Marketplace WEE and Data Insight unveil the first e-commerce map for the MENA region.
Marketplace WEE, in collaboration with analytics company Data Insight, has introduced the first e-commerce map for the MENA region. This project is designed for sellers, analysts, and all e-commerce market participants.
The map, featuring logos of key industry players, helps navigate the rapidly growing e-commerce sector in this promising region. It is especially useful for businesses looking to expand or already operating in the UAE market.
📌 The screenshot shows only a portion of the map, which consists of six main sections, including marketplaces, IT, logistics, and more.
Marketplace WEE, in collaboration with analytics company Data Insight, has introduced the first e-commerce map for the MENA region. This project is designed for sellers, analysts, and all e-commerce market participants.
The map, featuring logos of key industry players, helps navigate the rapidly growing e-commerce sector in this promising region. It is especially useful for businesses looking to expand or already operating in the UAE market.
📌 The screenshot shows only a portion of the map, which consists of six main sections, including marketplaces, IT, logistics, and more.
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Amazon surpasses Walmart in quarterly revenue for first time.
At the end of the fourth quarter, Amazon earned 187.8 billion, and Walmart - 180.5 billion. Since 2012, Walmart has been the leader in quarterly income. Despite this, Walmart continues to lead in annual sales, although Amazon is closing the gap.
For the current fiscal year, Walmart expects revenue of 708.7 billion, and Amazon - 700.8 billion.
At the end of the fourth quarter, Amazon earned 187.8 billion, and Walmart - 180.5 billion. Since 2012, Walmart has been the leader in quarterly income. Despite this, Walmart continues to lead in annual sales, although Amazon is closing the gap.
For the current fiscal year, Walmart expects revenue of 708.7 billion, and Amazon - 700.8 billion.
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70% of users remain polite and thank the AI for help.
According to a new study, only 70% of people say “please” and “thank you” to chatbots. Statistics show: 55% of users thank AI out of habit, another 12% hope that politeness will save them in the future, when machines enslave us.
The remaining respondents consider gratitude a pointless waste of time (20%) or are fundamentally rude to the car (13%).
According to a new study, only 70% of people say “please” and “thank you” to chatbots. Statistics show: 55% of users thank AI out of habit, another 12% hope that politeness will save them in the future, when machines enslave us.
The remaining respondents consider gratitude a pointless waste of time (20%) or are fundamentally rude to the car (13%).
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Jeff Bezos got rid of the "James Bond" producers who annoyed him by paying them $1 billion (!).
The two producers, Barbara Broccoli and Michael Wilson, criticized Amazon for its plans to create Bond-related TV series, calling Bezos an "idiot."
When Jeff was told about their words, he said: "I don’t care how much it costs. Just get rid of them."
As a result, the company paid a hefty $1 billion bonus to end its collaboration with the producers.
The two producers, Barbara Broccoli and Michael Wilson, criticized Amazon for its plans to create Bond-related TV series, calling Bezos an "idiot."
When Jeff was told about their words, he said: "I don’t care how much it costs. Just get rid of them."
As a result, the company paid a hefty $1 billion bonus to end its collaboration with the producers.
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The American rocket New Shepard will conduct its 11th commercial suborbital flight with tourists on board this spring.
The crew will consist of six women, according to the press service of Blue Origin, the company owned by Amazon founder Jeff Bezos.
"This is the first all-female crew since Valentina Tereshkova's flight in 1963," the statement said.
The mission participants include:
📍Aerospace engineer and entrepreneur Aisha Bowe (USA/Bahamas);
📍Film producer Keriann Flynn (USA);
📍CBS News radio host Gayle King (USA);
📍Activist Amanda Nguyen (USA/Vietnam);
📍Journalist, entrepreneur, and Jeff Bezos' fiancée Lauren Sánchez (USA);
📍Singer Katy Perry (USA).
The crew will consist of six women, according to the press service of Blue Origin, the company owned by Amazon founder Jeff Bezos.
