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Sweden

PayPal acquires iZettle

iZettle E-commerce

PayPal has signed an agreement to acquire iZettle, a Swedish fintech company that’s aimed at small businesses. PayPal will pay 2.2 billion euros for iZettle, which makes it the biggest acquisition of PayPal ever. Continue reading

iZettle launches ecommerce platform

iZettle E-commerce

Fintech company iZettle has launched its own ecommerce software solution. iZettle E-commerce is meant for current iZettle customers that want to sell their products online and for new customers to the Swedish company. Continue reading

Mister Spex brings partner optician program to Sweden

Online optician Mister Spex

Online optician Mister Spex continues to expand its multichannel approach across Europe and now offers its partner optician program also in Sweden. The Scandinavian country is the fifth market in Europe where customers have access to services as free eye tests and eyewear adjustments through partnering opticians. Continue reading

Ecommerce in Sweden was worth €6.7 billion in 2017

Sweden

Ecommerce in Sweden has increased by almost 16 percent last year. The online retail industry in this Scandinavian country was worth about 67 billion Swedish kronor, or 6.7 billion euros, which is just below the forecast of 67.7 billion kronor. Continue reading

Mobile accounts for 64% of Swedish ecommerce traffic

Mobile commerce in Sweden

The mobile phone and the tablet account for two thirds of all ecommerce visits in Sweden. Already in 2015, the share of ecommerce visits that took place on a mobile device, i.e. a mobile phone or tablet, was up over 50 percent. And during the last two years, the same shift occurred for orders and revenues coming from mobile devices. Continue reading

Shopping online from China becomes expensive in Sweden

Sweden

Buying cheap products online from Chinese ecommerce websites is very popular in Sweden. Every day around 150,000 packages from websites like Alibaba and Wish arrive at Stockholm Arlanda Airport. Until now, customers didn’t have to pay taxes on these purchases, but that’s about to change. And, on top of that, PostNord will also charge a huge administration fee per package. Continue reading

Swedish ecommerce startup NA-KD raises €37 million

Swedish fashion ecommerce startup NA-KD

NA-KD, a Swedish fashion retailer, has raised 45 million dollar (36.8 million euros) in Series B funding. NA-KD wants to use the money to accelerate the company’s growth and to further expand its business globally. The Swedish startup has plans to launch 9 localized websites in the coming months. Continue reading

Swedish online marketplace Webgallerian relaunches

Online marketplace and shopping mall WebGallerian

Webgallerian, an online marketplace from Sweden, has relaunched this year. The goal is still the same: to bring together hundreds of online stores under one single roof and to become the biggest online marketplace in the Nordic region. Continue reading

‘H&M will launch online discount store’

H&M (Hennes & Mauritz), fashion retailer from Sweden

Swedish fashion retailer H&M is secretly working on a new project, which aims to sell branded clothes online at discount prices. For now, the project has been dubbed P12 and it’s expected to launch somewhere in April. Continue reading

‘Amazon launches in Sweden within 12 months’

Amazon.com

Amazon will launch in Sweden. This rumor has been going around for quite some time, but now it’s just a matter of when, not if, Amazon will open Amazon.se to the Swedish public. Now the CEO of comparison site Pricerunner says Amazon will launch in Sweden very soon. “It’s happening in the next 1 to 12 months.” Continue reading

Apotea is Sweden’s most favorite online store

Online pharmacist Apatea from Sweden

Online pharmacist Apotea has been rewarded with an award for being Sweden’s most favorite online store. The online-only pharmacist is followed closely by Adlibris and CDON. It’s the first time PostNord has organized this competition, which is solely based on consumer votes. Continue reading

The 10 fastest-growing ecommerce companies in Sweden

Sweden

There are several ecommerce companies in Sweden that have grown by several thousand percent since 2015. The fastest-growing ecommerce company in Sweden even saw its revenue increase by 61,850 percent between 2015 and 2016. Continue reading

Ecommerce in Sweden: 11.5 billion euros in 2017

Sweden

Ecommerce in Sweden continues to grow on almost all fronts. This year, it’s expected the online industry will be worth 109.5 billion Swedish kronor, or 11.5 billion euros. This would be an increase of 9 percent compared to last year. Continue reading