Ecommerce News

Fashion Cloud raises 25 million euros

Fashion Cloud raises 25 million euros
Fashion Cloud, a B2B data startup, has raised 25 million euros in growth capital. The German company wants to use the new capital injection for product development. In addition, Fashion Cloud wants to accelerate its international expansion.
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Bol.com lays off 10% of staff

Bol.com lays off 10% of staff
Dutch ecommerce giant Bol.com is cutting approximately 10 percent of its staff. This comes down to 300 jobs. The company needs to save a total of 225 million euros over the next three years. The growth of the online store has come to a halt.
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ClearCourse acquires Sellerdeck

ClearCourse acquires Sellerdeck
The software and payments solution provider ClearCourse has acquired ecommerce platform provider Sellerdeck. Both companies are able to expand their product offering, thanks to the acquisition. The financial terms of the deal are undisclosed.
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Vinted 118 million euros in the red

Vinted 118 million euros in the red
Vinted, the marketplace for secondhand fashion, has made 118 million euros in losses in 2021. That is a fivefold increase compared to a year before, when the company was only 24 million euros in the red. At the same time, revenues increased from 148 million to 245 million euros.
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ChannelEngine partners with TikTok Shop

ChannelEngine partners with TikTok Shop
ChannelEngine, a Dutch marketplace integration platform, has partnered with TikTok Shop. TikTok’s social commerce feature has faced problems in Europe. Partnering with multiple ecommerce companies, including ChannelEngine, is hoped to help.
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