"This is the first all-female crew since Valentina Tereshkova's flight in 1963," the statement said.
The mission participants include:
📍Aerospace engineer and entrepreneur Aisha Bowe (USA/Bahamas);
📍Film producer Keriann Flynn (USA);
📍CBS News radio host Gayle King (USA);
📍Activist Amanda Nguyen (USA/Vietnam);
📍Journalist, entrepreneur, and Jeff Bezos' fiancée Lauren Sánchez (USA);
📍Singer Katy Perry (USA).
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Which Luxury Categories Grew in 2024 and Which Did Not — Continuing the Bain & Company Report Review.
❗️Important Note: Growth in monetary terms does not necessarily mean an increase in unit sales. In many categories, price hikes and a shift toward higher-end segments contributed to revenue growth.
💄Beauty. Sales in the largest category grew by 3-5% year-on-year to €79 billion. The key drivers were decorative cosmetics (in Western markets) and niche perfumery.
👜 Leather Accessories. Sales declined by 3-5% to €78 billion. After several years of steady growth, the category faced challenges as consumers became more selective.
👚Apparel. Demand fell slightly by -2% to €76 billion. Growth was observed in both the highest and lowest price segments (within luxury) as well as in sportswear and activewear subcategories.
⏰ Watches. This category experienced one of the sharpest declines, with sales dropping by 5-7% to €51 billion. Only top-tier brands maintained positive momentum, while consumer interest in other manufacturers weakened.
💍Jewelry. Sales in this category increased by around 2% to €31 billion. The strongest growth was seen in the high-end segment. Overall, jewelry brands successfully implemented high-low strategies and customer-centric approaches.
👠Footwear. Similar to the watch category, sales declined by 5-7% to €25 billion. The downturn was driven by consumers opting for premium and lower-priced footwear instead of luxury amid rising prices.
🕶 Eyewear. Sales grew by 3-5% to €17 billion. Unlike footwear, eyewear buyers preferred more expensive and unique products.
❗️Important Note: Growth in monetary terms does not necessarily mean an increase in unit sales. In many categories, price hikes and a shift toward higher-end segments contributed to revenue growth.
💄Beauty. Sales in the largest category grew by 3-5% year-on-year to €79 billion. The key drivers were decorative cosmetics (in Western markets) and niche perfumery.
👜 Leather Accessories. Sales declined by 3-5% to €78 billion. After several years of steady growth, the category faced challenges as consumers became more selective.
👚Apparel. Demand fell slightly by -2% to €76 billion. Growth was observed in both the highest and lowest price segments (within luxury) as well as in sportswear and activewear subcategories.
⏰ Watches. This category experienced one of the sharpest declines, with sales dropping by 5-7% to €51 billion. Only top-tier brands maintained positive momentum, while consumer interest in other manufacturers weakened.
💍Jewelry. Sales in this category increased by around 2% to €31 billion. The strongest growth was seen in the high-end segment. Overall, jewelry brands successfully implemented high-low strategies and customer-centric approaches.
👠Footwear. Similar to the watch category, sales declined by 5-7% to €25 billion. The downturn was driven by consumers opting for premium and lower-priced footwear instead of luxury amid rising prices.
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Let’s continue analyzing the report Luxury in Transition: Securing Future Growth by Bain & Company.
China
✅ The country experienced the sharpest sales decline among all regions: -20-22%.
✅ Demand was impacted by overall macroeconomic factors and a decrease…
China
✅ The country experienced the sharpest sales decline among all regions: -20-22%.
✅ Demand was impacted by overall macroeconomic factors and a decrease…
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Declining Profitability and Innovation — Concluding the Bain & Company Report Review and Looking at the Future of Luxury Brands.
Key Takeaways
✅ Amid declining margins, brands will need to balance moderate growth while maintaining profitability.
✅ To achieve this, they will optimize supply chains and invest in technology, including collaborations with suppliers.
