Ecommerce News

Vinted launches logistics arm Vinted Go

Thu, 23 Jun 2022 14:25:34 +0200

Vinted, the secondhand fashion marketplace, is launching its own logistics company: Vinted Go. The service will have its own parcel lockers in and around Paris. Additionally, its online shipping platform can be used by other companies.

Wehkamp turnover 782,7 million euros last year

Thu, 23 Jun 2022 12:27:00 +0200

Wehkamp, the Dutch online department store, made 782,7 million euros in turnover in 2021. That is 7 percent more than the year before. The retailer maintained its revenue, even though online shopping is returning to pre-pandemic levels.

Ocado raises 670 million euros

Wed, 22 Jun 2022 13:56:36 +0200

British online supermarket Ocado has raised 670 million euros (578 million pounds). With the money, the company wants to expand further in order to become the top provider for automated grocery fulfilment.

Dutch and German stores close customer support too early

Tue, 21 Jun 2022 11:57:18 +0200

Over 40 percent of online stores close customer care after 5 pm, according to surveys in Germany and the Netherlands. Almost half of German shops are not reachable at night. However, the evenings are a peak time for online shoppers.

Wakuli secures funding

Mon, 20 Jun 2022 15:06:38 +0200

Dutch online specialty coffee seller Wakuli has secured funding from investors. The size of the investment was not disclosed. Wakuli will use the capital injection for product innovation and expansion in Germany and Belgium.

Night work no longer prohibited in Belgium

Mon, 20 Jun 2022 11:50:36 +0200

Working between 20:00 and midnight will no longer be prohibited in Belgium. After months of negotiating about night work, the government has reached an agreement. It seems that Belgian ecommerce can finally start catching up.

Amazon to launch in Belgium

Fri, 17 Jun 2022 13:50:38 +0200

Ecommerce giant Amazon is launching in Belgium, with Amazon Belgium. The marketplace is said to launch in September. Earlier this year, the company announced plans of opening a logistics center in the country.

Lemonero raises over 10 million euros

Thu, 16 Jun 2022 13:47:13 +0200

Lemonero, an ecommerce lending startup from Czech Republic, has raised over 10 million euros in seed capital. With the funds, the company wants to expand into several European countries. Lemonero currently works with hundreds of online stores in Eastern Europe.

Huboo to launch in Germany

Wed, 15 Jun 2022 12:11:59 +0200

Ecommerce fulfillment company Huboo is planning to launch in Germany. The expansion follows a launch in the Netherlands last year. The company was founded in the UK and is also active in Spain.

French startup JUST raises €3 million

Tue, 14 Jun 2022 11:56:40 +0200

Startup JUST, which enables a one-click checkout for online stores, raised 3 million euros in seed capital. The solution can increase conversion by nearly 20 percent, according to the company. The one-click checkout landscape is highly competitive.

Berlin Brands Group fires ten percent of staff

Fri, 10 Jun 2022 14:44:42 +0200

Berlin Brands Group, who became an unicorn last year, has to let go ten percent of it’s staff. In total the German aggregator will fire about a hundred employees. Where ecommerce has grown exponentially during the pandemic, the growth now is slowing down. Instead of aggresive growth, Berlin Brands Group will focus on profitability.

Instant Commerce raises €2 million

Thu, 09 Jun 2022 14:48:11 +0200

Instant Commerce, a Dutch ecommerce software startup, has raised 2 million euros in seed capital. With the investment, the company wants to double its employees. Instant Commerce also wants to increase brand awareness in Europe.

Amazon launches Luxury Stores in Europe

Wed, 08 Jun 2022 16:09:30 +0200

Amazon Fashion Luxury Stores is launching in 5 countries in Europe. The ecommerce giant will offer 8 brands at launch, planning to add more in the future. But the competition for luxury fashion retail in Europe is fierce.

Winners Dutch Shopping Awards 2022

Wed, 08 Jun 2022 12:17:44 +0200

Kaartje2go was named ‘DHL Best Online Store 2022’ at the annual Dutch Shopping Awards. The shop, which sells personalized postcards, also took first place in the ‘Gifts’ category. Interior design e-tailer Naduvi was named the fastest growing Dutch ecommerce business.

Clearco launches in Germany with €500m

Tue, 07 Jun 2022 11:24:49 +0200

Clearco, an ecommerce investor from Canada, has launched in Germany. The firm pledges 500 million euros to German online businesses. Just three months ago, Clearco set foot in Ireland, where it recently had staff layoffs.

Wonnda launches product sourcing platform

Thu, 02 Jun 2022 13:50:04 +0200

Wonnda, a Berlin-based startup, has launched its online product sourcing platform. Sellers can now use the beta-version. The service offers over a thousand products from European manufacturers in 6 categories.

Missguided acquired by Frasers Group

Wed, 01 Jun 2022 10:56:34 +0200

British Frasers Group has bought Missguided, after the online fashion retailer collapsed into administration last Monday. The retail group has acquired Missguided for 23.5 million euros. The fashion retailer is planned to continue operating as a standalone business.

Trendyol enters Europe with German launch

Tue, 31 May 2022 12:05:53 +0200

Trendyol, the ecommerce platform from Turkey, is launching in Germany. It marks the first market outside of Turkey as well as Trendyol’s entry into Europe. The platform also has plans to launch in the Netherlands, Luxembourg and London by next year.

Aggregator RubiBrands raises €21.4 million

Mon, 30 May 2022 14:06:05 +0200

Ecommerce aggregator RubiBrands has raised 21.35 million euros in a seed round. It is the first ecommerce aggregator to launch in Turkey. The company will use the capital injection to increase acquisitions.

Klarna raises funds at 30% lower valuation

Wed, 25 May 2022 11:57:04 +0200

Swedish fintech Klarna wants to raise 1 billion dollars (over 900 billion euros) from investors. The company is the European market leader for ‘buy now, pay later’ services. However, it has been valued 30 percent lower and has since announced layoffs.