Ecommerce News

The United Kingdom

Olsam acquires aggregator MarketFleet

Olsam acquires aggregator MarketFleet
British startup Olsam, an ecommerce aggregator, has acquired US-based competitor MarketFleet. It's the second time that the company acquires another aggregator, after its acquisition of Flywheel Commerce in November last year. The company hopes to consolidate the market with this move.
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eTail Europe returns for in-person event

eTail Europe returns for in-person event
Due to the outbreak of the coronavirus, eTail Europe had to be postponed for 18 months. This month it is returning for a two-day in-person event on April 25 and 26. So far, the organizers expect thousands of retailers to attend, visiting the keynote presentations and panel discussions.
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Made.com loss of €37.8 million in 2021

Made.com loss of €37.8 million in 2021
Online furniture retailer Made.com has shared its full year results for 2021. The cross-border seller reports a loss before tax of 37.8 million euros. This is a further decline of 18.8 million euros when compared to the year before. According to the company, this is a result of global supply chain challenges and inflation.
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Just Eat Takeaway on Order with Google

Just Eat Takeaway on Order with Google
Dutch-British meal delivery company Just Eat Takeaway is now available on Order with Google within the UK. Consumers can now place an order directly through Google Search and Maps. Just Eat Takeaway says that restaurants will reach new customers and grow their revenue.
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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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