Cdiscount has launched Cdiscount Occasion, a platform full of second-hand products. Cdiscount Occasion features items from all product categories: from high-tech and DIY to books and toys.
Ecommerce marketing startup MikMak has launched in Europe and Canada. Its ecommerce enablement and analytics software are now available for European brands. The expansion follows after the company raised 10 million dollars in a Series A funding round in August.
Ecommerce in Germany is predicted to grow significantly in the coming years. After a corona-related record year with online sales somewhere between 80 and 88 billion euros, the trend will continue. It’s predicted that the online trade in Germany could be worth 120 billion euros in 2024, and maybe even 141 billion euros.
For certain fast-moving consumer goods categories, half of retailers and wholesalers in the European Union experience supply constraints that are based on their location. These restrictions could limit traders to source goods in, and to resell goods to, other EU countries.
Paul Marchant, CEO of Irish fast-fashion retailer Primark, doesn’t agree with claims that the coronavirus has made shoppers move permanently to online shopping. He calls people claiming there’s an inevitable and permanent shift to ecommerce “wrong and naïve”.
Samsung offers its customers in Germany a monthly subscription. This service enables consumers to rent select products from the Galaxy S20 series via the manufacturer’s own online shop. The subscription program is a partnership between Samsung and the Berlin-based company Grover.
Ikea has made the decision to stop printing its famous catalog. For 70 years, it has been an inspirational guide for many consumers around the world. But times are changing, and so the Swedish company has taken this “emotional but rational decision”.
Omnipack, a Polish fulfilment provider, has raised another 2.5 million euros in funding, which brings its total to 5 million euros. The startup, which manages logistics operations for ecommerce companies, wants to use the money to further expand in Europe.
Ecommerce fraud is becoming a real problem in Germany. But why is German online retail particularly prone to this type of fraud? It has everything to do with the preferred payment method of German shoppers.
When you think about big online stores from Sweden, you can’t ignore H&M and Ikea. But these ecommerce giants aren’t the biggest online shops in Sweden. Last year, NetOnNet was the one with the biggest ecommerce sales in Sweden.
Secondhand fashion marketplace Vinted has launched in Italy. This is the 13th market where the online platform from Lithuania has opened its digital doors.
Bizay, a marketplace for customized products, has raised 32 million euros in a Series C round. The round was led by the European Investment Bank and Indico, with support from Iberis Capital and existing investors.
MerXu , a new ecommerce platform for B2B customers, has entered the market in Central and Eastern Europe. It’s co-founded by three former Allegro executives.
Ankorstore, a wholesale marketplace from France, has raised 29.9 million dollars (25 million euros) in a Series A round. Index Ventures led the round, while existing investors GFC, Alven and Aglaé participated.
Posti predicts a record peak season in ecommerce. That’s why the Finnish postal and logistics service provider will deliver parcels to the most popular pickup points seven days a week. It has also opened a temporary network of 200 pickup points.