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Updates: Amazon

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News: Amazon

Amazon launches in Ireland: companies can register

Amazon is opening its Irish marketplace and inviting companies to register here early to benefit from new business opportunities.

• Early start: merchants can now register for Amazon.ie and offer their products in time for the launch.
• New manager: with Alison Dunn as Country Manager, Amazon is relying on strong local expertise for the Irish market.

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News: E-Commerce

Temu sets its eyes on premium brands

Temu, known for its affordable products, now wants to attract premium brands to the platform in order to offer a wider selection of products and compete more strongly with Amazon.

• New target group: at the Footwear Show New York Expo, more than 70 shoe brands from all over the world gathered to display samples of their goods for buyers – including Temu.
• Growth strategy: an employee of another brand who spoke anonymously to Modern Retail learnt that Temu is trying to go beyond cheap products: ‘They want to sell everything’.

More E-Commerce-News:

• Zalando buys ABOUT YOU
• USA and UK: TikTok Shop reports new records
• TikTok Shop launches in Spain and Ireland
• UK: Home delivery is still more popular
• USA: Temu is Apple’s most downloaded app
• Young social commerce shoppers shop impulsively
• Zalando launches on TikTok Shop

News: AI in Online Retail

Amazon presents AI tool ‘Nova’

Amazon presents ‘Nova’, an AI tool within AWS Bedrock, taking the next step in providing generative AI solutions for customers.

• Efficient solutions: from 2025, this new generation of AI models will be able to process text, images and videos as a prompt.
• Encourage creativity: customers will also be able to use generative AI applications based on Amazon Nova to understand videos, diagrams and documents or generate videos and other multimedia content.

More News on AI:

• These AI trends are coming in 2025
• OpenAI makes AI video generator Sora publicly available in the USA
• How generative AI can improve supply chain management

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(Source: Remazing Amazon Shopper Report 2024 by Remazing & Appinio)