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Amazon Shipping launches in the UK

Amazon Shipping launches in the UK

Amazon has introduced Amazon Shipping in the United Kingdom. It’s the first market outside the US where Amazon offers its premium shipping service for ecommerce retailers. Amazon Shipping picks up parcels and delivers them to the end customer. Continue reading

Ocado raises 1.1 billion euros

Ocado raises 1.1 billion euros

British online supermarket Ocado has plans to raise over 1 billion pounds (1.12 billion euros) in capital. The company wants to further expand its online grocery delivery business. Continue reading

Just Eat Takeaway acquires Grubhub

Just Eat Takeaway acquires Grubhub

Just Eat Takeaway, the Dutch-British meal delivery company, has acquired Grubhub, a food delivery service from the US. It’s an extra interesting acquisition from Just Eat Takeaway: competitor Uber Eats had also been trying to acquire Grubhub. Continue reading

Shavatar wants to decrease fashion returns

Shavatar wants to decrease fashion returns

Shavatar is the name of a 3D avatar tool that should lead to fewer returns in the online fashion industry. With Shavatar, consumers can create their own avatars based on a few parameters. The tool then suggests the right size and fit of any given fashion item. Continue reading

58% of European checkouts have multiple errors

58% of European checkouts have multiple errors

Analysis shows that 58 percent of European checkouts have at least three basic errors, which could complicate the checkout process for customers. Many online stores don’t automatically verify the card number or they let customers attempt to pay with an expired card date. Continue reading

24% of ecommerce in Europe is cross-border

24% of ecommerce in Europe is cross-border

The total online cross-border market (excluding travel) in Europe represented a turnover of 108.75 billion euros in 2019. This is an increase of 14.4 percent compared to the situation one year before. The cross-border share represents 23.55 percent of total online sales in Europe, which is similar to the situation last year. Continue reading

65% of online retailers in Europe needed extra finance

65% of online retailers in Europe needed extra finance

Two thirds of online merchants in Europe have needed extra finance in the past two years. Loans carried out after the outbreak of the corona virus aren’t included in this statistic. Online merchants need a loan the most for buying equipment. Continue reading

Boohoo acquires PrettyLittleThing

Boohoo acquires PrettyLittleThing

Online fashion retailer Boohoo has acquired PrettyLittleThing. The company already owned 66 percent of PrettyLittleThing’s shares, but now Boohoo also owns the remaining 34 percent of shares. These shares come from Umar Kamani, the son of Boohoo co-founder Mahmud Kamani, and business partner Paul Papworth. Continue reading