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Boohoo Group’s sales grow 48 percent

Online fashion retailer Boohoo

Boohoo Group has had a better year than expected. The online fashion retail group, with brands Boohoo, BoohooMan, PrettyLittleThing, MissPap and Nasty Gal, saw its revenue increase to 857 million pounds (962 million euros), which means an increase of 48 percent. Expectations are that Boohoo will pass the billion pounds milestone this year. Continue reading

Lidl extends grocery delivery in Ireland

Lidl

Supermarket chain Lidl has extended its online grocery shopping and home delivery service in Ireland. The service, operated by grocery delivery startup Buymie, was already active in Dublin and now extends into the commuter counties surrounding the capital. Continue reading

Ecommerce in Austria was worth €7.3 billion in 2018

Ecommerce in Austria

Ecommerce in Austria was worth 7.3 billion euros in 2018. Most of the money that Austrian consumers spent online went to foreign online retailers, although 3.3 billion euros still went to domestic ecommerce companies. Continue reading

Ecommerce in Europe: €621 billion in 2019

Ecommerce in Europe

Ecommerce in Europe is forecasted to be worth 621 billion euros by the end of 2019. This would mean an increase of 13.6 percent compared to the situation last year, when ecommerce was worth 547 billion euros. Continue reading

Klarna pulls plug on Wavy app

Wavy by Klarna

Barely two years after Klarna announced its peer-to-peer payment app called Wavy, the Swedish company pulls the plug on the app. Some functions of the social payment application will be integrated into the Klarna app. Continue reading

Ecommerce in UK to reach €200 billion in 2019

The United Kingdom (UK)

The business-to-consumer ecommerce turnover in the United Kingdom is expected to reach over 200 billion euros at the end of this year. That would mean an increase of 14.6 percent compared to the situation last year, when ecommerce in the UK was worth almost 175 billion euros. Continue reading

J.P. Morgan processes 30% of online transactions in Europe

J.P. Morgan

J.P. Morgan was named the number one ecommerce acquirer, by web transaction volume, in Europe. When the overall transaction volume is taken into account, the financial services provider happens to be the fourth largest merchant acquirer in Europe. Continue reading

iDeal used for 59% of Dutch online purchases

Dutch payment method iDeal

iDeal is getting increasingly popular among Dutch consumers. The payment method was used for 59 percent of online purchases in the Netherlands last year. That’s an increase of 3 percentage points compared to the situation one year before. Continue reading

Yandex.Market partners with JD.com

Yandex

Russian online marketplace Yandex.Market and major Chinese online retailer JD.com have closed a strategic partnership deal. Since this month, Yandex.Market will sell JD.com’s goods in Russia through its ecommerce platform. Continue reading

Peek & Cloppenburg opens online store in the Netherlands

Peek & Cloppenburg

Fashion retailer Peek & Cloppenburg will open an online store in the Netherlands later this year. The retailer, which has three physical stores in the Netherlands, is focusing more and more on its online business. One year ago, the company opened its online store in Poland. Continue reading

June: ecommerce events in Europe

Ecommerce events in June

A new month is here, so there are new ecommerce events you could visit across Europe. As always, we’ve made a handy overview for you, so you know when and where an ecommerce event takes place this month in Europe. Continue reading