The growing ecommerce has led to a rise in most types of fraud, online fashion retailers claim. One in three have experienced more online payment fraud, while 44 percent have experiences a rise in account takeover and promotion abuse.
There has been a 40 percent growth in pick-up/drop-off points in the European Union and the United Kingdom since mid-2019. Especially in Poland there was a significant increase in the number of PUDO points.
Grover, a German subscription service for consumer electronics, has raised 60 million euros in an oversubscribed Series B Round. The company wants to use the money to accelerate international expansion.
Almost five years ago, Hubble Contacts turned the optical market upside down by supplying contact lenses directly to consumers. Nowadays the US company has hundreds of thousands subscribers in about 30 countries. Ecommerce News Europe spoke with Emily Sewell, Vice President Supply Chain.
Lightspeed has announced the launch of Lightspeed Payments in Europe. At first, this payment solution will only available for hospitality merchants in the United Kingdom. Soon it will be available for retailers. Other European markets will also follow soon.
Everli, an Italian marketplace for online grocery shopping, has raised 100 million dollars (85 million euros) in a Series C round. It will use this money to further expand across Europe.
Spring is here! It’s April and while physically visiting ecommerce events is still not an option, there are still a few interesting ones you can visit online. Let’s have a look at what’s possible this month.
With the corona crisis giving a massive boost to ecommerce in Europe, customer service teams were put under substantial pressure. And the return numbers also significantly increased last year. How do customer service in European countries perform?
The online cross-border market in Europe was worth 146 billion euros in 2020. This is an increase of 35 percent compared to the situation one year before. The cross-border share represents 25.5 percent of total online sales in Europe.
PayPal today announced the launch of Checkout with Crypto. With this feature, PayPal customers can pay with crypto coins alongside other payment methods in their PayPal wallet. Checkout with Crypto is available at millions of global online retailers and other businesses.
The Suez Canal blockage, from 23 until 29 March, doesn’t just affect the Egyptian economy or the global shipping industry. Around 12 percent of global trade passed through the canal, so a lot is affected by the blockage. The delay will strongly impact on ecommerce orders placed by European consumers.
Amazon in Europe has welcomed 115,453 new sellers this year. This equates to 1,461 per day. Most new sellers have joined the Amazon marketplaces in the United Kingdom, the Netherlands and Germany.
Online retailers who sell on Amazon and use a payment service provider (PSP) to receive their Amazon sales proceeds, need to make sure their PSP participates in Amazon’s Payment Service Provider program. Here’s what is about to change and how you can be ready for the changes.
Deutsche Post DHL Group saw its revenue increase by 5.5 percent to 66.8 billion euros in 2020. This growth was primarily driven by the global ecommerce boom. The pandemic measures worldwide led to higher parcel volumes.
Amazon has launched the first edition of the Amazon Launchpad Innovation Awards. This is a European competition designed to support innovative startups. The best company will win the ‘Startup of the year’ prize of 100,000 euros.