Stripe has expanded its payment services in Europe. The American tech company is now generally available in the Czech Republic, Romania, Bulgaria, Cyprus, and Malta. The payments company can now support businesses in 29 countries across Europe.
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Europe has turned into a continent of online shoppers during the corona crisis. Since the beginning of the current contact restrictions, 57 percent of European consumers shop online more than ever. About one in three Europeans (30 percent) are spending more money on virtual experiences.
The online grocery market in the United Kingdom is predicted to increase by 33 percent this year. It’s set to reach an estimated value of 19.2 billion euros, up from 14.5 billion euros last year. It would mean a significant development after four years of slowing growth.
EKM, a large hosted ecommerce provider from the UK, has introduced a new product for helping small business reach their local customers. The solution is called Obodo and offers a free online shop for local brick and mortar businesses.
Buymie, a grocery delivery start-up from Ireland, has signed a multi-year partnership agreement with Lidl Ireland. The two companies have been working together since 2019. Buymie also raised 2.2 million euros in funding.
Grocery chain Coop and postal company Posten Norge have launched grocery home deliveries in Norway. The two companies have partnered to deliver groceries to those who can’t go to stores during the Covid-19 lockdown restrictions.
Online fashion retailer Boohoo saw its revenue increase by 44 percent to over 1.4 billion euros last year. There was strong revenue growth across all regions, with international revenue now accounting for 45 percent of the group’s total sales.
More and more consumers in Europe are buying fresh food products online. Although many shoppers still tend to buy a lower volume online than they do-instore. The only exception seems to be the United Kingdom, where 42 percent buys more online than in-store and 32% percent buy less online.
Whistl has launched a local test in the United Kingdom to help online retailers with low volumes. These retailers now get the opportunity to get their parcels to customers with a wider range of delivery options, including 24 and 48 hours services.
La Rinascente, a department store chain from Italy, will launch its own online store in June. Initially, the idea was to make an online debut last month, but this has been delayed due to the outbreak of coronavirus Covid-19.
Recently, SwipBox has seen a significant increase in the utilization of its parcel lockers in Denmark. This is, of course, due to the Covid-19 lockdown. An extra useful feature of the parcel locker is that there’s no screen installed, so users don’t need to touch anything but their own phone.
Virtual1to1 Europe is a special edition of the Digital 1to1 events that typically take place each year. The organization launched the first 100% online European ecommerce meeting, which will take place on 16 and 17 June. The idea behind this virtual event was born from the need to help companies who are facing new challenges due to the current situation caused by coronavirus Covid-19.
“The outdoors life took a temporary break but this doesn’t mean that there is no activity going on indoors. There are industries who are finding new opportunities, companies who are doing inner work to be ready as soon as this situation is over and a third group who need to study how to reinvent themselves”, the organization behind Virtual 1to1 Europe explains.
On 16 and 17 June, over 150 selected ecommerce experts from all over Europe will meet online to keep working on the retail digital transformation. All attendees will have a personalized and prearranged agenda of 1to1 online meetings created with a professional matchmaking tool to define quality meetings between brands, ecommerce and retailers with digital needs and the digital solutions who can solve actually them.
Two virtual platforms
An exclusive platform for the 1to1 meetings, and another one where attendees will be able to do some networking meeting new contacts in a “virtual coffee”, finding new synergies and business opportunities, participate in conferences and group sessions where to discuss and share with other colleagues experiences and strategies to face together this new situation we are living today.
Payments platform VibePay has opened up its APIs for bank-to-bank payments and subscription payments, making payments available for retailers, businesses and SMEs. The move comes after the UK-based company secured about 1.4 million euros in funding.
Amazon must restrict its orders in France in the coming weeks, due to measures associated with Covid-19. That’s what a court decided earlier this week. Amazon can only accept orders of groceries, hygiene and health-related products.
CCC Group, a major footwear retail company from Poland, has launched its online shop CCC.eu in Hungary and Austria. In Hungary, the group already operates two ecommerce platforms, while in Austria, this will be the group’s first ecommerce platform.