Online marketplaces are becoming more popular. This is also the case for regional platforms that bring local retailers and specialty stores together. One such example is Lozuka, which started in the German city Siegen, but is now, as a reaction to Covid-19, available to more regions.
A new online platform, called #supportyourlocal, has been launched to support local business owners. The non-profit project urges consumers to buy vouchers, so that business owners who need to close their doors, can still generate some turnover.
Logistics company Hermes has launched a pilot project, called PaketFuxx, in which consumers who regularly accept parcels for neighbors are paid 30 cents per package. Hermes will also pay this money if the goods are delivered by another company.
The Shop-Awards 2020 were handed out. This award show is organized by Internet World Business and praises the best online stores in Germany. A total of 17 different online retailers won an award.
Momox, a major recommerce player from Germany, has recorded a significant increase of its sales. Last year, the company’s annual turnover was worth 250 million euros. This is 25 percent more than in the previous year.
Deutsche Post and DHL Paket have announced a variety of new digital services and improvements of existing solutions, which should make the use of mail and parcel services easier and more transparent. The new services include letter tracking, pictures of envelops and a new Post & Paket 24/7 machine.
Ankorstore, a B2B marketplace from France, has opened its doors in Germany. With a look that is reminiscent of a business-to-consumer website, the platform wants to adapt the distribution between brands and retailers to today’s needs.
Zalando will launch a ‘Pre-Owned’ category in its platform. This fall, Germany will be the first market to offer this will service. It will be available in the women’s, men’s and kids’ segments.
Mybudapester says 2019 was a strong year for the fashion retailer. It achieved an annual turnover of 18 million euros and it opened an office and their own online shop in China. For the current year, the focus is on the search for an investor and the expansion of its presence in Asia and the USA.
German consumers prefer to pay with PayPal when they are shopping online. This payment method was the favorite of 57 percent of customers who have a preferred way to pay for their online orders.
Fiverr now offers a German online marketplace. For the platform, which connects businesses with freelancers offering digital services, Germany is the first market outside of the United States. The localized website Fiverr.de wants to give German SMEs, startups and solo entrepreneurs better access to experts from all over the world.
The Cabinet of Germany has launched a draft law that is aimed to improve waste avoidance and to increase recycling. For online retailers this means the destruction of products will be more difficult, so they need to find a better way to deal with returns.
The Otto Group saw its global online revenues increase to 8.1 billion euros in the 2019/2020 financial year. This is an increase of over 5 percent compared to the situation one year before.
Girav, a Dutch startup specialized in extra long T-shirts for men, is going abroad. The ecommerce company has opened an online store in Germany.
The amount of online marketplaces in Germany, Austria and Switzerland has increased significantly in the past five years. In 2015, there were only 81 online marketplaces, but nowadays there’s 173 of them.