Tag: ECOMMERCE

The acquisition of Trendsales by Vinted

The acquisition of Danish competitor Trendsales by Vinted underscores a strategic move to strengthen its foothold in the Nordic region, a market known for its environmentally conscious consumers and high digital savviness. This decision highlights Vinted’s ambition to expand its presence and solidify its position as a leader in the second-hand fashion sector within Europe, particularly in the Nordic countries. Here’s a closer look at the implications of this acquisition and its contrast with the recent termination of Vinted’s luxury platform, Rebelle.

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The view on the second-hand e-commerce market

The second-hand e-commerce market has seen a significant surge in popularity over the last few years, driven by a combination of economic, social, and environmental factors. This growth is characterized by an increasing number of consumers and businesses embracing the resale of used goods, ranging from clothing and electronics to furniture and vehicles, through online platforms. Here’s an analysis of the second-hand e-commerce market, highlighting key drivers, challenges, and future prospects.

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Coolblue Hits Record Revenue of €2.4 Billion in 2023

In an impressive display of growth and resilience, Coolblue has announced its annual revenue for 2023, reaching a staggering €2.4 billion. This achievement marks a significant milestone for the Dutch e-commerce giant, known for its consumer electronics and home appliance offerings, amidst a highly competitive and ever-evolving online retail landscape.

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