✅ Companies must move away from the growth-driven perspective of 2021–2023 and redefine their value proposition.
✅ To enhance customer loyalty, brands may focus on creating products that tell a story and convey brand values.
Key Figures
✅ By 2030, the overall luxury market is expected to grow to €2 trillion (at current exchange rates), with annual growth of 5–9%.
✅ In 2025, the personal luxury goods segment is projected to grow by up to 4%, driven by strong sales in Europe and the Middle East, as well as a recovery in demand in China and Japan.
✅ By 2030, its CAGR (compound annual growth rate) could reach 4–6%, with total sales between €460–500 billion.
✅ Online channels will expand to 30–33% of the segment, with monobrand stores occupying the same share. Multibrand offline formats will be the most negatively affected.
✅ EBIT margins in the personal luxury sector are expected to decline from 21% to 18–19% in the coming years, though still above the market average of 15%.
✅ Over the next five years, 300 million new consumers—primarily from China—are expected to enter the luxury market.
Key Takeaways
✅ Amid declining margins, brands will need to balance moderate growth while maintaining profitability.
✅ To achieve this, they will optimize supply chains and invest in technology, including collaborations with suppliers.
✅ Companies must move away from the growth-driven perspective of 2021–2023 and redefine their value proposition.
✅ To enhance customer loyalty, brands may focus on creating products that tell a story and convey brand values.
Key Figures
✅ By 2030, the overall luxury market is expected to grow to €2 trillion (at current exchange rates), with annual growth of 5–9%.
✅ In 2025, the personal luxury goods segment is projected to grow by up to 4%, driven by strong sales in Europe and the Middle East, as well as a recovery in demand in China and Japan.
✅ By 2030, its CAGR (compound annual growth rate) could reach 4–6%, with total sales between €460–500 billion.
✅ Online channels will expand to 30–33% of the segment, with monobrand stores occupying the same share. Multibrand offline formats will be the most negatively affected.
✅ EBIT margins in the personal luxury sector are expected to decline from 21% to 18–19% in the coming years, though still above the market average of 15%.
✅ Over the next five years, 300 million new consumers—primarily from China—are expected to enter the luxury market.
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Ecom: The Future. AI, Crypto, Innovation
Which Luxury Categories Grew in 2024 and Which Did Not — Continuing the Bain & Company Report Review.
❗️Important Note: Growth in monetary terms does not necessarily mean an increase in unit sales. In many categories, price hikes and a shift toward higher…
❗️Important Note: Growth in monetary terms does not necessarily mean an increase in unit sales. In many categories, price hikes and a shift toward higher…
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The Economist published its annual ranking of the best countries for working women.
The ranking is based on the “glass ceiling index”, which assesses equal opportunities for women in the labor market.
Scandinavian countries traditionally lead due to high female employment rates, strong representation in leadership positions, and access to education.
Top 10 Countries for Working Women:
📍Sweden
📍Iceland
📍 Finland
📍Norway
📍Portugal
📍 New Zealand
📍France
📍Spain
📍Denmark
📍Australia
Female employment reaching an average of 66.6% An increase in the number of women in parliaments. A record-high average duration of paid maternity leave at 31.6 weeks.
The ranking is based on the “glass ceiling index”, which assesses equal opportunities for women in the labor market.
Scandinavian countries traditionally lead due to high female employment rates, strong representation in leadership positions, and access to education.
Top 10 Countries for Working Women:
📍Sweden
📍Iceland
📍 Finland
📍Norway
📍Portugal
📍 New Zealand
📍France
📍Spain
📍Denmark
📍Australia
Female employment reaching an average of 66.6% An increase in the number of women in parliaments. A record-high average duration of paid maternity leave at 31.6 weeks.
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A deadly benzene linked to cancer and leukemia has been found in the popular La Roche-Posay cream.
Potentially hazardous products have already been removed from stores in the U.S. The company is preparing an improved version of Effaclar Duo, which will be available soon.
Earlier, an independent European laboratory detected high benzene levels in creams from Clinique and Clearasil.
