XPO Logistics, a major logistics company from the US, has expanded its last mile logistics service of heavy goods to Europe. The last mile delivery service from XPO Logistics will be available in the United Kingdom, Ireland, the Netherlands, Spain and France.
PayPal and VISA dominate the European ecommerce industry. In almost every country in Europe, one of these two is the most popular payment method for online shopping. Only in the Netherlands, the most popular payment method isn’t PayPal or VISA. Let’s have a look at the top 3 per country.
Today, the European Parliament has approved rules that put an end to geoblocking on ecommerce websites in Europe. As a result, online shoppers in Europe will have wider cross-border access to products, hotel bookings, car rentals or concert tickets. Consumers may no longer be blocked or re-routed to a local website. But geoblocking in Europe still won’t be fully implemented, critics emphasize.
Almost three in four online shoppers in Europe have made a purchase from a retailer within Europe. And over half of European shoppers ordered something from an online retailer that’s located outside the continent. Cross-border shoppers purchase at foreign stores, mostly because of better prices and because they are searching for a specific brand or product that isn’t available in their home country.
Chinese online retailer JD.com is ready to take on Amazon in Europe. The company will first launchs its ecommerce platform and delivery services in France next year. After that, the United Kingdom and Germany are next.
It’s time to visit some ecommerce events again! February is not a very busy month in terms of conferences, seminars and events about online retail, but it still offers some interesting ones! In case you want to, we’ve made a handy overview for you, so you know when and where an ecommerce event takes place this month in Europe.
Shop Apotheke Europe saw its consolidated revenue increase by 60 percent to 284 million euros at the end of last year. This is partly because of a major increase in the number of active customers, but also because of the acquisition of Europa Apotheek in September.
Startupbootcamp Commerce, an accelerator program which focuses on ecommerce, has selected ten international startups to participate in the international accelerator. Among these companies are eight startups from Europe that will go through the three-month program.
About one in six European companies that employ at least ten persons sold products and/or services via a website or apps last year. Among those companies, almost all of them sold to their own country, while less than half sold to customers located in other EU member states. Over a quarter of online-selling companies sold to non-EU customers.
The finance ministers of the European Union have agreed on simplified tax rules for online retailers. So, instead of registering for VAT in each EU country, online retailers in the future will be able to file a single tax return for the entire European Union. This should reduce costs for ecommerce companies and increase the tax revenues of EU countries.