Software

Marketplace solution provider Mirakl has generated over 162 million euros in annual recurring revenues in 2024. Its GMV also showed a year-on-year growth of 30 percent, reaching 10.3 billion euros.

French software company Stockly is a stock pooling and exchange solution for online sellers. The company now announces that it has raised 26 million euros. With the capital injection, it wants to accelerate its growth in Europe.

If Zalando acquires About You, the company will not only strengthen its position in the consumer market but also become the new owner of Scayle, a provider of ecommerce software. This acquisition would create "the next B2B powerhouse for the ecommerce industry in Europe".

Marketplace solution provider Mirakl has announced the acquisition of Adspert, a data-driven advertising optimization tool. Thanks to the acquisition, Mirakl can enhance its retail media solution and add AI-driven advertising optimization software to its platform.

Shopify now supports payouts in multiple currencies for European merchants. For many larger online retailers, this eliminates a key reason to operate multiple stores simultaneously or opt for alternative ecommerce software.

In Germany, small and medium-sized online stores often run on Shopify’s ecommerce software. The company has a market share of almost 40 percent in the country. German software providers Shopware and JTL complete the top three.

Ecommerce giant Alibaba has announced an exclusive membership package for sellers in Germany. It wants to support SME’s in their digitalization efforts. Starting in September, retailers can join the platform with a trial period of 3 months for 9 dollars, instead of 399 dollars.

Dutch recommerce platform BuyBay is launching a SaaS product, using its own recommerce software. Retailers and manufacturers can now resell returned products from their own distribution center. This will reduce their CO2-emission and increase their profit, says the company.

Ukrainian website widget platform Claspo has integrated with Shopify, bringing performing widgets to the platform. Merchants can now boost their marketing efforts by downloading the app from the ecommerce software’s app store. According to Claspo, installing their widgets can increase conversion up to two times.

DHL Supply Chain is the new logistics service provider for Reflaunt, a technology platform that enables branded fashion resale. The collaboration is illustrative of the growth and potential of recommerce in Europe.

To help merchants set up their general terms and conditions, Shopify has a policy generator. It is free to use, and according to the platform, it generates individually adapted terms and conditions for a shop. However, in Germany, it seems that the generated texts are not completely legally secure.

Ecommerce software solution Wix has partnered with Global-e, a cross-border software solution. As a result, sellers can benefit from new features like a localized checkout, multiple currencies and pricing according to specific markets.

Marketplace solution provider Mirakl generated nearly 160 million dollars (148.6 million euros) in annual recurring revenue in 2023. This is a growth of 20 percent compared to a year before. Additionally, the Mirakl Platform has reached profitability in the fourth quarter of last year.

Polish ecommerce platform Saleor has raised 8 million dollars, or 7.4 million euros, in a funding round. Ecommerce giant Zalando is one of the investors. The capital injection will be used to drive further growth.

This week, Shopify has launched its Winter ’24 Edition, which includes more than 100 product updates to its ecommerce platform. These include features to make international selling easier. Merchants can now add a localized online store for up to 3 markets.