Pimkie is the first European brand to use Shein's Xcelerate program – and in return, it faces a lawsuit from its former owners and exclusion from the French industry association. Is this move a lifeline or a massive reputational risk? Ingrid and Valerie discuss this in today's news episode. They also analyze the latest Temu user numbers (spoiler: huge growth!), delve into Amazon and Mirakle’s AI efforts, which are taking Agentic Commerce to the next level, and examine OnBuy’s EU expansion and Allegro’s quarterly figures. A packed episode with an analysis of the key marketplace news from September!
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Note for marketplace webinars:
This fall, you can deepen your knowledge of key marketplaces in various live webinars, such as:
And partnering with Shein gives them immediate access to 160 markets, which is hard to achieve on their own.
Speaker A:So and I would say also that especially for this price entry, fast fashion manufacturers, Shein is a very good match.
Speaker B:Let's Talk Marketplace.
Speaker A:The Marketplace podcast with Ingrid Lohmer and Vana V. Dichtu.
Speaker B:Hello everyone and welcome back to another episode of let's Talk Marketplace.
Speaker B:I'm Ingrid and as always I'm joined by Valerie.
Speaker B:And today we have another Marketplace news update for you.
Speaker B:After all, summer was quite slow and news wise, but September has been rather busy for the Marketplace world.
Speaker B:Lots of things were happening.
Speaker B:So we'll walk you through the most important news today.
Speaker A:Yeah, absolutely.
Speaker A:So I think about just like last week while we were in Cologne for our own Marketplace Universe Connect event and while the DMX go and you have been this week in Berlin.
Speaker A:So before we jump into the headlines, and I know so many other events are already planned and, and, and yeah, yeah, yeah, yeah.
Speaker B:Event is Event Fall is really coming, coming along.
Speaker A:Event Fall is on and we are also preparing for our event Marketplace Universal Connect on the 20th of October in Munich and being on stage at the Newcomer Summit.
Speaker A:So a lot of things going on and we're quite excited.
Speaker A:But before we jump into the headlines, I have to ask, last week you were in Berlin for the ebay awards.
Speaker A:So how was it?
Speaker B:That was a great evening, really.
Speaker B:Ebay chose a stunning location for the ebay awards this year.
Speaker B:The whole energy was great and I think the evening showed very good how much ebay values their seller community.
Speaker B:You know, there were inspiring stories from entrepreneurs, there was a brass band which is always, you know, it's always a key, a win for me and even an inspirational keynote speaker.
Speaker B:And yeah, there was a lot of ebay spirit in the room.
Speaker B:And of course I could meet and remet a lot of people from the whole German ebay verse, which is always fun.
Speaker B:But I think the best part for me was when I was allowed to hand over the award for the best social oriented company to Mike Rife from IFB Green and Social it.
Speaker B:And that is a great company, really, and a story that I hadn't heard before, which always happens to me when I go to the ebay awards.
Speaker B:I always meet new people and new interesting stories that I haven't heard before.
Speaker B:And this one is great because the IFB is an established and very profitable company with like 20 offices in six countries and they have seven employees and nearly half, and nearly half of these employees are people with disabilities.
Speaker B:Wow.
Speaker B:Yeah, and that's really inspiring considering that in Germany we have a law that companies with more than 20 employees have to employ people with disabilities.
Speaker B:And about 40% of German companies just don't do that.
Speaker B:They just don't comply.
Speaker B:And they only have to employ 5% of their workforce, have to be people with disabilities.
Speaker B:And then someone like AFB comes along and they go like, yeah, we have 50, no problem.
Speaker B:So that was great.
Speaker A:Yeah, Sounds really like a fantastic evening and a good reminder that community is still the heart of marketplaces.
Speaker A:And this is also what we see when we go to events.
Speaker A:Right.
Speaker A:Like we were in Cologne and then we meet the people there, which we met again in Berlin and which we will meet again in.
Speaker A:In Munich and.
Speaker A:And so on and so on.
Speaker A:So.
Speaker A:Yeah.
Speaker A:But I would say, as we are here for the news today, let's dive into the September news because a lot has happened and we skipped the August.
Speaker B:Session, so there was not really anything on August.
Speaker B:So.
Speaker A:Okay, so everyone was really doing holiday, it seems.
Speaker B:So my colleague Christiane and me were looking for news over the summer for the first newsletter.
Speaker B:We both were like, but something had have happened over the our holidays.
Speaker B:You know, there must have been something searching on the whole Internet, but I think everyone was on holiday.
