Bigblue, a logistics provider from France, has raised 3.6 million dollars (3 million euros) in a seed round. The startup wants to build an end-to-end fulfilment solution in Europe. Bigblue isn’t a fulfilment company itself, but it works with several ones to handle post-order processes for online stores.
Afound, the outlet concept of H&M, now also offers a range of beauty products. The online platform already sells clothing, shoes, and interior accessories, but now customers can also shop for things like cosmetics, perfumes, and shampoos.
The German E-Commerce and Distance Selling Trade Association (Bevh) wants a temporary lifting of the ban on Sunday work in retail and logistics. The association thinks that, especially with regards to the upcoming Christmas shopping period, this is necessary to stop the spread of the coronavirus.
Todos Tus Libros is a new online platform, formed by more than 700 bookstores in Spain. Together, they want to unite against ecommerce giants such as Amazon. The independent sellers seek to gain a foothold in the online books market.
Spain-based parcel platform Paack has raised 44 million euros. Practically all of it has been invested by British private equity fund Bregal Milestone, who led the Series C investment round. With the millions of euros, Paack wants to turbocharge its growth and expand its coverage across Europe.
Social finance app JoomPay has obtained an electronic money license in Luxembourg. With this license, the app from Joom can serve customers across Europe, enabling them to send and receive money with anyone.
Carrefour has launched a new initiative in France that is aimed at supporting small and local producers. At the same time, it’s answering to a growing demand among shoppers for goods produced nearby.
Things are looking well for the biggest online shops in Austria. The top 250 can look forward to double-digit growth. And the ten biggest ecommerce websites from Austria account for almost half of the top 250’s total online sales.
Shopify is only 14 years old, but is already extremely popular. And although it’s a Canadian company, it has enormous popularity in the United States. The US accounts for 73.24 percent of all live Shopify ecommerce websites worldwide. But what about the Shopify usage in Europe?
Razor Group, a startup from Germany that acquires and scales Amazon brands, has raised 25 million euros in a new round. This happened just twelve weeks after it received initial startup financing of five million euros.
Engineering distributor group Troy UK has launched a new B2B2C platform. The platform, called Troy Commerce, allows members to procure products from the Order hub, but also enables them to design their own ecommerce stores.
Heroes, a company from the United Kingdom, has raised 65 million dollars (55 million euros) in a round led by Fuel Ventures and 360 Capital Partners. The company acquires, operates and scales small and medium-sized ecommerce brands that sell on Amazon.
Southern Europe, in this case defined as Spain and Italy, is lagging behind in ecommerce. Online sales as a percentage of total retail, for example, are far lower than in more northerly countries. But why is this?
The European Commission has accused Amazon of abusing non-public data from third-party merchants to boost sales of its own brands in France and Germany. The Commission also opened a second investigation regarding the possible preferential treatment of marketplace sellers that use Amazon’s fulfillment services.
Payer, a fintech company from Sweden, has launched a new product that should change customer registration in B2B ecommerce. The new product, yet to be named, lets ecommerce merchants verify new customers, so they can easily make their purchases.