Vinted, a marketplace from Lithuania, has raised 128 million euros in a round led by Lightspeed Venture Partners. With the money, the site where consumers can sell and buy second-hand fashion wants to accelerate its rapid growth across Europe.
Online supermarket Picnic has raised 250 million euros in a new investment round. The Dutch company wants to use this money to build a robotized distribution center of 42,000 square meters.
Zalando has launched Zalando Lounge in the Czech Republic. The online shopping club for fashion and lifestyle products has arrived just in time for the holidays, starting with Black Friday this week. The Czech Republic is the 14th market in Europe where Zalando Lounge is active.
There are over 1.1 million active sellers on Amazon marketplaces located in Europe. That’s an increase of 25 percent, compared to the situation last year. The most percentage growth can be found on Amazon Turkey and Amazon Italy.
Ecommerce in Germany grew 9.1 percent last year and was worth around 63 billion euros. For this year, a further increase of almost 9 percent is expected. This would mean ecommerce in Germany will grow to 68 billion euros at the end of 2019.
Customers of German supermarket Rewe can now choose from an even larger selection online to have it delivered with Rewe’s package service. They can order all kinds of private label products, durable foods and non-food items, all with no minimum order value.
Glami, a search engine for fashion, has expanded its presence abroad. The Czech ecommerce company is now also offering its services in Spain. In this Southern European country, Glami partners with local fashion companies, such as Desigual, Merkal and Vero Moda.
Ecommerce News Europe is a news site that covers everything that happens in the ever-thriving European ecommerce industry. And now we’ve also added a company database, which aims to feature all small, medium-sized and big ecommerce companies of Europe. For a limited time you can add yours for free!
Omoda, a Dutch omnichannel shoe retailer, is expanding in Europe. After it opened online stores in countries nearby, the company is now ready to expand to Scandinavia. This year, an online store in Denmark will open and next year, Sweden, Norway and Finland are next.
Ecommeleon, a German startup aimed at sellers on online marketplaces, has announced a successful seed funding round. The money will be used to support the spin-off of ecommerce service provider InterCultural Elements with its final development and initial market launch.
Ecommerce in France has achieved a turnover of 74 billion euros during the first nine months of this year. French ecommerce association Fevad thinks that, due to Black Friday and Cyber Monday, consumers will spend 20 billion euros in the last quarter, meaning French ecommerce will exceed 100 billion euros this year.
Miinto, an ecommerce fashion platform from Denmark, has received over 130 million Swedish kronor (12.2 million euros) from both existing and new investors. The company announced the news together with the fact that sales increased significantly. Miinto still isn’t profitable, though.
Just 69 percent of small and medium-sized enterprises in Ireland have a website. And only 32 percent of these online companies sell products or services online. By not selling online, SMEs are losing their share of the Ireland’s €12.3 billion ecommerce market.
UK online electricals retailer AO announced today that it will close its Netherlands operation. The exit from the Netherlands enables the retailer to focus more on its German business, soon the only operation outside of the United Kingdom.
Amazon is testing its Amazon Day service in Germany. With this service, Prime members can have their orders bundled and shipped on a day of their choice. Amazon Day is meant to save packaging material and countless trips from the courier and to prevent multiple delivery attempts.