Speaker A:Yeah, they prepared everything now for the Strong Autumn and Q4.
Speaker A:I mean, it's really, really on now.
Speaker A:Yeah, the hot season.
Speaker A:The hot ecom season.
Speaker B:Yeah.
Speaker B:Right, so let's dive into it.
Speaker B:I think the first news piece that I wanted to discuss with you was on Buy, that's a UK marketplace, and they just announced that they have officially launched in the eu, which is quite a step actually, because, you know, so far they have been on Buy is one of those marketplaces that has been positioning itself as a fair marketplace, putting sellers first and not competing with them.
Speaker B:Bit like ebay, actually.
Speaker A:What like kind of categories is on Buy?
Speaker A:Selling.
Speaker B:They are basically a general, generalistic marketplace.
Speaker B:But the strongest category is definitely electronics.
Speaker A:Okay.
Speaker B:I think this is.
Speaker B:This is where I also put them on the electronics mark quadrant.
Speaker B:And also in the UK quadrant, they are in the electronic section because that is their strongest feat.
Speaker B:But they are active in the other and all other categories as well.
Speaker B:I think you can dismiss them in fashion, but everywhere else they are an interesting player.
Speaker B:Yeah.
Speaker B:And in the UK they are already quite well known and quite strong, so.
Speaker A:And I also wonder how do they play to carve out a space in the markets dominated by Amazon, Bull Aliko or even strong local players like C Discount in France or Kaufland in Germany, but also Eastern Europe and Southern Europe.
Speaker A:So sellers already have like so many channels and unbuy will need a very strong message to convince them to invest time and resources.
Speaker A:Right?
Speaker B:Yeah, absolutely.
Speaker B:I think one thing in their favor is that sellers are looking for alternatives, which we also recognize when we are doing webinars on competitors like Boel or in Kaufland.
Speaker B:And people are interested and people are looking for new opportunities and new marketplaces, especially marketplaces that are now expanding because that means they, they, they are pushing forward, they are looking for sellers, they are trying their best to get sellers and yeah, are offering them competitive conditions for selling and stuff like that.
Speaker B:So that's true.
Speaker B:Yeah, I think they do have a possibility and the marketplace itself is interesting.
Speaker B:They have a lot of, a lot of power, a lot of money behind the expansion as well.
Speaker B:So yeah, could be interesting.
Speaker A:That's, that seems interesting.
Speaker A:And yes, that's also what I feel is like so many brands are looking for additional expansion markets and marketplaces because some of them are coming to us and saying like, hey, you know, we are like here, here, here and here, and where can we go else?
Speaker A:Okay, let's go to our webinar, etc.
Speaker A:And yeah, maybe that's also a good point to send you to our webinars because we have several webinars planned this autumn with different marketplaces.
Speaker A:The one with Bull you can watch as a recording, but we also do one with mediamark Saturn, one with Kaufland, one with about you and we will.
Speaker B:Link the link registration website.
Speaker A:So you can register for the webinars or you can watch the recordings.
Speaker B:Yes, yeah, absolutely.
Speaker A:And I would say let's move on to Poland mainly because.
Speaker A:Moving on to Allegro.
Speaker A:Sorry, like, yeah, actually, yeah, Poland is much dominated by Allegro, the marketplace, and they're.
Speaker A:Their Q2 results just came out.
Speaker A:So what caught your eye, Ingrid?
Speaker B:Well, Allegro continues to grow steadily, which is quite a feat in itself because especially in Poland, Allegro is already so dominant and so big.
Speaker B:They have, I think a GMV of around 12 billion Euro.
Speaker B:And the group GMV has again grown by now 9%.
Speaker B:Also, active buyers are up and.
Speaker B:And the new platform in the Czech Republic, Allegro cset is starting to get some traction.
Speaker B:So looking good, basically.
Speaker A:Okay, so, yeah, well, it actually shows that Aliko has the ambition to become more than just Poland's number one.
Speaker A:I mean, that's what we already knew, but they were really aiming to be a true central Eastern European champion.
Speaker A:I mean, they tried also to be central European, but I would put them More into the central Eastern European corner.
Speaker A:It's not a corner.
Speaker A:It's like huge.
Speaker A:And yeah, but I would also say it's not an easy path.
Speaker A:In the Czech Republic, for example, they face players like He Rica who are deeply entrenched.
Speaker B:So.
Speaker B:Yeah, yeah, that's true.
Speaker B:Yeah.
