Deutsche Post DHL Group saw its revenue increase by 4.4 percent to 14.8 billion euros during the second quarter of this year. It’s mostly the company’s international parcel and ecommerce business that drove this strong growth. Continue reading
Last year, German consumers spent 3.7 billion euros on furniture and houseware online. This is an increase of 9.6 percent compared to the situation in 2015. Germany is one of the largest online furniture markets in the world and is expected to grow 10 percent annually for the next five years. The largest online furniture retailers in Germany have a total turnover of over 1.4 billion euros. Continue reading
German online marketplace Crowdfox announced yesterday the figures of its growth in the business-to-business industry. Sales of its B2B platform have doubled in the last quarter. This confirms the company’s high ambitions at the beginning of this year as well as the strategic decision to further expand its B2B business. Continue reading
Penny, a German discount supermarket chain, has launched its first online store. The discount grocery store enables consumers to order select non-food items online, as well as 30 different types of wine, sparkling wine and other spirits. Continue reading
Only one week after Ikea announced it has plans to sell its products through third-party websites, the Swedish retailer is now offering select Ikea products through Amazon. Thousands of products are available in all countries where Amazon has a dedicated online store. Continue reading
The German online food startup Delivery Hero confirms it has plans for an initial public offering later this year. It will issue new shares on the Frankfurt Stock Exchange, in hopes to raise about 450 million euros. Continue reading
Some online stores tend to adjust their prices, so consumers won’t go ordering something at a competitor’s website. For Ecommerce News Europe, price tracking software provider Prisync looked at how many ecommerce websites in Europe change their prices daily and how high the stock-out ratio is in these countries. Continue reading
The Otto Group saw its revenue increase by 3.4 percent during the 2016/2017 financial year. The turnover is now worth 12.5 billion euros, while the German retailer saw its EBITDA increase to 730 million euros, the highest level for many years. Continue reading
It looks like mcommerce in Germany is finally catching up. Although the usage of mobile devices for buying online and paying in-store in Germany is still lagging behind other big ecommerce countries, predictions look hopeful. In Germany, 29 million mobile users will buy online via a mobile device at least once this year, up nearly 15 percent from last year. Continue reading
Otto has introduced a new feature on its ecommerce website. The German online retailer now offers customers the opportunity to filter the most important aspects from product reviews on Otto.de. Consumers now have better access to information from the countless reviews on the website. Continue reading