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Investment for Swedish retailer Caliroots

Investment for Swedish retailer Caliroots

Cristina Stenbeck, former chairman of Swedish investment company Kinnevik, has invested 18 million Swedish kronor (1.69 million euros) in Caliroots. The Swedish omnichannel retailer of sneakers and streetwear just announced it made a loss of about 3.75 million euros last year. Continue reading

Ecommerce in Sweden to be worth €16.86 billion in 2019

Ecommerce in Sweden to be worth €16.86 billion in 2019

Ecommerce in Sweden is expected to be worth 16.86 billion euros at the end of this year. The Swedish business-to-consumer ecommerce turnover was worth 14.95 billion euros last year and it’s predicted this will increase by 12.8 percent. Continue reading

Klarna pulls plug on Wavy app

Klarna pulls plug on Wavy app

Barely two years after Klarna announced its peer-to-peer payment app called Wavy, the Swedish company pulls the plug on the app. Some functions of the social payment application will be integrated into the Klarna app. Continue reading

Delivery Hero acquires Hungrig.se

Delivery Hero acquires Hungrig.se

Delivery Hero has bought another competitor in Europe. This time it’s Swedish food delivery service Hungrig.se. As a result, the German company is now active with three different brands in Sweden. Continue reading

iDeal of Sweden expands to 30 new markets

iDeal of Sweden expands to 30 new markets

iDeal of Sweden is expecting to double its revenue this year and is now investing heavily in its ecommerce operations. The smartphone accessories retailer has move to a new ecommerce platform and is ready to open business in over 30 new markets. Continue reading

Zalando opens fulfillment center in Sweden

Zalando opens fulfillment center in Sweden

Zalando has opened a new fulfillment center in Sweden. In Brunna, near Stockholm, the online fashion player has opened a fulfillment center that’s approximately 30,000 square meters big and gives place to around 500 employees as well as 50 autonomous mobile robots. Continue reading

Shopify acquires Tictail

Shopify acquires Tictail

Ecommerce software provider Shopify has acquired the Swedish startup Tictail. The news was confirmed when merchants using Tictail tried to log in and got a message about the ecommerce platform joining Shopify. Continue reading

Chiquelle sends customs free to Norway

Chiquelle sends customs free to Norway

Online fashion retailer Chiquelle will soon send items customs free to its customers in Norway. The Swedish company was already active in its neighboring country, but until now Norwegian customers needed to pay a customs processing fee. Continue reading

Zalon expands to Sweden

Zalon expands to Sweden

Zalando, the personal styling service of Zalando, has expanded to Sweden. The company has also made a French version of its service available to its customers in Belgium and Switzerland. Zalon by Zalando is now available in six markets across Europe. Continue reading

Swedish ecommerce platform Centra wants to expand

Swedish ecommerce platform Centra wants to expand

Centra, an ecommerce software provider from Sweden, is ready to conquer the international market. The company, which focuses on online retailers active in the fashion and lifestyle industry, has not made any marketing efforts to date, but is now recruiting marketing, sales and support people to meet the increased demand and to grow internationally. Continue reading