Shopify is only 14 years old, but is already extremely popular. And although it’s a Canadian company, it has enormous popularity in the United States. The US accounts for 73.24 percent of all live Shopify ecommerce websites worldwide. But what about the Shopify usage in Europe?
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The European Commission has accused Amazon of abusing non-public data from third-party merchants to boost sales of its own brands in France and Germany. The Commission also opened a second investigation regarding the possible preferential treatment of marketplace sellers that use Amazon’s fulfillment services.
When it comes to paying for online purchases, many shoppers use their credit cards, PayPal or bank transfers. But which payment methods are most popular? And what’s the difference in payment preferences among different countries across Europe?
Dutch ecommerce association Thuiswinkel.org has launched Shopping Secure, a trustmark for cross-border ecommerce companies. The international trustmark can be used by both B2C and B2B companies.
The second wave of the coronavirus has hit Europe, so, unfortunately, many ecommerce events still take place online. But the good news is there are still several virtual ecommerce events in Europe you can attend. Let’s have a look.
The usage of PayPal in Europe is highest in the United Kingdom. That country counted more than 330,000 daily active PayPal users last year.
PayPal has announced it will allow customers to buy, sell and hold Bitcoin and other crypto coins using its online wallets. Starting in early 2021, customers will also be able to use these virtual coins to shop at the 26 million connected merchants.
The European Commission has launched the online portal Access2Markets. This tool offers information, tips and guidelines for companies engaged in international trade.
54 percent of European brands think their ecommerce potential is crippled by their logistical capabilities. And that’s why many retailers and brands turn to online marketplaces. But they also think that relying on marketplaces isn’t sustainable and want to shift the balance more to their own ecommerce channels.
Unfortunately, Covid-19 is still among us, so there are rarely physical ecommerce events to attend. Still, there are several virtual ecommerce events in Europe you can attend. Let’s have a look.
Cross-border ecommerce in Europe was worth 143 billion euros in 2019. And 59 percent of this market, 84 billion euros, is generated by online marketplaces. Amazon accounts for 22 percent of the market, while marketplaces with European capital represent 11 percent.
DSV has introduced an extra weekly inbound departure from Shanghai, as well as a new route between Hong Kong and Luxembourg. On these two routes, part of DSV’s Europe-Asia cargo air bridge, two 747 freighters will fly.
Online fashion retailer ModCloth has announced its return to Europe. The decision follows after not shipping to the European market for one and a half year. But after the acquisition of ModCloth by Go Global Retail last year, the company is available to consumers in Europe again.
Ebay will bring its managed payments service to sellers in three new markets in Europe next year. In the first quarter of 2021, eBay will manage payments in France, Italy and Spain.
The Covid-19 pandemic has drastically changed the way we shop online and offline. Food retailers have benefited from it, while omnichannel non-food retailers are just starting to recover. How has the coronavirus impacted consumer trends in Europe?