Axfood AB, one of the largest food retailers in Scandinavia, is starting an ecommerce pilot project with their subsidiary Hemköp. Starting today, hundred selected customers will be able to order their groceries online and then pick them up at the store or have them delivered directly to them at home.
The Swedish crowdfunding platform FundedByMe is now accepting bitcoin payments. This announcement was done at the same time news came out bitcoin trading platform Safello is looking for funding… via FundedByMe. Safello will also process all bitcoin payments on this crowdfunding platform.
Fyndiq, the popular bargain marketplace from Sweden, will expand to Germany this year. The online company is currently looking for German-speaking people to fill the dozens of job vacancies they have. It’s no secret Fyndiq wants to spread its wings. After a funding round last year the company said it was looking to take its business to new markets, starting in Germany, the UK and Poland.
Cross-border ecommerce is growing steadily in the Nordic countries. Especially online stores in Sweden are popular among other Scandinavians. Norwegian consumers shop the most at foreign online stores. Ten percent of all Norwegians shop at Swedish ecommerce sites at some point every quarter.
Online retailers and consumers in the Nordics now can use another service for invoice payments. After the huge success of Klarna, it’s time for Avarda, a joint venture from Intrum Justitia and TF Bank. It aims to become the leading provider of payment solutions for online purchases in the Nordic countries.
Coolstuff is ready to expand further abroad. The Swedish online retailer that sells all kinds of crazy gadgets is already selling cross-border to customers in Norway, Denmark, Finland and Germany, but more countries are rising on the horizon. The next step for Coolstuff could be the Netherlands, its founders say.
The ecommerce industry in Sweden increased by 16 percent in 2014 and is now worth 42.9 billion Swedish kronor, or 4.53 billion euros. Ecommerce currently accounts for 6.4% of total retail sales in Sweden. Last year, more and more Swedish consumers used their mobile phones to shop online.