Speaker B:And I think if we look at the numbers in more detail, things are also really showing that it's not that easy for Allegro as they might like to.
Speaker B:Yeah, like you to believe, because they show that the GMV in Poland has grown by 9.8% while the group as a whole, including the international parts, has grown by 9%.
Speaker B:So the marketplace is growing stronger on its home turf, even though they already have a huge penetration rate there.
Speaker B:And they are growing stronger in Poland than in the new market.
Speaker B:So maybe the international expansion isn't going so well as they would have liked it.
Speaker A:And also interesting when they shared the results, right.
Speaker A:They were like, yeah, we share some growth rates, but mainly we share some text that we have grown.
Speaker A:Yeah, but not exactly like, not exact numbers.
Speaker B:Yeah, that's true.
Speaker A:So.
Speaker A:Yeah, so.
Speaker A:So, yeah, Allegro is an unavoidable marketplace in Poland, but even for the local champions like them, expansion is not that easy.
Speaker A:So.
Speaker A:Yeah, but speaking of great local champions, before we continue with the next new spite, let's have a quick look at our partner bull.
Speaker A:Did you know that in the Netherlands, Sinterklaas is on December 5th is actually more important than Christmas Eve for sellers, this means the holiday season starts much earlier and the Boel sales go up by 70% during this period.
Speaker B:To help sellers make the most of this, BOL has clearly has offered some clear guidelines on pricing, promotions and delivery SPE with logistics via bol.
Speaker B:For example, you can offer next day delivery a real conversion driver since 40% of all purchases happen after 5pm and.
Speaker A:Don'T forget the deadlines.
Speaker A:October 3rd for Sinterklaas and Black Friday promotions, October 17th for Christmas plus November 7th for Christmas advertising.
Speaker A:So if you're too late, you will miss the real peak.
Speaker B:Want to dive deeper?
Speaker B:Then check out our webinar.
Speaker B:Start selling on Boolean Marketplace.
Speaker B:Faster, easier, smarter.
Speaker B:We will link the recording in the show notes or listen Back to our episode 97 with Alex Jorabcu from Boel.
Speaker B:You'll find all the links in the show notes.
Speaker A:Great.
Speaker A:And now let's talk about Amazon, my former employer, one of mine.
Speaker A:They had their seller conference accelerate in September in the US where they always unveil something big and they didn't disappoint this year.
Speaker A:Didn't they?
Speaker A:I mean, agentic AI for sellers sounds pretty cool.
Speaker B:Yeah, I think that's a big shift.
Speaker B:The AI that they are offering now isn't just giving advice.
Speaker B:It's actively creating sales strategies, so to speak.
Speaker B:It can warm sellers about overstock fees or suggest price adjustments, optimize inventory, even generate new product variations and marketing campaigns.
Speaker B:So basically it's sort of a copilot for selling maybe, or even a manager for every seller.
Speaker A:Yeah, that sounds pretty powerful but also a little scary because Amazon was always about like hands off the wheel and it was not always in every corner very successful.
Speaker A:But overall, yeah, sellers might benefit from automation.
Speaker A:But if Amazon's AI starts dictating price strategies or inventory rules, how much independence do they really have left?
Speaker B:Yeah, well, that's the question, you know, I mean on the one hand, small and medium sellers might love it because it's basically an enterprise price grade tool for free, but I think it's, as you said, it can also feel quite uncomfortable because the question is really how much influence does Amazon sell, does AI have?
Speaker B:And is, is it really on the side of the seller, so to speak, or on the side of the marketplace?
Speaker B:So yeah, but yeah, a strange transparency you need.
Speaker A:Yes, that's something we had in the past was, was often that, oh, we have a great tool and then, then like people were like, yeah, but it's not tax compliant or how, like how do we get this list?
Speaker A:Because we need to know where exactly our stuff in which logistic hub is in which country.
Speaker A:So there are like so many more nitty gritty details which are often, I would say in the first round, beta version, not yet reflected, which causes a lot of like headache tickets.
Speaker B:And.
Speaker A:Yeah, that caused a lot of nerves for sellers because they're like, okay, you can use it now.
Speaker A:And then you think like I should have waited a bit until like the first.
Speaker A:Yeah, until the first life, like bigger fails are released and yeah, solved.
Speaker B:Yeah, yeah, we'll see.
Speaker A:But it's, it's definitely, that's a great next step.
Speaker A:Definitely.
Speaker B:Absolutely.
Speaker A:Yeah, yeah, yeah.
