Parcel delivery service Instabox has quadrupled its revenues in Sweden last year. Sales went from 6 million euros to 24 million euros. At the same time, the number of users grew more than 150 percent. Currently, over 2 million people in Sweden use the company's parcel locker solution.
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Juni, a fintech company from Sweden that is aimed at ecommerce and marketing entrepreneurs, has raised 21.5 million dollars (18.2 million euros) in a Series A round of funding. The money will be used to focus on Juni's product development and to hire more people.
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Vanbruun, a fast-growing online jewelry and diamond retailer from Sweden, has expanded to Germany. This is the first foreign market outside of Scandinavia where Vanbruun has launched its online shop.
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PostNord invests significantly in parcel boxes in Sweden, Denmark, Norway, and Finland. The logistics company wants to have more than 12,500 of its own parcel boxes in the Nordics before the end of 2022. And after that, investments in additional parcel boxes are planned.
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Bambuser, a SaaS company from Sweden, has announced the launch of real-time virtual live shopping productions. With this solution, online shoppers can go on a virtual tour across scenic summer locations, while looking at fashion they can buy with just one click.
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Instabox, a Swedish company that offers same-day delivery through its network of lockers, has acquired Red Je Pakketje. This is a Dutch company known for its same-day delivery with short time slots and sustainable transport.
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Centra, a direct-to-consumer and wholesale platform for global brands, has been growing significantly during the pandemic last year. The Swedish company is now aiming for an aggressive, international expansion this year. It has made several new recruitments to achieve this goal.
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Finnish postal and logistics service provider Posti will invest over 100 million euros in its growth. The company follows a new strategy, which is all about parcels and flows of goods. It wants to focus more on parcel traffic and logistics in Finland, Sweden and the Baltics.
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Zalando has expanded its pre-owned online store Zircle to Scandinavia. Customers in Sweden and Denmark can now also buy pre-owned fashion via this online platform. And there's a very logical reason for this specific expansion to Scandinavia.
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Ikea has made the decision to stop printing its famous catalog. For 70 years, it has been an inspirational guide for many consumers around the world. But times are changing, and so the Swedish company has taken this "emotional but rational decision".
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When you think about big online stores from Sweden, you can't ignore H&M and Ikea. But these ecommerce giants aren't the biggest online shops in Sweden. Last year, NetOnNet was the one with the biggest ecommerce sales in Sweden.
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Afound, the outlet concept of H&M, now also offers a range of beauty products. The online platform already sells clothing, shoes, and interior accessories, but now customers can also shop for things like cosmetics, perfumes, and shampoos.
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Payer, a fintech company from Sweden, has launched a new product that should change customer registration in B2B ecommerce. The new product, yet to be named, lets ecommerce merchants verify new customers, so they can easily make their purchases.
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Amazon.se has officially launched. Starting today, customers in Sweden can start buying items from the local Amazon website. Amazon Sweden currently offers over 150 million products across more than 30 categories.
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Klarna has raised an amount of 650 million dollars, which corresponds to roughly 547 million euros. With this fresh funding, the Swedish payments company is now valued at around 8.9 billion euros. This makes Klarna the largest fintech unicorn in Europe.
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