It’s March and we’re still unable to physically visit ecommerce events in Europe. Luckily, there are still some interesting ones you can visit online. Let’s have a look at what’s possible this month.
Europe - archive
Thrasio, a company that acquires Amazon FBA brands and then scales them, will expand its recent 200 million euros commitment to 500 million euros. It will use this money to acquire ecommerce businesses in Germany and further expand its growth across Europe.
Logistics investments in Europe went up to 38.64 billion euros in 2020. This is, of course, driven by the massive growth of ecommerce in Europe. Last year marks the highest figure on record since 2013.
Branded Group announced it has raised 150 million dollars (124 million euros) in investment capital. Since its inception in mid-2020, the institutional acquirer and operator of ecommerce businesses has already acquired 25 best-selling marketplace brands.
EU4Digital, an initiative to extend the European Digital Single Market to Eastern Europe, has launched an ecommerce pilot between Armenia, Azerbaijan, Georgia, and Germany. Its goal is to increase ecommerce volumes.
UK packaging company Mondi has introduced its latest ecommerce product. It’s called BCoolBox and it’s a recyclable packaging solution that keeps perishable food cool while in transit. It uses thermo-insulation to keep items chilled below 7 degrees Celsius for up to 24 hours.
Storfund, which shortens the cash cycle of online sellers, secured 30 million euros of capital from the Private Debt team of Swiss bank Union Bancaire Privée (UBP) and private investors. This year, the company wants to provide 1 billion dollars (825 million euros) of cash advances to online marketplace merchants.
Berlin Brands Group has announced today it will invest 250 million euros for the acquisition of ecommerce brands that sell on Amazon. It plans to spend this money over the next 18 months.
Ecommerce has become a lifeline for many physical retailers in Europe that had to close their doors during the lockdowns. Now these brick-and-mortar businesses can continue their activities during the lockdown.
Webador, the international brand name of Dutch website builder JouwWeb, is slowly expanding across Europe. The ecommerce software solution has released a French version of its service and is currently busy launching Webador.be, to better serve the French-speaking part of Belgium.
2020 was a challenging year for many. At the same time, ecommerce grew like never before. What can we expect from 2021? SearchNode published a new report on the latest ecommerce trends and the impact of Covid-19.
Ecommerce software solution Ecwid has announced partnerships with popular payments providers in Europe, including Giropay, Sofort, iDeal, SEPA, Klarna, and PayPal Plus. This news follows after an increase in new customers of 143 percent year-on-year and strong transaction volume growth.
Ecommerce marketing startup MikMak has launched in Europe and Canada. Its ecommerce enablement and analytics software are now available for European brands. The expansion follows after the company raised 10 million dollars in a Series A funding round in August.
For certain fast-moving consumer goods categories, half of retailers and wholesalers in the European Union experience supply constraints that are based on their location. These restrictions could limit traders to source goods in, and to resell goods to, other EU countries.
Logistics startup Saloodo has announced it’s now ready to be used globally. The road freight platform was launched by DHL Group in 2017 and was already available in some markets in Europe.