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Mister Spex raises 65 million euros

Mister Spex

Online optician Mister Spex has raised over 65 million euros in an equity round led by the Büll Family Office. With the fresh funding, the German company wants to accelerate its international growth and expand its retail network. Continue reading

Ecommerce websites in Europe hit by GDPR

European Union

Ever since the European Union’s General Data Protection Regulation, or GDPR, came into force 14 months ago, ecommerce websites in Europe have recorded lower page views, site visits and revenue. Continue reading

Etsy acquires music gear marketplace Reverb

Etsy acquires Reverb

Etsy, the global marketplace for handmade and vintage items, has acquired Reverb. This is a six-year old company that enables people to buy and sell new, used, and vintage music gear. The deal is for about 246 million euros in cash. Continue reading

10 reasons why ecommerce startups fail

Fail

It’s a well-known ‘statistic’ that 90 percent of startups fail within the first 120 days. But what could be the reason for an ecommerce company that just started to be unsuccessful so soon? Let’s have a look at the top 10 reasons why ecommerce startups fail. Continue reading

Ziticity wants 45-minute deliveries in Europe

Ziticity

Ziticity, a startup from Lithuania, wants to deliver packages in Europe from pick-up points to customers within one hour. The logistics company just raised a €315,000 seed round led by Estonia-based early stage fund Superangel, with participation from Practica Capital, Startup Wise Guys, and angel investor Mikko Silventola. Continue reading

Allbirds launches online store in Europe

Allbirds.eu

Allbirds has launched its online store in Europe. Consumers from twelve different countries across Europe can now orders sustainable shoes from the American brand through the dedicated ecommerce website. Continue reading

July: ecommerce events in Europe

Ecommerce Events in Europe in July

Summer is finally here! This also means there are less ecommerce events you could visit across Europe. But, as always, we’ve made a handy overview for you, so you know when and where an ecommerce event takes place this month in Europe. Continue reading

Alibaba launches English portal on Tmall

Tmall

Alibaba Group has launched an English portal on Tmall Global, the major cross-border online shopping platform. With this move, the Chinese company wants to boost its international expansion. Tmall wants to double the number of foreign brands in three years. Continue reading

Ecommerce in Europe: €621 billion in 2019

Ecommerce in Europe

Ecommerce in Europe is forecasted to be worth 621 billion euros by the end of 2019. This would mean an increase of 13.6 percent compared to the situation last year, when ecommerce was worth 547 billion euros. Continue reading

J.P. Morgan processes 30% of online transactions in Europe

J.P. Morgan

J.P. Morgan was named the number one ecommerce acquirer, by web transaction volume, in Europe. When the overall transaction volume is taken into account, the financial services provider happens to be the fourth largest merchant acquirer in Europe. Continue reading

June: ecommerce events in Europe

Ecommerce events in June

A new month is here, so there are new ecommerce events you could visit across Europe. As always, we’ve made a handy overview for you, so you know when and where an ecommerce event takes place this month in Europe. Continue reading

Farfetch gives designer bags second life

Farfetch

Farfetch has introduced Farfetch Second Life: a new initiative to give designer bags a second life. Customers can exchange their beloved handbags for credit they can use to fund future purchases on the online fashion store. Continue reading