Potentially hazardous products have already been removed from stores in the U.S. The company is preparing an improved version of Effaclar Duo, which will be available soon.
Earlier, an independent European laboratory detected high benzene levels in creams from Clinique and Clearasil.
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Amazon has supported a threefold increase in nuclear energy production.
An inter-industry group of major energy consumers has signed a commitment to support an initiative aimed at significantly expanding global nuclear power capacity, according to a statement on the World Nuclear Association (WNA) website.
This marks the first time that large companies outside the nuclear sector have united to publicly endorse a large-scale and coordinated expansion of nuclear energy to meet the world’s growing energy demand, the association noted.
The group includes Google (a subsidiary of Alphabet Inc.), Amazon. com Inc., Meta, Occidental Petroleum, Lloyd’s Register, and Dow Inc. They have joined 14 of the world's largest banks and financial institutions, 140 nuclear industry companies, and 31 countries in supporting the goal of tripling global nuclear capacity by 2050.
An inter-industry group of major energy consumers has signed a commitment to support an initiative aimed at significantly expanding global nuclear power capacity, according to a statement on the World Nuclear Association (WNA) website.
This marks the first time that large companies outside the nuclear sector have united to publicly endorse a large-scale and coordinated expansion of nuclear energy to meet the world’s growing energy demand, the association noted.
The group includes Google (a subsidiary of Alphabet Inc.), Amazon. com Inc., Meta, Occidental Petroleum, Lloyd’s Register, and Dow Inc. They have joined 14 of the world's largest banks and financial institutions, 140 nuclear industry companies, and 31 countries in supporting the goal of tripling global nuclear capacity by 2050.
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🚀 Top 3 Channels for E-commerce Entrepreneurs 🚀
Want to boost your sales, leverage AI in business, and stay ahead of trends? These channels are for you:
📌Ecom: The Future. AI, Crypto, Innovation – Everything about how artificial intelligence can help increase sales and automate processes.
📌 Marketplace Bestsellers – Curated lists of top-selling products on marketplaces. Discover trends and maximize your profits.
📌World e-commerce & Crypto – How blockchain and cryptocurrencies are transforming e-commerce. Insights, case studies, and new opportunities.
Subscribe now and stay ahead of the game! 🔥
Want to boost your sales, leverage AI in business, and stay ahead of trends? These channels are for you:
📌Ecom: The Future. AI, Crypto, Innovation – Everything about how artificial intelligence can help increase sales and automate processes.
📌 Marketplace Bestsellers – Curated lists of top-selling products on marketplaces. Discover trends and maximize your profits.
📌World e-commerce & Crypto – How blockchain and cryptocurrencies are transforming e-commerce. Insights, case studies, and new opportunities.
Subscribe now and stay ahead of the game! 🔥
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A hockey ticket was sold on eBay for $10,500.
A ticket from the debut game of Russian forward and Washington Capitals captain Alexander Ovechkin in the National Hockey League (NHL), signed by the player, was sold on the eBay online auction for $10,500. This was reported by journalist and business analyst Darren Rovell on his X social media page.
Ovechkin made his NHL debut on October 5, 2005, in a game against the Columbus Blue Jackets.
A ticket from the debut game of Russian forward and Washington Capitals captain Alexander Ovechkin in the National Hockey League (NHL), signed by the player, was sold on the eBay online auction for $10,500. This was reported by journalist and business analyst Darren Rovell on his X social media page.
Ovechkin made his NHL debut on October 5, 2005, in a game against the Columbus Blue Jackets.
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Amazon tops the top 20 e-commerce platforms in the global ranking.
We Are Social has published an annual report on popular online platforms. The leaders of the ranking are Amazon, Shopee (leader in Southeast Asia) and Flipkart (leader in India).
In terms of online sales, Russia is still behind many countries: in the US, the share of e-commerce is 33.7% of total spending on consumer goods, in China - 31.2%, in the UK - 23.2%, while in Russia this figure is only 6.6%.
