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Amazon and eBay account for 66% of German ecommerce

Amazon and eBay

Amazon, eBay and eBay Classifieds together have a 66 percent market share in the German ecommerce industry. Every other online retailer from the top 50 list can’t even pass a market share of 3 percent. Continue reading

Bpost raises €650m for ecommerce transformation

Belgian postal company Bpost

Belgian postal company Bpost has raised 650 million euros. The transaction will serve to refinance the acquisition of Radial Holdings it completed in November of last year. Bpost is more and more becoming a full ecommerce logistics company. Continue reading

Kaufhof and Karstadt form joint venture

Kaufhof and Karstadt

Two major German department store chains, Kaufhof and Karstadt, will form a joint venture after Hudson’s Bay sells half of its European business to Signa Holding. The latter will hold only a little bit more than half of the entity and will manage the operating business. Continue reading

German marketplace DaWanda closes its doors

German DIY-marketplace DaWanda

After twelve years of operating in Germany and other European countries, online marketplace DaWanda will cease all business operations on the 30th of August. The marketplace also came to an agreement with Etsy, so current shop owners can continue selling their handmade products. Continue reading

Ecommerce in Europe was worth €534 billion in 2017

Ecommerce in Europe

Ecommerce in Europe has once again shown some double-digit growth. The total ecommerce turnover in Europe increased by 11 percent last year, making it worth 534 billion euros. For the current year, a growth rate of 13 percent is expected, which would mean ecommerce in Europe will be worth 602 billion euros in 2018. Continue reading

HomyHub delivers parcels in consumers’ garages

HomyHub

The Spanish startup HomyHub has, together with national postal service Correos, developed a service, called Safe Delivery, which allows consumers to receive their packages in the garage, without having to be at home. By using an app, consumers can control, monitor and manage access to their garage. Continue reading

Ecommerce in Hungary was worth €1.65 billion in 2017

Ecommerce in Hungary

For the first time, the ecommerce turnover of Hungary has surpassed the psychological limit of 500 billion Hungarian forints. Ecommerce in Hungary was worth 545 billion forints, or 1.65 billion euros, last year. Continue reading