In 2020, ecommerce within Europe has kept on growing. The total worth of European ecommerce grew to 757 billion euros. This is a 10 percent growth from 690 billion euros in 2019.
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British marketplace seller and tech startup Boulevard has raised 2.5 million euros in seed capital. The company, only having started their supply chain services last year, will use the funds to diversify and further develop their in-house software. The investment comes at a time when marketplaces continue to thrive in a post-pandemic landscape.
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Sendcloud, the leading e-commerce shipping platform in Europe, has raised 150 million euros in a Series C funding round. The investment was led by Softbank, along with L Catterton and HPE Growth. The Dutch-based company will use the money to accelerate growth and continue its ongoing mission for international expansion.
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Proforto has raised millions worth of investment. The Dutch workwear e-retailer will use the funds to accelerate their growth and expand their profitability. CEO Rik Burgersdijk: "We want to become the largest online workwear retailer in Europe."
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Amazon Pay, which lets customers use their Amazon information to shop on third-party sites, has introduced version 2 of its checkout technology. The upgrade enables a faster and more secure checkout. The modernized web checkout technology can replace existing Amazon payment and address widgets.
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Online-only supermarket Picnic has secured 600 million euros in growth capital. The leading investors were none other than Microsoft founder Bill Gates and his ex-wife Melinda. The Dutch company will use the funds to accelerate their expansion in Europe.
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PayPal will raise the fees for payments between businesses in the United Kingdom and those in Europe. The reason for this price increase is Brexit. With the UK no longer being part of the European Economic Area, PayPal's costs are higher than usual.
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Arvato Supply Chain Solutions, a supply chain management service provider from Germany, began the use of AutoStore operations in Dortmund today. They will use the largest number of robots in one location in Europe. Approximately 180,000 bins and 280 robots can be used in the new hall.
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Online retailers that want to become cross-border sellers and focus on growth markets, should pick Italy. The Italian ecommerce is expected to grow exponentially on short notice. To become successful, international sellers should be aware of local consumer preferences.
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Shopee, a popular online shopping platform from Singapore, is ready to make its debut in Europe. The ecommerce company is preparing to launch in Poland. The company is part of Sea, whose gaming arm Garena is already active in Europe.
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Amazon wants to expand further in Germany and plans to erect eight new logistics buildings by the first half of 2022. This will create 3.000 additional permanent jobs with Amazon Germany. The expansion is necessary to meet customer demand and expand the range of products.
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Ecommerce software provider Shopware has announced that it will release two new software features: Flow Builder and Guided Shopping. This will make it easier for shop owners to customize the open source software.
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Berlin Brands Group has secured 700 million dollars (590 million euros) of additional debt and equity financing. The millions of euros were raised for the acquisition of ecommerce brands and the development of an international logistics network.
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Dutch ecommerce acquisition company Dwarfs has attracted 30 million euros in debt financing from European investor North Wall Capital. Dwarfs has used the money to acquire four online shops that are active in the lifestyle and home furnishing industry.
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Lightspeed Commerce is beating its rival Shopify when it comes to hiring new people. Lightspeed advertised around 2,600 jobs in the first eight months of this year. The most active month was August, in which Lightspeed posted 591 jobs, compared to Shopify's 71 listings.
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