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.
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.
The British company Fancy Me has received many complaints after one of their costumes went viral. The UK online retailer sells ‘wartime refugee’ costumes and many customers are now furious. The outfits are said to be insensitive in the light of the ongoing migration crisis in Europe.
Marketplace solutions provider Mirakl, has launched its business-to-business solution. The French company developed Mirakl Marketplace B2B to help distributors and manufacturers create their own online marketplaces.
Spanish fashion brand Mango is collaborating with Amazon Europe. It opened a private online store on the popular marketplace. Or actually, it opened several online stores as the assortment is country-specific. In the UK for example, customers can buy all products, while in Germany and France only the men’s, kid’s and Violeta by Mango lines are offered.
Etsy has been testing an updated search ranking so locally-made items for buyers in the United Kingdom and Australia are shown more prominent. The goal is to create a better local shopping experience. That may be the case for shoppers browsing Etsy, but its sellers aren’t too happy about it.
Swisscom and Coop are allowed to build their joint online marketplace Siroop. The two companies want to defy the American ecommerce giant Amazon in Switzerland by launching their own ecommerce platform. The Swiss competition authority has now greenlighted the project.
eBay has started a pilot project in Germany, which should give a boost to local commerce. The pilot project called “Monchengladbach on eBay” is intended to allow retailers to offer their goods alongside the existing distribution channels on eBay.
Auchan, the third largest food retailer in France, has announced it will increase its product lines and range. It does this by launching a new online marketplace. For now, Auchan will focus on two main categories: food, which is the core of its business, and garden articles. The categories ‘high-tech’, ‘baby care’, ‘furniture’ and ‘toys’ should complement the marketplace by the end of this year.
eBay is said to launch a paid shipping membership service in Germany. The program, called eBay Plus, promises free delivery within two days on millions of items, as well as free returns within 30 days of a purchase. eBay Plus will launch in late September in Germany, but will be available to all buyers on eBay Germany by October.
Neteven, which helps retailers to reach their target audience via online marketplaces, announced that more than 100 leading fashion brands are using its software. The European marketplace management provider is active in all key verticals, but focuses especially on fashion as the customer demand in this market has increased and there are increasingly more marketplaces dedicated to the fashion industry.
Dutch fashion retailer MS Mode is already active in six European countries, but wants to expand this number by launching an international store on Amazon and La Redoute. The expansion is planned for the end of this year. With this move, the fashion retailer expects to address a group of consumers that haven’t shopped at MS Mode before.
Halfords, Britain’s biggest bike retailer, today launche its marketplace service to give customers more choice, with plans to stock up to 40,000 SKU’s. About 25 per cent of the company sales are already made online. The marketplace is powered by Mirakl, that just announced another funding round earlier this week.
ePrice, one of the biggest online retailers in Italy, has launched a new marketplace. The ecommerce company wants to improve its product selection and growth in the Italian market as well as in Europe. It is now opening the marketplace to European merchants, who will be able to sell their products to Italian customers.
Global marketplaces such as Amazon, eBay and Alibaba will own almost 40% of the global online retail market within five years. At least, that’s what retailers from all over the world expect to happen. A new study gives more insights in the rise of global marketplace and how retailers can compete with them.
Neteven recently accelerated its European expansion by strengthening its position in the UK and developing its international sales team and marketplaces partnerships. 50% of the products integrated by Neteven now come from companies based outside of France. By connecting eight new marketplaces in the country it wants to attract more foreign brands and retailers to the French market.