Switzerland

Siroop will cease to exist. The Swiss online marketplace was acquired by co-owner Coop last month, but the retail company has now confirmed it will pull the plug on Siroop at the end of this year.

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.

Switzerland is a very interesting market for online retailers looking to expand their ecommerce business. It's an wealthy and online savvy market, while Swiss consumers love to buy from international online stores. But there are many things you should know when you want to export to Switzerland.

In the near future, business customers and consumers from Swiss Post can benefit from a new service, which will roll out nationwide. Swiss Post will offer the ability to deliver parcels within four different time slots.

Strelsson, Switzerland's biggest menswear manufacturer, opened an online shop where consumers won't need to pay money to get a fashion item. In order to be the owner of a trench coat or pair of jeans, consumers need to collect a certain amount of Facebook likes on a shared post.

Zur Rose Group, one of the leading pure play online pharmacies in Europe, has launched its initial public offering. The company wants to use the funds raised primarily to accelerate its growth strategy and to further expand its position as pure play ecommerce pharmacy in Europe.

Sporting goods retailer Intersport is far behind the online competition, with ecommerce accounting for just one percent of its total turnover. The new CEO, Victor Duran, wants to change this by offering more attractive online stores.

The online store Galaxus.ch has been honored as the ecommerce champion of 2017 in Switzerland. The online shop of Digitec Galaxus AG received the most important Swiss E-Commerce Award during the sixth edition of this award show.

The Swiss company TeleRetail has developed a delivery robot that is designed to cover long distances up to about 80 kilometers. The robot, which is still a prototype, could be used for suburban and rural deliveries.