We Are Social has published an annual report on popular online platforms. The leaders of the ranking are Amazon, Shopee (leader in Southeast Asia) and Flipkart (leader in India).
In terms of online sales, Russia is still behind many countries: in the US, the share of e-commerce is 33.7% of total spending on consumer goods, in China - 31.2%, in the UK - 23.2%, while in Russia this figure is only 6.6%.
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By 2030, 9 out of 10 loyalty program owners will use AI on a daily basis.
Currently, about 40% of loyalty program owners already incorporate AI into their work, while approximately 50% plan to implement it in the future. These insights come from the Global Customer Loyalty 2025 report, which also examines the impact of AI technologies on e-commerce. The survey gathered opinions from over 600 company executives and loyalty experts worldwide.
According to analysts' forecasts, by 2030, AI will be used daily by 90% of loyalty program owners. In the loyalty sector, AI will primarily be applied to customer support, program enhancement, and analytics.
Currently, about 40% of loyalty program owners already incorporate AI into their work, while approximately 50% plan to implement it in the future. These insights come from the Global Customer Loyalty 2025 report, which also examines the impact of AI technologies on e-commerce. The survey gathered opinions from over 600 company executives and loyalty experts worldwide.
According to analysts' forecasts, by 2030, AI will be used daily by 90% of loyalty program owners. In the loyalty sector, AI will primarily be applied to customer support, program enhancement, and analytics.
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Amazon is implementing robots to automate its warehouses, but it seems they haven’t yet been taught the most important thing — traffic rules. Two "smart" assistants created a traffic jam on a flat surface and are just waiting to see who gives up first.
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The global artificial intelligence market is advancing by leaps and bounds.
In 2022, the annual AI market growth was estimated at 35–40% in the medium term. By 2024, forecasts had already increased to 60–85%. According to the Bain Technology Report, the global AI market could reach $1 trillion by 2027. E-commerce is no exception.
According to a Prosus study, AI has already reduced e-commerce delivery costs by 16% by automating 25 million routes per month. Artificial intelligence moderates and processes 95% of listings (2 million per day) and 7 million images daily. Additionally, 56% of customer support requests are automated, leading to a 40% cost reduction.
In 2022, the annual AI market growth was estimated at 35–40% in the medium term. By 2024, forecasts had already increased to 60–85%. According to the Bain Technology Report, the global AI market could reach $1 trillion by 2027. E-commerce is no exception.
According to a Prosus study, AI has already reduced e-commerce delivery costs by 16% by automating 25 million routes per month. Artificial intelligence moderates and processes 95% of listings (2 million per day) and 7 million images daily. Additionally, 56% of customer support requests are automated, leading to a 40% cost reduction.
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LEGO reports record revenue for 2024 — with a little help from Harry Potter.
Despite a decline in global demand for building sets and children's toys in general, Star Wars, Harry Potter, and other collaborations with popular franchises and brands helped LEGO achieve strong results.
In 2024, LEGO generated $10.79 billion in revenue, marking a 13% increase compared to 2023. Net profit also grew by 5.3% year-over-year, reaching $2 billion.
Despite a decline in global demand for building sets and children's toys in general, Star Wars, Harry Potter, and other collaborations with popular franchises and brands helped LEGO achieve strong results.
In 2024, LEGO generated $10.79 billion in revenue, marking a 13% increase compared to 2023. Net profit also grew by 5.3% year-over-year, reaching $2 billion.
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Xiaomi’s net profit soars by 90% in Q4 to $1.24 billion amid record revenue growth – The Wall Street Journal.
▶️ Quarterly revenue surged by 49%, surpassing $14 billion for the first time. Xiaomi's annual net profit increased by 35%.
▶️ Smartphones were the key growth driver, with sales rising by 16%. Additionally, home appliances, tablets, and lifestyle products contributed to the growth, with revenue increasing by 30% in this segment.
