Scurri, a delivery management platform from Ireland, has secured 9 million euros in a new funding round. The software provider wants to use the money to accelerate its growth in the United Kingdom.
The United Kingdom
Logistics company Whistl has announced it will open three new fulfillment sites in the United Kingdom. To accelerate its expansion into online fulfillment, Whistl opens depots in Lutterworth, Northampton and Plymouth.
UTP Group, a UK payment solution company, now offers its ecommerce customers the ability to receive fund settlement within hours instead of days. It claims to be the first to offer same-day funding online and in stores.
UK online florist Bloom & Wild has acquired Bloomon, its competitor from the Netherlands. Both companies will continue operating under their respective brand names. With the acquisition, the new group will be active in eight countries across Europe.
Online electrical retailer AO has reported a strong year of growth. In the year to 31 March, the UK company saw its revenue increase by 62 percent to 1.66 billion pounds (1.91 billion euros). AO also attracted over 2 million new customers in the year.
Lightspeed has announced the launch of Lightspeed Payments in Europe. At first, this payment solution will only available for hospitality merchants in the United Kingdom. Soon it will be available for retailers. Other European markets will also follow soon.
Parcel locker provider InPost has launched a returns solution that wants to simplify the process of returning items that were bought online. Customers no longer need to use or print labels, instead they use a QR code on their smartphone.
Ecommerce is, of course, very popular now the physical stores are closed in many countries across Europe. But online-only retailers seem to really reap the rewards of having a strong digital infrastructure. In the UK, online-only retailers are now the number-one purchasing channel for fashion shoppers.
Gorillas, a delivery startup from Germany, has launched its services in London. The company offers a full range of groceries from its own distribution hubs within 10 minutes. The UK is the third market in Europe where Gorillas is active.
ZigZag Global, a returns management platform from the United Kingdom, announced it has been acquired by Global Blue, a tourism shopping tax refund company, headquartered in Switzerland. ZigZag’s solutions will be cross-sold into Global Blue’s extensive merchant network.
Facebook Shops, a place for discovering business and searching for products in the Facebook app, is rolling out to users in the United Kingdom. It marks the first European market where the Facebook feature is available.
Online fashion marketplace Secret Sales has seen its month-on-month revenue increase by 4,000 during the Covid-19 pandemic. At the beginning of the outbreak, the UK company transformed from a flash sales outlet into a premium ecommerce marketplace.
Dutch payment fintech unicorn Mollie has entered the United Kingdom. Here it will support British merchants who are looking to grow into Europe. The payment service provider has enhanced its services available to UK companies who can incorporate several EU payment methods into their online stores.
Online shoppers in the United Kingdom are sitting on 2.4 billion pounds (2.74 billion euros) of unreturned goods they have purchased through the internet. Returning these items has become harder with the lockdown restrictions in place.
The Treasury, the UK’s economic and finance ministry, is exploring options for an online sales tax. With this measure, it wants to shift the balance between spending online and in physical stores. British high streets are currently struggling due to the Covid-19 pandemic.