Russian online marketplace Yandex.Market and major Chinese online retailer JD.com have closed a strategic partnership deal. Since this month, Yandex.Market will sell JD.com’s goods in Russia through its ecommerce platform.
Cross-border ecommerce is a very hot topic, as more online retailers are expanding their businesses abroad. Want to be inspired? Or just stay up-to-date? Read our articles about ecommerce companies who went or are planning to go cross-border.
Fashion retailer Peek & Cloppenburg will open an online store in the Netherlands later this year. The retailer, which has three physical stores in the Netherlands, is focusing more and more on its online business. One year ago, the company opened its online store in Poland.
Galeria Karstadt Kaufhof is cooperating with online retailers Amazon and Zalando. The German department store giant and Amazon have been partners since 2017, but this partnership is being expanded, while Galeria Karstadt Kaufhof now also adds Zalando as a partner.
German food delivery service Eatclever is expanding its territory. The startup is already active in over 60 cities across Germany and now, for the first time, the company is going overseas. The UK is Eatclever’s second foreign market.
AliExpress has opened its marketplace to welcome non-Chinese sellers. The Alibaba-owned business-to-consumer marketplace has changed its business model to better compete with Amazon. Online retailers from Spain, Italy, Turkey and Russia now have access to the Chinese platform.
Nasty Gal, a US fashion retailer focused on young women, has opened its first non-English online store. The Boohoo-owned online retailer has opened its digital doors in France. This country is only the third market where Nasty Gal runs a dedicated ecommerce website.
Consumers from the Netherlands have spent about 1.6 billion euros at foreign online stores that are located in the European Union last year. That’s an increase of 17 percent compared to the situation in 2017.
Micolet, an online marketplace that sells second-hand clothing for women, will expand to two new markets in Europe. The startup will set foot in both Poland and the Netherlands later this year. With this expansion, Micolet will be active in eight countries across Europe.
Picnic, the online-only supermarket from the Netherlands, launched its business in Germany one year ago. Now, the ecommerce company is already profitable in two German cities. In Mönchengladbach, the supermarket makes even more revenue than at the best location the Netherlands.
Beerwulf, a Heineken-owned startup that sells beer online, will expand to more countries in Europe. The company will expand to the same countries where home tap retailer The Sub is already active. Last month, Heineken consolidated The Sub and Beerwulf.
iDeal of Sweden is expecting to double its revenue this year and is now investing heavily in its ecommerce operations. The smartphone accessories retailer has move to a new ecommerce platform and is ready to open business in over 30 new markets.
There were 5 million Dutch consumers who shopped online cross-border last year. That’s a significant increase of 32 percent compared to the situation one year before, when there were 3.8 million cross-border shoppers in the Netherlands. Together, these 5 million people spent about 880 million euros at foreign ecommerce websites.
De Bijenkorf, a high-end department store chain from the Netherlands, will soon open an online store in Germany. The retail company will start with its German ecommerce website somewhere during the summer.
The online cross-border market in Europe represented a turnover of 95 billion euros in 2018. This corresponds to a cross-border share of total online sales in Europe of 22.8 percent. Within these countries, 36 billion euros is generated by the top 500 cross-border ecommerce companies.
Deliveroo has ambitious plans for 2019. The online food delivery platform wants to be available for 100 million people across Europe at the end of this year. The plan is to connected 85,000 restaurants, while developing 1,700 new ‘virtual brands’, which lets restaurants offer dishes from their existing cuisine, but with a different brand name.