Allegro has opened its doors in Germany. The Polish ecommerce leader made a quite entrance in its neighboring country. The ecommerce service should help Polish sellers with marketing their products in Germany, Europe’s third largest ecommerce country.
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 succesful ecommerce players in the world. Marketplaces are very popular among consumers as they often offer a very wide range of merchandise, all on one site.
Rakuten is closing its marketplace in the United Kingdom in August. The online platform will also cease its operations in Spain and move customers and merchants from the Austrian website to the German website. The Japanese company wants to focus fully on France and Germany, where its websites have the scale and potential for sustainable growth.
In some countries in Europe, you will use eBay or Amazon if you want to trade your goods via an online marketplace. In Poland, you might get fewer customers than you would expect if you use these American websites. That’s because Allegro is the leading marketplace in Poland. Did you know you must have a Polish website if you want to trade via Allegro?
Fyndiq, an online bargain marketplace from Sweden, has decided to quit its business in Germany. After less than a year, the Swedish company hung a “Sorry, we’re closed” sign on its German ecommerce website. Now Fyndiq is only active in Sweden again.
In 45 days, the best European soccer countries (minus the Netherlands) will decide which country will succeed Spain as the European champion. To get fans in the mood, Amazon France opened a dedicated online Euro 2016 shop, containing more than 134,000 items for soccer fans.
WeMarket has today officially launched its B2B marketplace. International buyers and sellers can do business with each other on this online platform, without having to deal with private customers. The Dutch website is an initiative of one of the founders of file transfer website WeTransfer.
Swiss Post has started in Bern an online marketplace for small businesses. This platform, called Kaloka, will take care of the entire ecommerce value chain, from online store to logistics. The postal service of Switzerland will also integrate local startups into the project and offers a SMS-butler.
Slightly more than half of active traders on Amazon’s German marketplace actually come from Germany. In absolute figures, it concerns about 27,000 German retailers. For comparison: on eBay Germany, there are about 122,000 German suppliers active. One in five retailers who sell via Amazon come from the United Kingdom and more than 9 percent comes from Asia.
Running an online marketplace from somewhere in Europe used to be very complex, with all the different tax rules. But since the beginning of last year each company that sells digital goods is forced to collect VAT based on the country of residence of each buyer. This didn’t make it easier. A European startup explains why.
PrivatBank, the largest commercial bank in Ukraine, has launched its own online marketplace, called PrivatMarket. Buyers and suppliers come together on this platform that was been in the works for quite some time. PrivatMarket is aimed both at private and business clients from the Ukrainian bank.