In 2020, ecommerce within Europe has kept on growing. The total worth of European ecommerce grew to 757 billion euros. This is a 10 percent growth from 690 billion euros in 2019.
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Amazon Pay, which lets customers use their Amazon information to shop on third-party sites, has introduced version 2 of its checkout technology. The upgrade enables a faster and more secure checkout. The modernized web checkout technology can replace existing Amazon payment and address widgets.
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PayPal will raise the fees for payments between businesses in the United Kingdom and those in Europe. The reason for this price increase is Brexit. With the UK no longer being part of the European Economic Area, PayPal's costs are higher than usual.
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Berlin Brands Group has secured 700 million dollars (590 million euros) of additional debt and equity financing. The millions of euros were raised for the acquisition of ecommerce brands and the development of an international logistics network.
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Lightspeed Commerce is beating its rival Shopify when it comes to hiring new people. Lightspeed advertised around 2,600 jobs in the first eight months of this year. The most active month was August, in which Lightspeed posted 591 jobs, compared to Shopify's 71 listings.
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It's September already, and fall is almost here. Most events are hoping to take place physically this month, if needed, they can easily take place online. Let's have a look at what's possible this month.
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German supermarket chain Edeka has launched a new, international purchasing alliance. Together with European colleagues such as Picnic, Biedronka, Jerónimo Martins and Magnit, the purchasing alliance, called Epic Partners, should help with negotiating great deals with brand manufacturers.
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The vast majority (94 percent) of the most popular ecommerce websites in Europe have five or more errors on their checkout pages. Meanwhile, 21 percent of European consumers abandon a purchase if the checkout takes longer than one minute.
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BigBuy has extended its connector for selling on Amazon marketplaces. Now, retailers can start selling BigBuy products on the Amazon marketplaces in Poland and Sweden. With this expansion, all European Amazon marketplaces are covered by BigBuy.
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Berlin Brands Group has plans to massively expand its own logistics network in Europe over the next two years. The German company, which acquires ecommerce brands and Amazon retailers, will open logistics centers in multiple countries across Europe.
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Online retailers in Europe need to offer all kinds of payment methods if they want to reach as many customers as possible. Every country has its own preferences. Let's have a look at the preferred payment methods in Europe in 2021.
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SellerX, a Germany-based company that buys and builds Amazon brands, has raised 100 million euros in primary equity funding. It's the largest amount of money in a funding round by a European Amazon FBA aggregator.
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A.P. Moller - Maersk, a major container logistics company from Denmark, has announced its intention to acquire B2C Europe, a Dutch logistics company that's specialized in B2C parcel services in Europe.
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Amazon has introduced two new Fulfillment by Amazon programs in Europe to give more products a second life. With FBA Liquidations and FBA Grade and Resell, Amazon enables sellers to recoup potential losses on returned and overstock inventory.
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Customer engagement platform MoEngage has raised 32.5 million dollars (27.34 million euros) in a funding round led by India-dedicated private equity firm Multiples. With the money, MoEngage wants to invest more in the UK and the DACH region. "We want to go to the next stage of our growth plans in Europe."
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