Spanish wholesale platform BigBuy has generated a turnover of 105 million euros in 2022. The company managed around 2 million orders in that same year. Additionally, it has increased its workforce by 20 percent.

Patchworks has raised 4 million pounds (4.4 million euros) in growth capital. The ecommerce integration platform wants to use the funds to enhance its product offering. The company also hired Jim Herbert from BigCommerce as their new CEO.

Zalando saw its earnings before interest more than halve last year. The platform’s sales increased slightly by 3 percent compared to a 34 percent growth in 2021. After a tough year, the fashion giant predicts revenue could shrink in 2023.

German ecommerce giant Otto Group has disbanded its toys platform MyToys. The platform was not able to become profitable. All of its stores will have to close. The decision leads to a cut of 800 jobs.

Seventeen European trade organizations have recently published an open letter to the European Union to express their disapproval of a new withdrawal button. This button allows consumers to undo a transaction after placing an order. “This button exceeds its purpose”, said Marlene ten Ham of Dutch ecommerce association Thuiswinkel.org.

In the FT 1000-ranking of fastest-growing European companies, 95 are ecommerce businesses. The vast majority of these companies is from Germany, such as WLDOHO and KoRo. Italy (24) and France (12) are also well-represented.

Barcelona’s City Council aims for 40 percent of online purchases to be delivered to pick-up points instead of at home in 2023. To achieve this, Barcelona introduced an annual tax for logistics companies that offer home delivery.

Used cars retailer Autohero.com generated 1 billion euros in sales in 2022. That is an increase of over 80 percent compared to the year before. This is mostly due to raising prices of used cars following supply chain shortages.

Fashion retailer Yoox is adding a secondhand category on its marketplace. The pre-owned category is available in nearly 30 European countries. Later this year, the marketplace is planned to launch in the United States and Middle East as well.

Otto Group has an expected revenue of 12 billion euros for 2022. This is a 2 percent decrease compared to the year before. In Germany, ecommerce sales fell as much as 8 percent, while international sales have increased.

Dutch electronics store Coolblue made a profit loss of 6,2 million euros in 2022. This is a stark contrast with profits of over 39 million euros the year before. The company generated 2,35 billion euros of revenue. a small year-on-year growth of 0,6 percent.

Zalando is introducing a base rate for third-party sellers and brands starting July 1st. Partners will have to pay a monthly 40 euros. In addition, the fashion retailer will increase commissions per sold item for certain products.

Dutch fulfillment company Salesupply has opened a second location in Germany. The new center is fully automated, resulting in lower costs, a faster picking and packing process and more efficient storage. The growing demand for the business’ solutions required a new location in the country.

Slovenia-based startup CartFox is launching a new feature: post-purchase SMSes. The company offers automated abandoned cart text messages to online retailers. With the new function, sellers can give customers additional discounts after placing an order.

The European Union is implementing the Digital Services Act and the Digital Market Act, which impact online marketplaces and social media platforms. This package of rules will create a safer digital space for users and fight rogue sellers.