Danish Consumer Council THINK Chemicals says shopping cosmetic products in the online shop Wish.com is problematic. The main problem is that customers often don’t know what’s in the products they buy through this popular online store.
Below you’ll find all the articles we’ve written about Danish ecommerce, online retailers, acquisitions, cross-border initiatives and more. If you want to know more about the Danish online retail industry, check out our information page on ecommerce in Denmark.
International IT services company Columbus has launched Columbus eCommerce, a SaaS ecommerce solution for B2B and B2C organizations. Using prebuilt templates, companies can make a new ecommerce website using Columbus’ solution, which integrates with Microsoft Dynamics 365. The software is focused on B2B retailers, but also offers built-in B2C functionality.
The ecommerce industry in the Nordics (Sweden, Denmark, Norway and Finland) was worth 209,6 billion Swedish kronor, which corresponds to over 20.6 billion euros, last year. Almost forty percent of the total Nordic ecommerce revenue was generated in Sweden.
Toy retailers are in a difficult spot. Online shopping keeps growing and offline retailers are suffering because of this. That’s why in Denmark, online toy retailer Coolshop joined forces with nine physical toy stores. And now they are all doing well.
Ecommerce in Denmark is estimated to be worth 15.5 billion euros in 2017. If this prediction comes true, it would mean the B2C ecommerce turnover in this Northern European country increases by 15 percent compared to last year.
80 percent of leading retailers in the Nordics have an ecommerce app and a mobile-optimized ecommerce website. Almost one in five retailers have focused on optimizing their website for mobile visitors, rather than focusing on an app. Only 1 percent has neither.
Zalando is ready to conquer the Nordic region. The online fashion platform successfully completed its location search and will open its first Nordic fulfillment center in Sweden later this year. The fulfillment center will be built in Brunna, near Stockholm, and is meant to meet the demand of its customers in Sweden, Denmark, Finland and Norway.
The Danish company Traede, which offers a B2B sales system for brands, has received 3.5 million Danish kroner (about 470,000 euros) in funding from SEED Capital, the country’s largest early stage venture fund. Previously it received about 400,000 euros from Markedsmodningsfonden.
The ecommerce industry in the Nordic region was worth 21.9 billion euros in 2016. The biggest share of online retail revenue in this region comes from Sweden, which generated 8.5 billion euros last year. But Norwegians scored the highest monthly amount spent per person.
Event organizer Shoptalk announced it secured 2 million dollars (€1.86 million) in venture capital funding to support the launch of its first European ecommerce event, Shoptalk Europe. The company also announced the first group of speakers for the event that takes place in Copenhagen from October 9 until October 11.
Komplett.no, the biggest online retailer in Norway, will launch its own marketplace where other retailers can sell their products. The company is slowly transforming from being an online shop to an ecommerce marketplace and is aiming to become the Amazon of the Nordics.
Total Retail, the ecommerce event of Danish ecommerce association Foreningen for Dansk Internet Handel, will cease to operate. Members of FDIH will instead be invited to attend Shoptalk Europe, a large ecommerce event which will be held in Copenhagen on 9, 10 and 11 October.
Anders Holch Povlsen, the sole owner of Danish online retailer Bestseller, has invested a double-digit million-euro sum in Miinto Group, a Danish platform that hosts 20,000 brands on one online platform. Most of the investment will be used for creating more awareness and for developing on new digital solutions.
Vente-privee keeps on expanding in Europe by buying competitive websites that also offer private sales online. The French company now acquired, through its subsidiary Vente-Exclusive.com, the Danish ecommerce website Designers & Friends. With the acquisition, Vente-privee wants to strengthen its position in Scandinavia.
Ecommerce in Denmark was worth over 100 billion Danish kroner (13.44 billion euros) for the first time ever. The online retail industry in Denmark now accounts for approximately 10 percent of the total retail turnover.