While 45 percent of British consumers say that next-day delivery would make them more likely to shop with a merchant, 66 percent of retailers offer this kind of service. Also, some retailers fail to meet consumers' needs regarding free delivery.
Noyes, a German provider of very small warehouses, has raised 3.8 million dollars (3.23 million euros) in seed funding. The investment comes at a time where there are many instant-delivery providers looking for storefronts that can be converted into small warehouses.
Jokr, an instant-delivery retail platform from German entrepreneur Ralf Wenzel, has raised 170 million dollars (144 million euros) from investors. The funding round comes barely four months after the startup launched in Europe and the Americas.
Parcel delivery service Instabox has quadrupled its revenues in Sweden last year. Sales went from 6 million euros to 24 million euros. At the same time, the number of users grew more than 150 percent. Currently, over 2 million people in Sweden use the company's parcel locker solution.
Eurora, which offers compliance solutions for cross-border ecommerce companies, has raised 3 million dollars (2.54 million euros). With the money, the Estonian company wants to bring its tool to a million Chinese merchants.
Large marketplace sellers play an essential part on online platforms. They contributed 88 percent of marketplaces' Gross Merchandise Value during the first quarter of this year. But small and medium-sized sellers are on the rise: they doubled their contribution in that same period and even tripled in the past year.
PrintOnPack.com, a sustainable packaging startup from Latvia, has raised 450,000 euros from SuperHero Capital. The company will use the money to further grow its team, develop the platform and to increase order volumes and revenue.
Major online retailers in Germany are, in general, very generous when it comes to their return policy. Every second retailer extends its return period beyond the legal minimum. And 13 percent of ecommerce companies who specify a time period for remittances pay earlier than promised.
Latvijas Pasts, the state-owned postal service provider from Latvia, has announced it's building a network of home parcel lockers in Latvia. The network will be open to all logistics service providers and consists of lockers created by Cleveron, an Estonian tech company.
Dutch omnichannel retailer Coolblue will open its first physical store in Germany at the end of this year. The white goods and electronics retailer will also open five more stores in the Netherlands and Belgium this year.
Pakk, an ecommerce software provider from Estonia, has officially launched. The software-as-a-service platform was in development since 2019 but is now available to small businesses in Europe. The company wants to provide a true "all-commerce" platform at prices any small business can afford.
Byrd, which offers ecommerce fulfillment, has raised 16 million euros in a Series B funding round. The Austrian company will use the money to further expand in Europe. It's currently active in five European markets, but is set to expand to five more.
Juni, a fintech company from Sweden that is aimed at ecommerce and marketing entrepreneurs, has raised 21.5 million dollars (18.2 million euros) in a Series A round of funding. The money will be used to focus on Juni's product development and to hire more people.