France

Furniture and houseware retailer Home24 is expanding its marketplace to more European countries. The platform for third-party sellers launched in Germany this summer. By the end of 2022, it will enter Austria, France and Switzerland.

In online shops, 16 percent of products are out-of-stock. The United Kingdom and the Netherlands have the best product availability. Google Shopping, Facebook Product Ads and Amazon are the top three advertising channels for ecommerce sellers worldwide.

Curated fashion platform Farfetch has bought a 47.5 percent stake in Yoox Net-A-Porter Group. It is unclear what amount of money was involved in the acquisition. Because of the deal, Farfetch can acquire the remaining shares later on.

Wholesale marketplace for secondhand luxury goods LePrix is launching in France. It is originally from the US and is now starting European expansion. “The demand for pre-owned luxury goods in Europe is surging”, says General Director Camille de Vregille.

The French Beaumanoir Group wants to acquire fashion retailer Sarenza. The online shop is now in the hands of Monoprix. According to the Beaumanoir Group, Sarenza will strengthen their ecommerce activities.

JohnBeerens.com, the online beauty retailer from the Netherlands, is launching in France and Germany. The company is also working on its own product label and customer loyalty program.

Vinted, the secondhand fashion marketplace, is launching its own logistics company: Vinted Go. The service will have its own parcel lockers in and around Paris. Additionally, its online shipping platform can be used by other companies.

Startup JUST, which enables a one-click checkout for online stores, raised 3 million euros in seed capital. The solution can increase conversion by nearly 20 percent, according to the company. The one-click checkout landscape is highly competitive.

Amazon Fashion Luxury Stores is launching in 5 countries in Europe. The ecommerce giant will offer 8 brands at launch, planning to add more in the future. But the competition for luxury fashion retail in Europe is fierce.

Octopia Fulfillment, a logistics service provider from France, has announced that it will open new warehouses in the coming months. The company will launch warehouses in the UK and Germany, as an addition to its warehouses that are currently active in France and Spain. The expansion will further solidify the company's logistics network.

PayPal has launched its funding solution for SMEs, called PayPal Funding Pro, in two new European markets: France and the Netherlands. The solution gives SMEs quick and easy access to growth capital. Online sellers can find it in the PayPal Commerce Platform.

French ecommerce automation platform Lengow has acquired Netrivals, a software provider for price comparison. The companies have not released any financial details about the deal. As a result of the acquisition, Lengow will expand into Spain.

French logistics provider Bigblue has raised 13.66 million euros in a Series A round. The funding will be used to expand further internationally. In order to do so, the company plans to hire 100 new people in the next 12 months.

The French Galeries Lafayette group is about to fully acquire ecommerce platform La Redoute. The retailer group already had more than 50 percent of shared in the platform since 2017. In the summer, this stake will rise to 100 percent.

French fintech Alma has raised 210 million euros in funding. With the capital injection it wants to expand across Europe into Austria, Luxemburg, Portugal, Ireland and the Netherlands. The company is already internationally active in Belgium, Germany, Italy and Spain.