Online marketplace

Rise in Consumer Confidence Fuels Online Shopping Growth in Europe

Consumer confidence is rebounding in Europe, leading to a surge in online shopping this year, according to Ecommerce Europe, as reported by Reuters. This resurgence is partly attributed to increased competition from budget-friendly online marketplaces like PDD Holdings' Temu, which are appealing to cost-conscious shoppers.

Tech platforms facing rebellions

When Jak found online marketplace Etsy, it seemed like the perfect match: a tech platform for small traders to sell handmade items that promised to be a creative outlet and bring tidy profits.

Five years later, Jak is one of thousands in open rebellion against the place they once saw as a safe haven - part of a growing trend of users rising up against tech platforms.