In the last 12 months, 99 percent of European consumers have changed the way they shop online. A large majority (98 percent) look for products on social media. At the same time, many consumers feel negatively about the economy in their country. But 47 percent expect economic improvements.

More and more individual businesses are selling on marketplaces or do dropshipping. This caused a massive growth of these platforms. Brands and retailers see it as a huge opportunity toreach new audiences or work together with other retailers.

Most European internet users shop online. Ecommerce is still growing, but slower than before. Last year, Europe's online B2C total sales volume increased by 6 percent to 899 billion euros. The growth is slower than in 2021.

British fashion retailer JD Sports has reached an agreement to take over Courir. The company will pay 520 million euros for the French retail chain. Courir has more than 300 stores and is active in several countries.

Fasanara Capital, a UK-based institutional asset manager is launching a fintech fund of 1 billion euros together with credit insurer Allianz Trade. The fund will target the B2B ecommerce sector. By doing so, it will boost the sector’s growth.

Secret Sales, the UK-based off-price marketplace, has acquired the Spanish online fashion retailer Dreivip. Brands and retailers on Secret Sales will have quick access to millions of new clothing customers.

eBay is launching a new shopping and selling experience in Germany called eBay Lokal. Commercial sellers can gain greater visibility through eBay Lokal and offer consumers the opportunity to buy from them locally online.

The European online fashion and beauty market generated a turnover of 122 billion euros in 2022. And 45 billion euros of that turnover was cross-border. The market is projected to reach sales of 144 billion euros by 2026.

Last week, DHL eCommerce inaugurated its 100,000^th access point in Europe. Its parcel network now consists of 80,000 service points and 20,000 parcel lockers. This makes it the largest and densest parcel network on the continent.

Amazon has a massive impact on retail spending in Germany, both online and offline. More than one-third of all purchases in physical stores are preceded by a search for information on Amazon.

eBay sellers in Germany can no longer accept cash payments from customers when they pick up their orders. Click & collect is still available, but payments must be made through the "existing standard payment processing”.

Dutch B2B payments provider Sprinque is announcing its launch in Germany and Spain with new offices in those countries. The company wants to eventually offer its payments platform to the complete European market.

Software provider for ecommerce brands, Shop Circle, has raised 120 million dollars (111.8 million euros) in a funding round. The startup will use the capital injection to expand its suite of products. It wants to become a one-stop shop software provider for online sellers.

Clevon, a startup from Estonia, claims a European first in the field of autonomous delivery. Several driverless carriers from the company are navigating public roads, delivering groceries in the Lithuanian capital, Vilnius.

European ecommerce fulfillment company Huboo has grown more than 130 percent in the last year. According to the company, it raked in over 23.4 million euros (20 million British pounds) in new business.