Otto Group has announced the upcoming closure of the last returns-processing facility in Germany. The facility is operated by Otto subsidiary Hermes Fulfilment in Hamburg and will be closed down in the second half of next year.
Swedish startup Brink has raised 1 million dollars (844,000 euros) to further develop its ecommerce platform. The money was raised in a first investment round, ahead of the company’s launch. Over the past two years, Brink has operated in stealth mode building a headless ecommerce platform with open APIs.
Moteefe, a Dutch platform for on-demand production of merchandise, has successfully completed an 11 million dollar (9.3 million euros) funding round. It was led by new investor BGF, with participation from existing investors. The round follows a Series A fundraise announced earlier this year.
Belgian supermarket chain Colruyt has launched its own fresh food delivery service, called Rose Mary. The service enables customers to order ready-made meals. For now, Rose Mary only serves consumers in the Brussels region.
German ecommerce company Otto wants to found a subsidiary to handle all payment functions. It’s the latest step, and a bold one, in the further development of Otto as an online platform.
MultiSafepay, a Dutch collecting payment service provider, has announced today it will open an office in Germany. By making this step, the company wants to strengthen its German presence and support further growth internationally.
As of today, Ecommerce News Europe and Cross-Border Magazine are partners. Our blog and the magazine on cross-border online trade will help each other with attracting new markets and expanding their reach, both online and offline.
Due to the covid-19 outbreak, many events got canceled in the last few months. But now it’s September and there are several virtual ecommerce events in Europe you can attend. Let’s have a look.
SwipBox is partnering in Europe again. This time it’s with Belgian logistics provider Bpost. The two have teamed up to launch a network of parcel lockers that are battery driven and Bluetooth enabled. The first step is a pilot project in the Belgian city of Mechelen.
During the first half of this year, about 5,500 new online stores were registered in Poland. At the same time 2,000 got shut down. But some think the recent boom in ecommerce, due to the pandemic, won’t last long.
The top 100 retailers in Austria generated sales of 38.7 billion euros in 2018. The ranking of Austria’s largest retailers is led by six companies that have exceeded the billion euros mark: Rewe, Spar, Hofer, Lidl, XXXL Group and Media Saturn. Together, they generate 32 percent of all retail sales in Austria.
Castorama has installed its own click-and-collect lockers in Poland. The solution is called CastoMat and allows customers from the French DIY to pick up their orders whenever they like.
Afterpay has announced plans to buy Pagantis, its European rival. The Australian company is set to pay 50 million euros for the buy-now-pay-later company. The acquisition is part of Afterpay’s global expansion plans.
For almost a third of all online shoppers in Germany, purchase on account is the most popular payment method. Last year, this method gained even more sales than in the year before. PayPal ranked second among the payment methods with the highest turnover.
Online shoppers in the United Kingdom are four times more likely to order from online marketplaces than direct from retailers. Over half of the 69 percent of shoppers who regularly buy online, do so via online marketplaces.