 👶 Early partners include Ouate (children's care) and Monsieur Barbier (men's grooming) 📈 The marketplace aims to feature 50 brands by 2024 💻 Digital sales make up only 10% of Yves Rocher's revenue 🎯 The goal is to double online sales within 3 years 🏢 Yves Rocher has 660 stores and serves 8M customers in France 🌍 Expansion to the US and Asia is planned after Europe 💸 Cost-cutting measures include selling a perfume site to Arcade Beauty ~~~ ✍️Will Yves Rocher's marketplace double its online sales? ♻️ Reshare if this resonates with you. 💌 Subscribe to MarketMaze for more insights. Link in bio. #YvesRocher #DigitalMarketplace #BeautyBrands

Unauthorized Shein stores are tricking shoppers! 🛍️ - 🛍️ Fake Shein stores are appearing in Spain and the Netherlands - 🇳🇱 Cities like Arnhem, Breda, and The Hague have seen new outlets - 🖥️ Shein reminds shoppers: Only buy via their official site/app - 🚫 Fake stores offer products of questionable quality and origin - 🏬 In Zaragoza, a "Glü Stock Shein" caused confusion earlier this year - 💡 Shein has used pop-ups before, but they don't sell items in stores - 🛑 The company is taking legal action against these unauthorized outlets ~~~ ✍️Have you ever been misled by a fake brand store? ♻️ Reshare if this resonates with you. 💌 Subscribe to MarketMaze for more insights. Link in bio. #Shein #FakeOutlets #FashionRetail