Speaker B:Talking about AI, Amazon isn't the only one betting on this.
Speaker B:Miracle also had a big event last week, the NFL Paris.
Speaker B:And there they introduced their AI transformer.
Speaker B:And that is a tool that can prepare product data for AI search.
Speaker B:So basically Miracle wants to make sure that the millions of products listed on their partner marketplaces, it's a, I don't know, I think it goes in the hundreds by now that marketplaces that run on Miracle and all of the products Listed on these marketplaces can now be structured in a way that AI agents can understand, compare and transact with.
Speaker B:So, for example, if you tell an AI, find me the best, I don't know, cordless drill under €100 or something like that, then the AI pulls directly from the marketplace catalogs of these Miracle marketplaces and through this Miracle makes their marketplaces relevant to AI search.
Speaker B:AI searches, which is quite a.
Speaker B:Quite an idea.
Speaker A:Yeah, well, that's pretty clever because if search really shifts from Google and Amazon to AI assistants, who's.
Speaker A:Yeah.
Speaker A:Or.
Speaker A:Yeah, I mean, Amazon has its own AI assistant already, Rufus.
Speaker A:Right.
Speaker A:But I think that those marketplaces whose data is clean and structured will win.
Speaker A:And it's also not about just the marketplaces whose data is clean, because usually, yes, the data of the marketplace is important, but like the brands, sellers, etc.
Speaker A:They are serving them with the data of their own products.
Speaker A:So this is also about sellers, but in this case with Miracle, more about infrastructure.
Speaker A:And in the long term, it could decide which marketplace stays relevant.
Speaker A:So who is readable for AI agent who's like open for it and sharing the data to be.
Speaker A:To.
Speaker A:To offer the products from the sellers and that they are in the results from the AI agents.
Speaker B:Yeah.
Speaker B:It could also be an answer to the question that our guest Stefan Wenzel based a few episodes ago, and he basically said that AI search could make marketplaces redundant in a way because the AI is going to search directly and they don't care about marketplaces or about aggregators or product aggregators of any kind.
Speaker B:Yeah, but if the marketplace is.
Speaker B:Because it's.
Speaker B:It's huge and it's got the money, is able to develop tools like this, like Miracle is now doing, then they will be the first ones that are relevant to the AI.
Speaker B:And, and this is something that smaller sellers at the moment at least can't do by themselves.
Speaker B:So.
Speaker B:Yeah, might give them a head start.
Speaker B:Definitely.
Speaker B:Yeah.
Speaker B:Very, very cool.
Speaker B:What else?
Speaker B:Yeah, let's talk Shimu, I think, because.
Speaker A:All the ones missed that one.
Speaker A:Yeah.
Speaker A:The latest transparency reports are out and from September we will also share some more insights on that on our LinkedIn.
Speaker A:But so tell me, how big are the Chinese players now?
Speaker A:Ingrid?
Speaker B:Yeah, the latest numbers shows that temu has now 115.7 million European users per month in the first half year of this year.
Speaker B: ompared to the second half of: Speaker B:That's quite huge.
Speaker B:Yeah, yeah.
Speaker B:And especially which I found interesting in France, they grew by nearly plus 20% and they are really pushing back in every major European market.
Speaker B:Yeah.
Speaker B:And oh, and in Germany, Timo and Shein are now basically tied.
Speaker B:So 19.3 million users for Timo and 19.9 for Shane.
Speaker A:That's really crazy.
Speaker A:And it's.
Speaker A:Yeah.
Speaker A:So interesting considering Sheen has been building in Europe for years and Timo only entered recently.
Speaker A:I mean it's also years, but really pushing hard in the past two years.
Speaker B:Timo is just two years and I think she.
Speaker B:And is now five or so in Europe.
Speaker B:Yeah.
Speaker A:Yeah.
Speaker A:And it shows how powerful Timo's marketing machine is and how receptive consumers are to ultra cheap products.
Speaker A:Delivered fast, but delivered fast, I would say.
Speaker A:Nah, sometimes so.
Speaker A:Sometimes so.
Speaker B:Yeah, but that's, that's something that Timo is working on at the moment, you know, trying to aggregate more and more European sellers.
Speaker B:That's what I heard in, in Berlin as well.
Speaker B:Like every seller that I was talking to told me, ah, Shane has already approached me.
Speaker B:Oh, they really, they're really insistent, you know, calling me twice a week.
Speaker B:And what I also heard from actually from Caroline Langer.
Speaker A:Okay.
