More and more European consumers are buying more items online than they do in store. A fifth of Brits now do that, while in Germany it’s already one in four consumers that buy more online than offline. This appears from the Ecommerce Index from online retailer Rakuten.
The Rocket Internet powered European online webshop for furniture is preparing to enter the Swiss market. The company continues to increase its international presence with a particular focus on European markets. At the same time its increasing the size of its product assortment to more than 50,000 items, making it one of the webshops with the broadest range of furniture, lamps and home accessories available across continental Europe.
Otto Group will invest 50 million euros in its order fulfillment and parcel delivery infrastructure in Russia. The German company will also open its network to third-party retailers. With the investment the capacity of Otto’s logistics center will be doubled, creating almost 700 extra jobs by 2014.
With more than 41 million digital buyers last year and a predicted 46 million in three years, Germany enjoys the greatest ecommerce customer potential within Europe, ‘making it the clear continental leader’, says Germany Trade & Invest in its report ‘The E-Commerce Market in Germany’. “Beyond Europe, only China, the USA, and Japan record higher digital consumer numbers.”
Food delivery service Foodpanda has launched in the Czech Republic. At almost the same time the Rocket Internet company acquired a competitor in Brazil to strengthen its presence in Latin America, where it’s operating under the name Hellofood.
Online sales in Europe are expected to grow to 188 billion euros in 2013, from 166 billion in 2012. The United Kingdom, Germany and France would remain the biggest online markets by 2018, while online retail sales on the continent are seen doubling to 323 billion euros that year.
Asuum is offering publishers and content creators a way to get some ads on their site without bothering their customers with it. With this form of native advertising they want to bring content and ecommerce together. “Just like you won’t buy Vogue without the glossy ads, or watch a Superbowl game without the commercials.”
Nearly two in three online stores that are based in Belgium were in violation, one way or another. Although the situation has improved when compared to 2011, it’s still a pretty significant figure. The results are from the annual report of the FPS Economy, a federal public service of Belgium.
More than half of European consumers have made at least one online purchase last year. This percentage has almost doubled since 2006. The proportion of European consumers who make cross-border purchases has also grown, it has nearly tripled since 2006 to reach 15% last year.
Etsy has rolled out its payments platform called Direct Checkout to sellers in 12 European countries, like the United Kingdom, France and Germany. Also sellers from Australia, Canada and New Zealand are now able to offer more checkout options for buyers.
IcePay has completed a €2,6 million round of funding. With this money the payment service provider wants to expand internationally, with a focus on expanding within Europe. IcePay has a so called PSD license, which gives the Dutch company the right to act as a payment service provider throughout the European Union and European Economic Area.
Home24 celebrated its 500,000th customer this week. The online shop for all things furniture is only one and a half years active, but it’s getting bigger and bigger every month. Nowadays they sell more than 40,000 products ranging from furniture to cupboards en fireplaces.
Shopping online across national borders is getting more and more popular amongst internet users. The United States, Hong, Kong, Canada, Australia, China and Germany will see a combined total of $105 billion in cross-border online shopping this year and in the next five years it should almost triple to $307 billion.
American fans of Swedish retail-clothing company H&M will finally be able to shop online for their favorite dresses, shirts, jeans, accessories and more. H&M, which is known for their reasonably stylish clothing at low prices, revealed yesterday on Twitter that U.S. customers are able to buy their products online next month.
Paymill launched its new product Paymill Unite today. It’s an all-in-one solution for everyone with an online marketplace. Paymill Unite enables merchants to offer credit card or debit payments to their buyers in an easy way. With the new product marketplace owners are also able to connect to other Paymill merchants, create transactions on behalf of the connected merchants and take commissions.