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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

Belgians spent €2.73 billion online in first quarter

Ecommerce in Belgium

During the first three months of this year, 7.4 million Belgians made 23 million purchases online. While doing this, they spent 2.73 billion euros, which is an increase of 12 percent compared to the same period last year. Continue reading

Belgian retailers launch shopping event Belgian Friday

Belgian Friday

Five online retailers from Belgium have created a new shopping event, called Belgian Friday. According to the organizers, this day is meant as a local answer to Black Friday. Belgian Friday will take place this Friday and the discounts last until the Monday after Pentecost, which is an official holiday in many European countries. Continue reading

Coolblue’s sales increase by 38% to 1.2 billion euros

Coolblue, omnichannel ecommerce company from the Netherlands

Coolblue, a major omnichannel retailer from the Netherlands, saw its total revenues grow to 1.2 billion euros last year. That’s an increase of 38 percent compared to the year before. The company’s net profit increased slightly, from 8.9 million euros to 9.1 million euros. Continue reading

DIY marketplace ManoMano sees revenue increase by 180%

ManoMano

ManoMano, a European online marketplace specialized in DIY & gardening, closed last year with a global turnover of 250 million euros, which is an increase of 180 percent compared to 2016, when the French company generated a turnover of 90 million euros. Its UK turnover doubled year-over-year. Continue reading