Speaker B:Because he said, sorry, no Timu.
Speaker B:And yeah.
Speaker B:Caroline Langer told me, you know, our podcast guest, the lady with the seats, that, that they had been contacted by Timo after she was on our podcast and now she's actually considering starting there because she was, she would be like the first seller of Seeds on the whole platform.
Speaker B:So that might be an interesting opportunity for her.
Speaker B:And what she told me is that they are not only insistent, but they are also very, very helpful.
Speaker B:You know, so she had a question to her account manager and she, and she wrote to him on a Saturday evening and she was answered in, in just 15 minutes.
Speaker A:Wow.
Speaker B:Stuff like that.
Speaker B:So they are really, really.
Speaker B:Yeah.
Speaker B:Trying to, to woo the sellers.
Speaker B:Yeah, I already told her that if she has started on Sheen, she has to come back to the podcast.
Speaker B:What's up with me?
Speaker A:You are not.
Speaker B:Maybe I'm not really.
Speaker B:Yeah, yeah.
Speaker B:Not 100 fit at the moment.
Speaker B:So sorry for that.
Speaker B:So after she started you can just.
Speaker A:You can just say she.
Speaker A:So yeah, you will always be 50.
Speaker B:Right.
Speaker B:I'm already talking a lot about she.
Speaker B:Is she in?
Speaker B:Let's just, you know, let's just talk about she in.
Speaker B:Because they, they did something interesting this, this month as well because they have launched their accelerator program which is a program to, for companies to join in and where they basically make it make their on demand manufacturing logistics platform available to other companies.
Speaker B:So that's their accelerator and they have now started that one in France, in the UK and in China.
Speaker B:And Pimkey is one of the first European companies to join.
Speaker B:So you as my fashion queen, what's going on here?
Speaker A:Yeah, well this is quite a story.
Speaker A:So Pimkey is a fast fashion vertical manufacturer.
Speaker A:You can compare them to, I don't know or they or New Yorker.
Speaker A:They have agreed to join Shein's accelerator, which means they use Shein's on demand manufacturing, logistics and global platform to sell online.
Speaker A:And right now Pimke's online business makes up less than 5% of its revenue.
Speaker A:Well, usually for those fast fashion manufacturers they are often lower price category.
Speaker A:It's pretty difficult for them to create a profitable e commerce business.
Speaker A:So this is not a. I would say this is not quite unusual to have just 5%.
Speaker A:Sometimes they even say no to online business at all.
Speaker A: who bought the chain in early: Speaker A:And partnering with Shein gives them immediate access to 160 markets which is hard to achieve on their own.
Speaker A:So and I would say also that especially for this price entry, fast fashion manufacturers, she in is a very good match.
Speaker B:Yeah, that's what I would say actually.
Speaker B:And if I remember correctly, Pimke has been tried struggling over the last years.
Speaker B:So they have to do something.
Speaker B:So this does sound like a bold turnaround strategy.
Speaker B:But there was also a lot of controversy around this, wasn't it?
Speaker A:Exactly.
Speaker A:The former owners, the Moulies family, are actually suing.
Speaker A:So they are really huge.
Speaker A:We just like look into like who is belonging to the Moulies family, like.
Speaker B:Basically everyone in France.
Speaker A:It's really crazy.
Speaker B:See everyone.
Speaker A:And then sometimes we were like oops.
Speaker A: eah, when they sold Pimkey in: Speaker A:And they now argue that this partnership with Shein violates that agreement and they want the money back.
Speaker A:So Hanasi, the current CEO says there is no legal basis for the lawsuit, that this corporation is simply part of Pimky's restructuring and should even create jobs.
Speaker A:Jobs.
Speaker A:But legally and emotionally it's a highly charged situation.
Speaker B:Quite interesting.
Speaker B:I think this is something that we should look into a bit more.
Speaker B:Also, obviously you don't mess with the Moliere family.
Speaker B:Okay.
Speaker B:I mean I can understand that she in itself is not, you know, controversy free.
Speaker A:Yeah, absolutely.
Speaker A:I mean she faces ongoing, ongoing criticism over labor conditions, environmental impact and protection, product quality In France, some commentators even called the Pimkisha in partnership an alliance of shame.
Speaker A:I mean, yeah, friends are very proud.
Speaker A:Yeah.
Speaker A:But that shows how sensitive the fashion industry is to reputational issues.
Speaker A:And Sheen is actually a topic for reputation in the fashion industry.
Speaker A:It is.
