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.
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.
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.
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.
The European elections take place between 23 to 26 May, in a time where Brexit and the growth of euroscepticism are hot topics. Pan-European ecommerce association Ecommerce Europe wants a level-playing field for the Digital Single Market and gives 10 recommendations for a better ecommerce industry in Europe.
The number of returns in Europe this year has increased by 8 percent compared to the same period last year. At the same time, free shipping has shown a 3 percent rise and goods purchased using a short-term promotion grew 29 percent.
May may bring some fresh knowledge, new contacts and lots of fun for you, because there are again many new ecommerce events to visit across Europe! So, 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.
German ecommerce company Otto is the biggest competitor of Amazon, and the only European alternative to this American ecommerce giant. At least, that is what the former CEO and current chairman of the Otto Group supervisory board, Michael Otto, claims.
Beerwulf, a Heineken-owned startup that sells beer online, will expand to more countries in Europe. The company will expand to the same countries where home tap retailer The Sub is already active. Last month, Heineken consolidated The Sub and Beerwulf.
H&M is the latest major fashion retailer that’s changing its free delivery policy. The Swedish clothing company is now asking for a delivery fee for loyalty club members. This only applies to small online orders, but still, it’s another sign of what’s to come in European ecommerce.
Ikea is testing the rental of its furniture in all of its main markets. The furniture retailer first said it was looking to lease its products in February, but it now revealed more details about the furniture rental project it will run across Europe and other markets.
March is over, so it’s time for a fresh new month with fresh new ecommerce events to visit across Europe! So, 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.
Perfumery chain Douglas wants to further expand its online business by launching an online marketplace. The company won’t stick to perfumes and make-up, it also wants to offer fashion through this platform.
BigCommerce has announced the roll out of BigCommerce for B2B. As the name suggests, it’s software suite that’s tailored for business-to-business retailers who want to sell their products online. BigCommerce for B2B is aimed at wholesalers, manufacturers and distributors.
The online cross-border market in Europe represented a turnover of 95 billion euros in 2018. This corresponds to a cross-border share of total online sales in Europe of 22.8 percent. Within these countries, 36 billion euros is generated by the top 500 cross-border ecommerce companies.