French DIY-marketplace ManoMano has plans to double down on Northern Europe in 2021. The ecommerce platform wants to increase its focus on Germany and the United Kingdom. It also wants to improve the website’s experience for both merchants and customers.
Marketplaces - archive
Looking for popular online marketplaces in Europe? If not, please read further. Whenever you ask someone what comes up in his mind on hearing the word ‘ecommerce’, there’s a big chance he’ll come up with eBay or Amazon. And can you blame him? These marketplaces are amongst the biggest and most successful ecommerce players in the world. Marketplaces are very popular among consumers as they often offer a very wide range of merchandise, all on one siteRead more about Marketplaces
Berlin Brands Group has announced today it will invest 250 million euros for the acquisition of ecommerce brands that sell on Amazon. It plans to spend this money over the next 18 months.
ProfiCircle, a B2b marketplace from Romania that sells commercial equipment like pallet racks and industrial mezzanines, is expanding. The startup will launch its marketplace in Germany and Switzerland next month.
Cdiscount has announced it will launch an online marketplace solution that can be used by other retailers. The complete solution, which takes care of technology, offer, and logistics, enables physical and online retailers to develop their own marketplace operations.
About 98,000 businesses and 1.1 million individuals sold a total of 347 million products on Trendyol last year. The popular Turkish ecommerce platform also contributed to the creation and retention of 1.1 million jobs in Turkey.
Wholesale platform BigBuy has launched its new connector, which enables selling on Amazon.nl, the Dutch Amazon marketplace that opened its doors in March last year. BigBuy wants to help its B2B customers sell on Amazon.nl without the need to invest in stock.
OnBuy, a major online marketplace from the United Kingdom, has started an aggressive global expansion plan. The company wants to launch into more than 140 countries by the end of 2023. The plans follow after securing 5.5 million euros in a Series A funding round last June.
Cdiscount has launched Cdiscount Occasion, a platform full of second-hand products. Cdiscount Occasion features items from all product categories: from high-tech and DIY to books and toys.
Secondhand fashion marketplace Vinted has launched in Italy. This is the 13th market where the online platform from Lithuania has opened its digital doors.
Bizay, a marketplace for customized products, has raised 32 million euros in a Series C round. The round was led by the European Investment Bank and Indico, with support from Iberis Capital and existing investors.
MerXu , a new ecommerce platform for B2B customers, has entered the market in Central and Eastern Europe. It’s co-founded by three former Allegro executives.
Ankorstore, a wholesale marketplace from France, has raised 29.9 million dollars (25 million euros) in a Series A round. Index Ventures led the round, while existing investors GFC, Alven and Aglaé participated.
54 percent of European brands think their ecommerce potential is crippled by their logistical capabilities. And that’s why many retailers and brands turn to online marketplaces. But they also think that relying on marketplaces isn’t sustainable and want to shift the balance more to their own ecommerce channels.
The Czech company Nulisec has launched an online business-to-business marketplace for retailers. The platform started out as project to digitize the local wholesale business center in Prague, but turned into an online wholesale marketplace with thousands of businesses.
Rakuten.de will no longer accept any new orders. The online marketplace announced it will close its doors on 15 October. The decision was made due to challenges with “leading the ecommerce business to a relevant market presence”.