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MoEngage raises 27.3 million euros

MoEngage raises 27.3 million euros

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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BigBuy: “new VAT regulations strengthen our position”

BigBuy: “new VAT regulations strengthen our position”

New VAT ecommerce rules have come into force on the 1st of July. Now, all imported goods – also the ones worth less than 22 euros - are taxed with VAT. For dropshipping ecommerce companies things could get more costly, but not for retailers using dropshipping platforms that work with stock based in Europe like BigBuy. Ecommerce News Europe spoke with CEO Salvador Esteve.

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Largest marketplace sellers account for 88% of GMV

Largest marketplace sellers account for 88% of GMV

Large marketplace sellers play an essential part on online platforms. They contributed 88 percent of marketplaces' Gross Merchandise Value during the first quarter of this year. But small and medium-sized sellers are on the rise: they doubled their contribution in that same period and even tripled in the past year.

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