For the first time, ecommerce in Germany, Austria and Switzerland (also known as the DACH region) reached a consolidated volume of more than 100 billion euros. The German-speaking ecommerce markets are now generating more sales than any other language area in Europe.
Everli, an Italian marketplace for online grocery shopping, has raised 100 million dollars (85 million euros) in a Series C round. It will use this money to further expand across Europe.
Spring is here! It’s April and while physically visiting ecommerce events is still not an option, there are still a few interesting ones you can visit online. Let’s have a look at what’s possible this month.
With the corona crisis giving a massive boost to ecommerce in Europe, customer service teams were put under substantial pressure. And the return numbers also significantly increased last year. How do customer service in European countries perform?
The online cross-border market in Europe was worth 146 billion euros in 2020. This is an increase of 35 percent compared to the situation one year before. The cross-border share represents 25.5 percent of total online sales in Europe.
PayPal today announced the launch of Checkout with Crypto. With this feature, PayPal customers can pay with crypto coins alongside other payment methods in their PayPal wallet. Checkout with Crypto is available at millions of global online retailers and other businesses.
The Suez Canal blockage, from 23 until 29 March, doesn’t just affect the Egyptian economy or the global shipping industry. Around 12 percent of global trade passed through the canal, so a lot is affected by the blockage. The delay will strongly impact on ecommerce orders placed by European consumers.
Italy is a developing ecommerce market in Europe. But although it’s lagging behind on some other European markets, the online retail industry of Italy has lots to offer. Let’s take a look at the opportunities for European ecommerce companies in Italy.
Wholesale platform BigBuy generated a turnover of 65 million euros in 2020. And 90 percent of the B2B company’s sales shipped out of Spain. France and Italy accounted for most sales through this wholesale platform.
AliExpress Russia has invested in KazanExpress, a major regional ecommerce company from Russia, by acquiring a 30 percent stake. KazanExpress was founded five ears ago, but is growing extremely fast recently.
29 percent of German ecommerce sales are generated by small businesses with fewer than 10 employees. Compared to the situation in the entire German economy, small ecommerce enterprises are much more important for the total turnover in their sector.
Parcel locker provider InPost has launched a returns solution that wants to simplify the process of returning items that were bought online. Customers no longer need to use or print labels, instead they use a QR code on their smartphone.
Ecommerce is, of course, very popular now the physical stores are closed in many countries across Europe. But online-only retailers seem to really reap the rewards of having a strong digital infrastructure. In the UK, online-only retailers are now the number-one purchasing channel for fashion shoppers.
More than three quarters of Spanish consumers say they shop online more now than before the coronavirus outbreak. Half of Spaniards even make purchases online at least once a week.
Amazon in Europe has welcomed 115,453 new sellers this year. This equates to 1,461 per day. Most new sellers have joined the Amazon marketplaces in the United Kingdom, the Netherlands and Germany.