Speaker A:And aligning with Sheen might bring Pimkey new sales channels, but it could also damage their brand image further.
Speaker A:But to be very honest, like, that's my 50 cent.
Speaker A:Pimkey's reputation is really.
Speaker A:They are a price entry, fast fashion manufacturer.
Speaker A:So reputation for Pimkey.
Speaker A:Yeah, yeah.
Speaker A:If we would talk about, I don't know, like premium fashion brand, I would say like, okay, yeah, that's a thing.
Speaker A:And this is also what I get when I talk with fashion brands also from our marketplace leader circle.
Speaker A:They're like Sheen Tae Moo.
Speaker B:Yeah.
Speaker A:So.
Speaker A:But it's also interesting because on the other hand, because it's also a new market and much potential.
Speaker A:I mean, we, we've already talked about the numbers, right.
Speaker A:And the growth rates and who else has this right now?
Speaker B:Yeah, absolutely.
Speaker B:And, and I always, always find that funny.
Speaker B:You know this.
Speaker B:Oh, labor conditions and environmental impact and stuff like that.
Speaker B:It's like, come on, don't tell me that all the European fast fashion producers are all, I don't know, paying all their labors really great wages and never have any environmental impact.
Speaker B:I mean, come on.
Speaker A:Yeah, I mean, not really.
Speaker A:I mean, there are like some pros and cons.
Speaker A:It's a huge topic.
Speaker A:Yes.
Speaker A:But in the end, also the other fast fashion players are producing in China or also premium brands.
Speaker A:I mean, China got like so much, much and so much better in manufacturing fashion.
Speaker A:They are so much specialized in so many different things that you cannot produce it somewhere else.
Speaker A:Anyway, I mean, I'm a, I studied fashion textile management.
Speaker A:So I'm really deep into this and.
Speaker A:Yeah, so but this is a completely different story.
Speaker A:But let us come back to the Pimkey case.
Speaker A:There has been also struggling financially.
Speaker B:So.
Speaker A:Last year a French court granted them restructuring protection.
Speaker A:They weren't insolvent yet, but they clearly needed a radical turnaround plan.
Speaker A:And from that perspective, partnering with Shein looks like a survival strategy.
Speaker A:So the logic is better to grow quickly online with Shein's infrastructure than risk fading away altogether.
Speaker B:Yeah.
Speaker B:Yeah.
Speaker B:Balancing act really.
Speaker B:So short time survival to she in and I don't know, I mean, maybe not even short time short term.
Speaker B:After all, Shein has been around for now nearly a decade and in Europe around six years.
Speaker B:So this is for the lower entry price segment.
Speaker B:This is a player that won't go away again.
Speaker B:So I think it's a good idea.
Speaker A:Exactly.
Speaker A:And I think also what makes this case so interesting for the entire industry is Pimpy may be a test case for whether European brands can or should align with Shein.
Speaker A:And if that works, others may follow.
Speaker A:But it backfires.
Speaker A:So legally or reputationally, it will serve as a warning.
Speaker A:So I mean overall we will see how it will backfire, if it will backfire.
Speaker A:And for, I mean, in the end, as a fashion brand, you still have to decide is it matching your target group or not, is it, is it adding up to each other?
Speaker A:But in this case, I would say it's actually a pretty good match.
Speaker B:Yeah.
Speaker B:Yeah.
Speaker B:So I guess these were the most important news for September.
Speaker B:So we had one buy expanding in the UAEU and Allegro continuing to grow and AI news from Amazon and Miracle and yeah, Timo growing like crazy and yeah.
Speaker B:And she in doing interesting things with pimkey.
Speaker B:So a lot of things going on in just in September.
Speaker A:Yeah, it really is.
Speaker A:And it shows that the marketplace landscape in Europe is more dynamic than ever.
Speaker A:So we have new challengers, strong regional leaders, big tech pushing AI and fast fashion players reinventing their models.
Speaker B:Yeah.
Speaker B:And I guess that's it for today's episode of let's Talk Marketplace.
Speaker B:Thanks for joining us.
Speaker B:And don't forget to subscribe so you never miss any updates for all the fast moving industries.
Speaker A:Yeah.
Speaker A:And we're happy to see you at one of our webinars or at our Connect event or here again at the podcast.
Speaker A:See you next time.
Speaker B:See you then.
Speaker A:Bye Bye.
Speaker B:You listen to let's Talk Marketplace.
Speaker A:The Marketplace podcast with Ingrid Lommer and Valerie Dichle.
Speaker B:Sam.