▶️ Gross profit from EV production reached 18.5%. Analysts note that Xiaomi’s electric vehicle business has boosted investor confidence in the company’s growth potential, driving a 53% stock surge in Q4 and nearly 70% growth since the start of the year.
▶️ Quarterly revenue surged by 49%, surpassing $14 billion for the first time. Xiaomi's annual net profit increased by 35%.
▶️ Smartphones were the key growth driver, with sales rising by 16%. Additionally, home appliances, tablets, and lifestyle products contributed to the growth, with revenue increasing by 30% in this segment.
▶️ Gross profit from EV production reached 18.5%. Analysts note that Xiaomi’s electric vehicle business has boosted investor confidence in the company’s growth potential, driving a 53% stock surge in Q4 and nearly 70% growth since the start of the year.
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40% of consumers would be more interested in joining a loyalty program if it used AI.
When examining how different demographics think, the key takeaway is that loyalty programs powered by AI are not yet a universal selling point.
Although younger generations are eager to be early adopters, older generations, like Boomers and Gen X are more indifferent towards AI in loyalty programs.
When examining how different demographics think, the key takeaway is that loyalty programs powered by AI are not yet a universal selling point.
Although younger generations are eager to be early adopters, older generations, like Boomers and Gen X are more indifferent towards AI in loyalty programs.
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World’s 20 happiest countries in 2025.
1. Finland
2. Denmark
3. Iceland
4. Sweden
5. Netherlands
6. Costa Rica
7. Norway
8. Israel
9. Luxembourg
10. Mexico
11. Australia
12. New Zealand
13. Switzerland
14. Belgium
15. Ireland
16. Lithuania
17. Austria
18. Canada
19. Slovenia
20. Czech Republic
At the bottom of the list Afghanistan (No. 147) is once again last on the list. Sierra Leone (No. 146), Lebanon (No. 145), Malawi (No. 144) and Zimbabwe (No. 143) make up the rest of the bottom five for happiness.
Which country has the most actively developing marketplaces?
1. Finland
2. Denmark
3. Iceland
4. Sweden
5. Netherlands
6. Costa Rica
7. Norway
8. Israel
9. Luxembourg
10. Mexico
11. Australia
12. New Zealand
13. Switzerland
14. Belgium
15. Ireland
16. Lithuania
17. Austria
18. Canada
19. Slovenia
20. Czech Republic
At the bottom of the list Afghanistan (No. 147) is once again last on the list. Sierra Leone (No. 146), Lebanon (No. 145), Malawi (No. 144) and Zimbabwe (No. 143) make up the rest of the bottom five for happiness.
Which country has the most actively developing marketplaces?
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Apple to replace Siri division head amid AI feature rollout challenges.
Apple is preparing for a leadership shake-up in its division responsible for Siri and AI development. According to Bloomberg, Mike Rockwell, who led the launch of the Vision Pro headset, will replace John Giannandrea as head of the Siri division.
This decision is reportedly driven by delays in developing new AI features and growing dissatisfaction among Apple’s top leadership.
In March, during an internal meeting, one of Apple’s senior executives admitted that Siri is going through a “rough patch,” adding that project leaders bear “significant personal responsibility” for the rollout of AI tools.
Giannandrea will retain a role at the company: Bloomberg notes that a sudden departure might have given the impression that Apple is struggling in the AI race.
Apple is preparing for a leadership shake-up in its division responsible for Siri and AI development. According to Bloomberg, Mike Rockwell, who led the launch of the Vision Pro headset, will replace John Giannandrea as head of the Siri division.
This decision is reportedly driven by delays in developing new AI features and growing dissatisfaction among Apple’s top leadership.
In March, during an internal meeting, one of Apple’s senior executives admitted that Siri is going through a “rough patch,” adding that project leaders bear “significant personal responsibility” for the rollout of AI tools.
Giannandrea will retain a role at the company: Bloomberg notes that a sudden departure might have given the impression that Apple is struggling in the AI race.
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