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PayPal allows cryptocurrencies

PayPal allows cryptocurrencies

PayPal has announced it will allow customers to buy, sell and hold Bitcoin and other crypto coins using its online wallets. Starting in early 2021, customers will also be able to use these virtual coins to shop at the 26 million connected merchants. Continue reading

Polish martech startup Edrone raises €4.5 million

Polish martech startup Edrone raises €4.5 million

Polish company Edrone has raised 5.3 million dollars (4.5 million euros) in its first funding after bootstrapping for the last four years. Edrone is an AI-fueled platform that provides customer experience solutions for ecommerce companies. Continue reading

39% of Brits are delivery pass members

39% of Brits are delivery pass members

About four in ten Brits (39 percent) have signed up for a paid subscription scheme or delivery pass, which means they pay a monthly fee to get free delivery and other extras. And among these schemes, Amazon Prime is the most popular paid subscription service. Continue reading

UK shopper spends 11% more online

UK shopper spends 11% more online

Nowadays, the average shopper in the United Kingdom spends 83 pounds (about 91.5 euros) per month online. Last year, this was 75 pounds (82.7 euros). The coronavirus outbreak has for sure contributed to this 11 percent year-on-year increase. Continue reading

Irish retail moves to ecommerce

Irish retail moves to ecommerce

Retailers in Ireland are migrating online as the outbreak of the coronavirus has fueled ecommerce in the Western European country. Online sales are now a significant part of the retail offering for thousands of Irish companies. Continue reading

Allegro: ready to expand beyond Poland

Allegro: ready to expand beyond Poland

Allegro, the major online marketplace from Poland, is ready to expand internationally. This is what CEO Francois Nuyts says, in a time of rumors about Amazon entering Poland. Continue reading

European brands: relying on marketplaces isn’t sustainable

European brands: relying on marketplaces isn’t sustainable

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. Continue reading

7 out of 10 Belgians buy online

7 out of 10 Belgians buy online

This year, 72 percent of Belgians make online purchases. Of all Belgians who are active online, eight in ten have bought something online in the past year. And 94 percent say they will do so in the future. Continue reading

Why Amazon isn’t a fashion leader

Why Amazon isn’t a fashion leader

Amazon isn’t the fashion leader that it – and others –  might have expected. In Germany for example, the company only ranks sixth among the top-selling online fashion retailers. So, it’s far from a market leader. But why is this? What can Amazon learn from the real fashion leaders? Continue reading

Nexi acquires SIA

Nexi acquires SIA

Nexi, the biggest payments processor in Italy, has agreed to acquire fintech rival SIA for about 4.6 billion euros. The combined company will be one of Europe’s biggest payments companies. Continue reading