Ecommerce News

The United Kingdom

AO considers leaving Germany

AO considers leaving Germany
AO, the online electrical retailer, is considering leaving the German market. The company from the United Kingdom launched there in 2014 but is struggling due to fierce competition, increasing costs and supply chain issues.
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UK: Amazon and Barclays introduce BNPL

UK: Amazon and Barclays introduce BNPL
Amazon customers from the United Kingdom can now pay later for their orders through a partnership with Barclays, the British bank. The new payment service called ‘Instalments’ was already introduced in Germany last year. ‘Buy now, pay later’ is becoming increasingly popular in Europe.
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OnBuy anticipates IPO

OnBuy anticipates IPO
Major marketplace from the United Kingdom, OnBuy, announced that it will reward its entire workforce with over 1 million euros in share options this month. The news follows the announcement of an anticipated IPO and international expansion.
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Amazon stops accepting Visa credit cards in UK

Amazon stops accepting Visa credit cards in UK
The ecommerce giant Amazon is planning to stop accepting payments made with Visa credit cards in the UK, starting next year. Customers are being encouraged to change their default payment method. "We're very disappointed that Amazon is threatening to restrict consumer choice", said Visa.
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57% of online stores in the UK scrape data

57% of online stores in the UK scrape data
Due to the fast growth of ecommerce within the UK, many ecommerce companies have seen their data needs increase. Now, 57 percent of retail and ecommerce companies are scraping external public web data. External data can help their marketing and implement effective pricing strategies.
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Printful opens fulfilment center in the UK

Printful opens fulfilment center in the UK
Printful, a printing and fulfilment service from Latvia, is opening a fulfilment center in the United Kingdom. The branch will be operational by the end of this year. The company also has plans for a new facility in Poland, amounting to a total of five European branches.
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Marketplace startup Boulevard closes 2.5 million

Marketplace startup Boulevard closes 2.5 million
British marketplace seller and tech startup Boulevard has raised 2.5 million euros in seed capital. The company, only having started their supply chain services last year, will use the funds to diversify and further develop their in-house software. The investment comes at a time when marketplaces continue to thrive in a post-pandemic landscape.
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