Payoneer has acquired Optile, a German payment platform that gives businesses access to any payment method and provider. With the acquisition, Payoneer wants to further build a platform that drives global growth for enterprises, marketplaces and small and medium-sized business worldwide.
Sorted, a delivery software startup from the United Kingdom, has reached a nice milestone. The value of goods it has shipped to date has reached the 1 billion pounds mark. All in all, it was a great year for the startup, which saw its client base increase by 200 percent.
Over one million parcels have been delivered through the nationwide Pakettipiste network of Lehtipiste Oy, a Finnish distribution and marketing company for newspapers and magazines. The parcel locker network currently has around 300 active locations across Finland.
Fashion brand Chiquelle is moving its warehouse operations. Currently these are located in Arlandastad, outside Stockholm, but after the Christmas holidays, the Swedish company will move its warehouse to the Netherlands.
Same-day-delivery is an increasingly popular method of delivery for online orders. But such a service costs money, of course. In Sweden, it seems that four in ten consumers don’t want to pay a thing for same-day-delivery.
Russian Post and China Post have agreed on the joint development of the cPacket logistics service. With this service, the two postal operators want to control the flow of small traceable packages that will be exchanged between Russia and China.
Sizebay, a scale-up that provides AI solutions for fashion ecommerce websites, has developed an algorithm that recommends the best size and fit for clothes and shoes. The tool is aimed to cut returns by half, while boosting sales with 5 percent.
Amazon and eBay dominate the UK ecommerce market. This year, the two ecommerce giants have a market share in the United Kingdom of 39.9 percent. Especially Amazon is way ahead of all other online retailers.
Galeria Karstadt Kaufhof has acquired multichannel retailer Sportscheck from the Otto Group. The Otto Group decided to sell its daughter company, because it thinks this gives Sportscheck the best possible chance of long-term business viability.
Consumers in Germany will order products online with a total value of 70 billion euros this year. But every sixth parcel will be returned. In order to contain this process a bit, a legally required return fee could help, economic researchers say.
An Post has opened its new Dublin Parcel Hub, a 15 million euros investment in automated parcel processing. The logistics center is 50,000 square meters big and should significantly increase An Post’s parcel processing capacity.
Five out of ten Amazon reviews are currently based on fake entries. That is what a reviewer, working for a reputation agency, claims in a report written by German magazine Computer Bild.
Gadero, an online shop for wood and wooden furniture, has expanded its ecommerce activities to the French-speaking market in Western Europe. The Dutch retailer will now deliver wood to Wallonia, Luxembourg and some northern parts of France.
At the start of the Christmas season, Amazon has honored small and medium-sized enterprises with the Amazon Verkaufspartner-Awards (Amazon Selling Partner Awards). Customers of Amazon Germany chose their favorite companies in the categories ‘Partner of the year’, ‘Innovation champion of the year’ and ‘export champion of the year’.
Cards are the preferred payment method in Europe, for both consumers and merchants. The use of cards has expanded over the past few years, with 87 percent of European consumers feeling comfortable paying by card.