Booste, a Polish financing platform for ecommerce merchants, has raised 12 million euros in a Series A funding round. The fintech company will use the money to expand its services to the United Kingdom, Ireland, and the Netherlands.
Ecommerce in Switzerland has achieved a significant growth last year. The value of goods ordered online and through distance selling increased by 25.8 percent to 13.3 billion Swiss francs, which corresponds to 12.18 billion euros.
Vanbruun, a fast-growing online jewelry and diamond retailer from Sweden, has expanded to Germany. This is the first foreign market outside of Scandinavia where Vanbruun has launched its online shop.
Scurri, a delivery management platform from Ireland, has secured 9 million euros in a new funding round. The software provider wants to use the money to accelerate its growth in the United Kingdom.
Three in four European consumers (74 percent) say they will stick to their pandemic online shopping levels, meaning they won’t reduce their ecommerce activities now they can shop offline again. So it looks like the shift to ecommerce is here to stay.
Klarna has announced the launch of its new Comparison Shopping Service. This service offers retailers across Europe an increased customer reach. Klarna has also launched a comparison shopping page that offers brands the opportunity to reach browsing consumers with their products.
Wish has announced a two-year partnership with ecommerce software provider PrestaShop. Merchants using this software will be able to quickly sell to consumers on the Wish marketplace. A integration module on the PrestaShop platform syncs their products and orders between PrestaShop and Wish.
Payment and banking service provider FinXP has launched Real Time Payments by FinXP (RTPF). This is an account-to-account payment method that is targeted at online merchants. The Malta-based electronic money institution says its transaction fees are lower than many other popular alternative payment methods.
Signa Sports United has agreed to list on the New York Stock Exchange through a merger with special-purpose acquisition company Yucaipa. The deal will raise over 530 million euros in proceeds for Signa Sports United, which will use part of this money to buy UK-based sports store Wiggle.
Hokodo, a B2B buy-now-pay-later provider, has raised 12.5 million dollars (10.28 million euros) in a Series A round. The London-based fintech startup will use this money to extend its services across Europe.
Online marketing agency 10XCrew from the Netherlands has acquired Vorwärts, a German Amazon agency. Both companies are specialized in direct-to-consumer strategies and online marketplaces like Amazon and Bol.com.
What are the best sellers in the clothing category on the four most popular Amazon marketplaces in Europe? How is the ratio between known and unknown brands? And on which other European marketplaces do brands sell their clothing in addition to Amazon?
Lightspeed today announced the acquisition of two ecommerce companies. The omnichannel commerce platform will acquire Ecwid, a US-based ecommerce software provider, and NuOrder, an online platform that connects businesses and suppliers.
French supermarket group Carrefour has partnered with Pickup, a subsidiary of La Poste, to launch a new service. Under the name Pickup Drive, customers of Carrefour can collect their online groceries and also pick up or drop off parcels.
FedEx has expanded its day-definite delivery service across Europe. After successfully launching International Connect Plus (FICP) in Italy and the UK last January, this service is now available in ten additional countries across Europe.