Ecommerce in Europe is growing exponentially, especially in the southern countries. The online retail industry in Europe is expected to be worth around 602 billion euros at the end of this year, which would mean ecommerce in Europe will grow 14 percent compared to the situation in 2016. Continue reading
This month, Swedish fashion retailer Chiquelle won the Global E-commerce Award at this year’s Global E-commerce Summit. The company’s pitch won 52 percent of the audience vote, thereby beating Indian online grocery store Big Basket and Swedish furniture manufacturer Ikea. We interviewed CEO and co-founder Pouya Boland about the award and the latest developments, including expanding to more countries. Continue reading
Zur Rose Group, one of the leading pure play online pharmacies in Europe, has launched its initial public offering. The company wants to use the funds raised primarily to accelerate its growth strategy and to further expand its position as pure play ecommerce pharmacy in Europe. Continue reading
The American online payment platform Stripe has expanded its services in Europe by launching in Belgium, the Netherlands and Luxembourg. With Stripe, companies can easily accept online payments on their websites or via a mobile application. Continue reading
Zalando has successfully launched Zalando Fulfillment Solutions, which gives fashion brands access to the company’s logistics infrastructure and know-how. Zalando can take over the order fulfillment for partners, from inbound to return. Continue reading
Payments processor Worldpay has launched a pilot scheme, which enables microbusinesses to accept payments from costumers with an app instead of needing a card terminal. What is said to be an industry first could really help small businesses with accepting card payments easily. Continue reading
It has become commonplace in the United Kingdom to use a smartphone to buy goods and services online. This year, almost 59 percent of digital buyers in the UK, which corresponds to over 25 million people, will make online purchases using their smartphone. Continue reading
Klarna has been granted a full banking license by the Swedish financial supervisory authority Finansinspektionen. This means Klarna can operate as a bank, something it wanted for a long time. With a banking license, Klarna kan now broaden its product portfolio for customers and merchants. Continue reading
In Europe, about 40 percent of the top 10,000 Amazon marketplace sellers makes use of Amazon’s fulfillment service, Fulfillment by Amazon. Since January, the share of sellers who use Fulfillment by Amazon has grown in all countries where Amazon offers this service. Continue reading
Only one week after Ikea announced it has plans to sell its products through third-party websites, the Swedish retailer is now offering select Ikea products through Amazon. Thousands of products are available in all countries where Amazon has a dedicated online store. Continue reading