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Payoneer acquires German payments company Optile

Payoneer

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. Continue reading

UK delivery platform Sorted hits £1 billion milestone

Sorted

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. Continue reading

1 million parcels through Lehtipiste’s parcel lockers in Finland

Pakettipiste

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. Continue reading

40% of Swedes don’t want to pay for same-day-delivery

Fast delivery (such as same-day-delivery)

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. Continue reading

Russia and China partner to control trackable package flow

Parcel/package

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. Continue reading

AI-tool Sizebay wants to boost online fashion sales

Sizebay

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. Continue reading

Otto Group sells Sportscheck

Sportscheck

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. Continue reading

‘Return fee could avoid 16% of all returns’

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. Continue reading

An Post opens Dublin Parcel Hub

An Post

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. Continue reading

‘Half of Amazon reviews are fake’

Reviews

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. Continue reading

Amazon Germany customers choose their favorite sellers

Amazon Verkaufspartner Awards

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’. Continue reading

Cards are preferred payment method in Europe

Card payments

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. Continue reading