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‘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

Visa invests in Klarna

Visa invests in Klarna

Visa will invest in Klarna, one of Europe’s fastest growing online payments companies. Today, the two companies announced they have the intention to develop a strategic partnership in the future. Visa and Klarna want to accelerate ecommerce and mcommerce for the benefit of consumers and retailers in Europe. Continue reading

Chiquelle expands to six more countries in Europe

This month, Swedish fashion retailer Chiquelle won the Global E-commerce Award at this year’s Global E-commerce Summit. The company’s pitch won 52 percent of the audience vote, thereby beating Indian online grocery store Big Basket and Swedish furniture manufacturer Ikea. We interviewed CEO and co-founder Pouya Boland about the award and the latest developments, including expanding to more countries. Continue reading

Klarna becomes a bank

Klarna

Klarna has been granted a full banking license by the Swedish financial supervisory authority Finansinspektionen. This means Klarna can operate as a bank, something it wanted for a long time. With a banking license, Klarna kan now broaden its product portfolio for customers and merchants. Continue reading

IKEA has plans to sell through third parties

Ikea

The famous Swedish furniture retailer Ikea has plans to sell its products on websites of third-party retailers. The surprising move follows after Ikea has been targeting more online customers. The home furnishing retailer didn’t comment on which platforms could be used for selling the Klippan sofa and Billy bookcase. Continue reading

The daily price change ratio in European ecommerce

Discount

Some online stores tend to adjust their prices, so consumers won’t go ordering something at a competitor’s website. For Ecommerce News Europe, price tracking software provider Prisync looked at how many ecommerce websites in Europe change their prices daily and how high the stock-out ratio is in these countries. Continue reading