Crowdfox’s B2B platform doubles in sales

Crowdfox’s B2B platform doubles in sales

German online marketplace Crowdfox announced yesterday the figures of its growth in the business-to-business industry. Sales of its B2B platform have doubled in the last quarter. This confirms the company's high ambitions at the beginning of this year as well as the strategic decision to further expand its B2B business.

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UK and France account for 73% of European card fraud

UK and France account for 73% of European card fraud

Card fraud losses in Europe hit approximately 1.8 billion euros in 2016. The United Kingdom saw the highest losses. The value lost to fraud was worth 646 million euros in 2015, but increased by 9 percent to about 703 million euros last year. Together with France, the UK accounts for almost three-quarters of card fraud across Europe.

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Zalando co-owns fashion wholesale platform FashionTrade.com

Zalando co-owns fashion wholesale platform FashionTrade.com

German online fashion platform Zalando and Danish fashion retailer Bestseller United have entered into a joint venture agreement for co-owning FashionTrade.com, a B2B online fashion wholesale marketplace. Bestseller was the sole owner, but Zalando now enters into the joint venture with a capital increase at FashionTrade.

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Visa invests in Klarna

Visa invests in Klarna

Visa will invest in Klarna, one of Europe's fastest growing online payments companies. Today, the two companies announced they have the intention to develop a strategic partnership in the future. Visa and Klarna want to accelerate ecommerce and mcommerce for the benefit of consumers and retailers in Europe.

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Ecommerce in Europe: €602 billion in 2017

Ecommerce in Europe: €602 billion in 2017

Ecommerce in Europe is growing exponentially, especially in the southern countries. The online retail industry in Europe is expected to be worth around 602 billion euros at the end of this year, which would mean ecommerce in Europe will grow 14 percent compared to the situation in 2016.

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Chiquelle expands to six more countries in Europe

Chiquelle expands to six more countries in Europe

This month, Swedish fashion retailer Chiquelle won the Global E-commerce Award at this year's Global E-commerce Summit. The company's pitch won 52 percent of the audience vote, thereby beating Indian online grocery store Big Basket and Swedish furniture manufacturer Ikea. We interviewed CEO and co-founder Pouya Boland about the award and the latest developments, including expanding to more countries.

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