Bulgaria

Nowhere in Europe are ecommerce sales expected to grow faster through 2029 than in Turkey. Bulgaria ranks second, according to a new top 10 compiled by ECDB. “Eastern and Southeastern European countries are leading the growth race”, the ecommerce statistics company states.

Zalando is accelerating its European expansion. After earlier announcements, Portugal and Greece are now live, marking the next step in Zalando’s strategy to strengthen its footprint across Europe. Bulgaria is expected to follow on August 1st this year. New signals suggest the rollout will not stop there.

The adoption of ecommerce varies widely across European regions: from 21.7 percent in Yugoiztochen, in the southeast of Bulgaria, to 91.5 percent in the Dutch province of Utrecht. A new map from statistics agency Eurostat clearly visualizes these differences.

Romanian ecommerce fulfillment provider Helpship has been acquired by euShipments, a Bulgarian logistics company for online sellers. Thanks to the acquisition, euShipments can strengthen its presence in the Romanian market.

123inkt, a Dutch e-tailer of print cartridges and office supplies, is for sale. The company is said to be worth at least 500 million euros. Since its last annual numbers, the company has grown significantly, sources say.

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.

H&M Group has announced the online expansion of five of its brands. This month, COS, Weekday, Monki, & Other Stories and Arket will have their collections available online in nine new markets across Europe.

Takeaway.com, the Dutch company that's gaining more and more market share in Europe, has acquired two food delivery marketplaces in Eastern Europe. Takeaway.com is now the owner of BGmenu from Bulgaria and Oliviera from Romania.

The Bulgarian E-commerce Association has joined Ecommerce Europe and is now the 20th national association that has joined the pan-European organization, which represents over 25,000 online retailers across Europe.

The Romanian online fashion retailer FashionUP has taken over Click4Fashion, which is active in Romania, Bulgaria, Slovenia and Hungary. With the acquisition, FashionUP wants to further expand its business operations in the region. The value of the transaction wasn't disclosed.

Lesara, a Berlin-based online fashion and lifestyle retailer, has announced it will now also supply customers in the United Kingdom, Spain, Greece, Portugal, Bulgaria, The Republic of Ireland, Romania, Hungary, Estonia, Latvia, Slovakia, Poland, Czech Republic, Sweden, Denmark and Finland.

La Redoute, one of the largest online fashion retailers in France, has found a new official distributor for its brands in Romania and Bulgaria. Online store Click4Fashion is now the only online store in these two Eastern European countries who can guarantee delivery of La Redoute products that are ordered online in Romania and Bulgaria.

Romanian online store Click4Fashion.com has begun a strategic partnership with European multichannel retailer Heinrich Heine. As a result, Romanian and Bulgarian customers from Click4Fashion now have the possibility to shop for products and brands from Heinrich Heine.

H&M will sell online in Belgium, Bulgaria, the Czech Republic, Hungary, Poland, Portugal, Romania, Slovakia and Switzerland. The Swedish fashion retailer is making a big ecommerce push as it already invested heavily in its online retail site and took several steps to connect its web and mobile assets with its brick-and-mortar stores.

H&M will launch online stores in eight different countries in Europe during 2015. The new online markets will be Belgium, Bulgaria, Czech Republic, Hungary, Poland, Portugal, Romania, and Slovakia. H&M’s online stores are already available in eleven European countries.