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Sweden

Swedish Wish customers will get their orders faster

Swedish Wish customers will get their orders faster

Swedish postal service PostNord has signed a deal with Wish, so customers will no longer have to pay VAT or handling fees upon the arrival of parcels to Sweden. Instead, shoppers will now be charged VAT at the point of purchase. As a result, Swedish customers will get their order faster than before.

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PayPal acquires iZettle

PayPal acquires iZettle

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.

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Mister Spex brings partner optician program to Sweden

Mister Spex brings partner optician program to Sweden

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.

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Mobile accounts for 64% of Swedish ecommerce traffic

Mobile accounts for 64% of Swedish ecommerce traffic

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.

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Shopping online from China becomes expensive in Sweden

Shopping online from China becomes expensive in 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.

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Swedish ecommerce startup NA-KD raises €37 million

Swedish ecommerce startup NA-KD raises €37 million

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.

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‘Amazon launches in Sweden within 12 months’

‘Amazon launches in Sweden within 12 months’

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."

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