Online-only supermarket Picnic is planning to expand to the United Kingdom and France. As a result of the upcoming expansion, Picnic has exchanged its collaboration with purchasing organization Superunie for a deal with German supermarket chain Edeka.
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.
Cross-border ecommerce in Europe was worth 143 billion euros in 2019. And 59 percent of this market, 84 billion euros, is generated by online marketplaces. Amazon accounts for 22 percent of the market, while marketplaces with European capital represent 11 percent.
Online fashion retailer ModCloth has announced its return to Europe. The decision follows after not shipping to the European market for one and a half year. But after the acquisition of ModCloth by Go Global Retail last year, the company is available to consumers in Europe again.
MultiSafepay, a Dutch collecting payment service provider, has announced today it will open an office in Germany. By making this step, the company wants to strengthen its German presence and support further growth internationally.
Afterpay has announced plans to buy Pagantis, its European rival. The Australian company is set to pay 50 million euros for the buy-now-pay-later company. The acquisition is part of Afterpay’s global expansion plans.
Saloodo, a digital freight platform from Germany, is expanding. The startup, which connects shippers and carriers with a solution for ordering and handling shipments, will now launch its platform in Turkey.
Checkout Charlie, a German company with many consumer and discount portals, is expanding in Europe again. The business, part of A company of the Media Group RTL Germany, has launched two new voucher portals: Buonisconto.it in Italy and Topdescuento.es in Spain.
Online department store FonQ has left Germany. The Dutch ecommerce company says it wants to focus solely on its profiting businesses in the Netherlands and Belgium instead.
Over half of online businesses in Europe believe that cross-border expansion within the European Union is becoming increasingly difficult. Research shows that the diversity of regulations across the EU is a barrier to international growth.
Dutch wholesale marketplace Orderchamp has opened its digital doors in France. From now on, French physical retailers and online store owners can register for free to buy products, while French brands can start selling their assortment to over 12,000 connected retailers in Europe.
Dutch omnichannel retailer Coolblue has set the first steps to expand to Germany. In the Düsseldorf area, Coolblue starts with its own delivery network, installation service, bike couriers and physical stores. Further expansion across Germany is the next step.
Turkey wants to increase its export market share in the Middle East and North Africa. It’s planning new initiatives in the ecommerce sector. Therefore, it will form a virtual committee to promote and help ecommerce companies online.
Czech online optician Lentiamo is expanding in Europe again. The ecommerce company has now launched its online store in Ireland. From now on, Irish shoppers can order contacts, spectacles and sunglasses in the online Lentiamo shop.
Food Union, a dairy production and distribution company from Latvia, has launched an ecommerce distribution service in four markets across Europe. The Riga-based company now delivers ice cream, dairy products, pastry and frozen food to customers in Latvia, Lithuania, Romania and Denmark.
Fashion retailer Forever 21 has re-entered the ecommerce scene in Europe. The American company has launched new localized online stores for the most popular markets in Europe.