Payments platform VibePay has opened up its APIs for bank-to-bank payments and subscription payments, making payments available for retailers, businesses and SMEs. The move comes after the UK-based company secured about 1.4 million euros in funding.
The United Kingdom - archive
Ecommerce in the United Kingdom is expected to be worth 222.5 billion euros at the end of this year. That would mean an increase of almost 11 percent compared to the situation last year, when the b2c ecommerce turnover was worth just over 200 billion euros.
Online retailers in the United Kingdom have been delivering parcels almost 20 percent faster than usual. And all this at a time when there is an increase in online orders now the coronavirus Covid-19 is dominating the ecommerce industry.
James and James Fulfilment has secured an 11 million pound investment (12.1 million euros) from private equity investor LDC. With the money, the British ecommerce fulfilment company wants to further improve its software services and operating infrastructure.
Loop, a sustainable ecommerce service, will launch in the United Kingdom later this month. The service, which puts products in containers that are designed to be reused, will be made available to 5,000 early adopters from 26 March.
Ecommerce in the United Kingdom is still booming, with last year’s sales up 11 percent on 2018. This growth is also driving the delivery business. But what is the current state of the UK ecommerce delivery market?
eBay will introduce its managed payments experience in the United Kingdom, making this the third market to offer the new payments experience, after the US and Germany. The service offers buyers flexibility and choice in payment methods, while giving sellers a better way to manage their businesses.
Which online and multichannel retailers are leading the way in the United Kingdom? Every year, Internet Retailing publishes the UK Top500, which features the best-performing online shops in the UK.
Abel & Cole, an organic food delivery service from the United Kingdom, has introduced Club Zero. This is a new service, claimed to be the first of its kind in the UK, which delivers groceries to consumers in returnable, refillable packaging. No more single-use packaging.
Ecommerce in the United Kingdom grew 6.7 percent last year. This is an all-time low. The discouraging growth rate is especially significant when you compare it to the 11.8 percent growth rate in 2018.
Asos has started a test with See My Fit, an augmented reality tool that shows a product in different sizes and on different body types. Asos is the first retailer in Europe to test the technology.
Lidl UK is said to launch its online shop later this year. The ecommerce website won’t feature groceries, but instead it will sell wine, spirits and non-food items.
Facebook and eBay have agreed to do better in fighting fake and misleading reviews on their websites. They have made the pledge after the Competition and Markets Authority in the United Kingdom told them to address this problem.
Sorted, a delivery software startup from the United Kingdom, has reached a nice milestone. The value of goods it has shipped to date has reached the 1 billion pounds mark. All in all, it was a great year for the startup, which saw its client base increase by 200 percent.
Amazon and eBay dominate the UK ecommerce market. This year, the two ecommerce giants have a market share in the United Kingdom of 39.9 percent. Especially Amazon is way ahead of all other online retailers.