Swiss retail company Coop will be the total owner of online marketplace Siroop with effect from the first of May. On that day, the major retail and wholesale company will acquire the 50 percent share package of Swisscom. Coop and Swisscom jointly launched Siroop in 2016.
The business-to-consumer ecommerce turnover of Switzerland grew by 8.7 percent last year and was worth 6.25 billion Swiss francs, or 5.27 billion euros. This year, a growth rate of 10 percent is predicted, which would mean ecommerce in Switzerland will be worth just below 7 billion euros.
Swiss supermarket chain Migros has launched a new social shopping platform, called Amigos. Through this platform, Migros’ customers get connected with people who like to receive packages and earn some money by bringing the products to the original customer.
Deutsche Post DHL Group has opened a new fulfillment center in the United Kingdom. In the English town of Radlett, an area of about 6,500 square meters offers same-day processing for the Greater London area. DHL already operates a similar fulfillment center in Germany and is now working to open such centers in the Netherlands, Poland and Switzerland.
Swiss Post has acquired the Swiss startup Notime, which provides bicycle courier services. The acquisition should help Swiss Post with gaining more ground in the fast-growing market of same-day deliveries and fast, flexible deliveries in urban areas.
Ecommerce in Switzerland has increased by 10 percent in 2017. The online turnover generated in Switzerland with B2C and C2C sales of products, so no services included, was worth 8.6 billion Swiss francs, which corresponds to 7.4 billion euros.
The entry of Amazon into the Swish ecommerce market seems imminent. The American ecommerce giant has signed a cooperation agreement with Swiss Post, which means the postal agency will carry out customs clearance for Amazon in the near future.