eShopWorld, which offers modules for cross-border retailers, has been ranked number one in the local Deloitte Technology Fast 50. This list ranks the fastest growing technology companies in Ireland based on average percentage revenue growth over four years. eShopWorld achieved growth of more than 9,900 percent during this period.
An Post, the state-owned postal services provider of Ireland, is joining the world of delivery boxes. Last month, An Post announced it has started its Delivery Box service. “No more missed deliveries, stress-free online shopping and your parcels delivered safely even when you are out”, the company promises.
A survey among several European countries shows that it’s especially the Dutch and Irish consumers who are interested in fashion deals. Italians on the other hand, aren’t that keen on such deals. Of all 17 discount categories, coupon codes for women’s clothing didn’t make into the top 5 of most used discount codes for this country.
HMV, an entertainment retailer that operates in the United Kingdom and Ireland, is about to launch an official ecommerce website. This will allow consumers to buy online from the company ever since it financially collapsed two years ago.
In Ireland, a statistics goes around that around 75% of the money consumers in Ireland spend online goes to overseas companies. This may well be the case, but the opposite figure is also interesting. On average, 33 percent of revenue from Irish ecommerce sites comes from outside the country.
Zalando has opened the new Zalando Fashion Insights Centre in Dublin. With this first technology hub outside of Germany, the online fashion retailer is about to create 200 jobs during the next three years. The new base will focus on understanding the habits and patterns of online shoppers to create a personalized platform.
Payment gateway Realex Payments has been sold to Global Payments. Realex Payments processes over 29 billion in payments for thousands of online and mobile businesses worldwide and will continue to do this as part of Global Payments, a provider of payment technology services. The transaction is valued at 115 million euros.
The average Irish shopper will buy twenty-two Christmas presents this year, which is an increase of 31% compared to last year. On average, Irish consumers will spend 266 euros on holiday gifts. Of these gifts, twelve of them will be bought online this year.
The ecommerce industry in Western Europe is expected to reach 204.7 billion euros worth of sales in 2014. This makes this region, consisting of The United Kingdom, France, The Netherlands, Belgium, Ireland and Luxembourg, again the biggest ecommerce region in Europe.
Wrangler has some big plans for this fall: it will launch an online store in ten European countries as well as launch a campaign with Finnish racing driver Kimi Raikkönen to boost sales. At the end of this year, Wrangler’s online has to available in Germany, Sweden, Denmark, Austria, Poland, the Netherlands, Great Britain and Ireland. France and Belgium will follow later.
Just Eat has shown some pretty big growth during the first half six months of this year. Its revenue grew by almost sixty percent compared to the same period last year, while its profit went up almost 600% in the past six months. But not all is positive for the UK-headquartered company, as revenue in Belgium and the Netherlands declined.
Ask some people which country in Europe they think is the most entrepreneurial and few will come up with Ireland. But it´s true. At least by one measure. The Wall Street Journal took data from Dow Jones VentureSource on the total amount of venture capital raised by tech companies, divided by population to get the per capita figure.
The total online economy of sold goods and services in Western Europe amounted €158.1 billion last year, but is expected to grow to €173.8 billion in 2013, according to new data from Ecommerce Europe, an umbrella organisation for online retailers active in Europe.