Ecommerce News

Home24 marketplace expands into Europe

Thu, 22 Sep 2022 15:17:48 +0200

Furniture and houseware retailer Home24 is expanding its marketplace to more European countries. The platform for third-party sellers launched in Germany this summer. By the end of 2022, it will enter Austria, France and Switzerland.

Instant Commerce raises 5.4 million euros

Thu, 22 Sep 2022 10:55:22 +0200

Ecommerce software startup Instant Commerce has raised 5.4 million euros in seed capital. The Amsterdam-based company will use the money to expand in Europe and the United States. Instant Commerce has raised 7.5 million euros to date.

Amazon holds off on new logistics warehouses in Spain

Tue, 20 Sep 2022 11:44:34 +0200

Ecommerce giant Amazon is not opening new logistics warehouses in Spain until 2024. The company was planning to build on land of around 150,000 square meters in the country, but is now pausing those plans. The pause is caused by inflation and drop in consumer demand.

Startup Garvis raises 3.5 million euros

Tue, 20 Sep 2022 11:14:18 +0200

Belgian software startup Garvis has raised 3.5 million euros. The company uses Artificial Intelligence (AI) to predict stock levels. Garvis will use the funds to develop its platform and accelerate international expansion.

Instabox and Budbee merge

Mon, 19 Sep 2022 10:37:37 +0200

Swedish parcel delivery services Instabox and Budbee are announcing a merger. Together, they will continue under a new holding: Instabee. The new company is valued at 1.7 billion euros.

CartBoss installed in 4,000 shops

Fri, 16 Sep 2022 13:40:06 +0200

Slovenian startup CartBoss, which offers automated abandoned cart text messages to online stores, is now installed in over 4,000 online shops. The company is a year and a half old, but already has over 500 customers. With new features coming out this year, it expects to continue growing its customer base.

Ukranian government launches Made with Bravery

Thu, 15 Sep 2022 16:06:07 +0200

The Ukranian government has launched an online marketplace called Made with Bravery. Brands and makers from the Ukraine can sell their products on the platform. Of every purchase, 5 percent is donated to the United24 platform, which collects donations to help rebuild the country.

Shopify launches new localisation tool

Thu, 15 Sep 2022 15:02:37 +0200

Leading ecommerce platform Shopify is launching Translate & Adapt. The tool, which works with Shopify Markets, offers localisation for merchants looking to expand to new markets. The new application is available worldwide as of this week.

Online fashion market worth €175 billion in 2025

Thu, 15 Sep 2022 13:41:06 +0200

The European online fashion retail market is set to grow 50 percent by 2025. The online turnover of this market will reach 175 billion euros, which equals 33 percent of the retail branch’s total. Cross-border marketplaces are the biggest drivers behind these growth.

Over 50% of shoppers will wait longer for sustainable order

Wed, 14 Sep 2022 10:02:33 +0200

Over half of online shoppers are prepared to wait longer for a parcel if it is from a sustainable shop. Still, only 1 in 5 customers are prepared to pay extra for eco-friendly delivery. Consumers are most worried about the environment when shopping for groceries and fashion.

Polish online B2B market worth €767 billion in 2021

Tue, 13 Sep 2022 13:50:49 +0200

Online B2B transactions in Poland were worth more than 767 billion euros in 2021. This is an average year on year growth of 8.4 percent, when compared to the total value in 2016 of 555.3 billion euros. Between 2016 and 2021, the market has grown 41.8 percent.

Rise in fake online stores selling firewood

Mon, 12 Sep 2022 15:30:29 +0200

The Dutch National Hotline for Internet Scams is warning consumers about new fake online stores, claiming to sell firewood and wood burning stoves. With energy prices rising all across Europe, the department expects more of these online shopping scams.

Amazon acquires mechatronics specialist Cloostermans

Mon, 12 Sep 2022 11:39:22 +0200

Ecommerce giant Amazon has acquired Belgian mechatronics specialist Cloostermans. It is unclear what amount was involved in the deal. Amazon will scale up its robotics operations with Cloostermans’ technology.

Around 530 million parcels were returned in Germany

Fri, 09 Sep 2022 14:57:02 +0200

Last year, one out of four packages were returned in Germany. This comes to an estimate of 530 million parcels, with 1.3 billion items. Returning goods is part of consumer protection. On the other hand, the amount of returns brings high costs for sellers, as well as a large carbon footprint.

PHH Group gives out loans with SME Finance

Fri, 09 Sep 2022 10:36:16 +0200

The operator behind Pigu and Hobby Hall Group (PHH Group), well-known marketplaces in the Baltics, has partnered with SME Finance. Together, they are launching collateral-free revenue-based financing (RBF) to marketplace sellers. Merchants can get access to financing within the same-day of their request.

16% of products online out-of-stock

Thu, 08 Sep 2022 17:07:08 +0200

In online shops, 16 percent of products are out-of-stock. The United Kingdom and the Netherlands have the best product availability. Google Shopping, Facebook Product Ads and Amazon are the top three advertising channels for ecommerce sellers worldwide.

Dutch retail loses revenue from seniors

Wed, 07 Sep 2022 14:28:42 +0200

Even though the population in the Netherlands continues aging, retailers are hardly profiting from it. On the contrary, it will cost Dutch sellers 2 percent in revenue by 2032. Therefore merchants should focus more on the elderly, researchers say.

eBay Germany starts loans with Iwoca

Wed, 07 Sep 2022 12:05:00 +0200

eBay Germany is launching a financing solution with online loan provider Iwoca. The loan service is called eBay Flexi-Kapital by Iwoca. Sellers on the marketplace will get access to funds within 24 hours after their request.

Metapack partners with bike courier Zedify

Tue, 06 Sep 2022 12:05:11 +0200

Leading delivery platform Metapack is partnering with last mile startup Zedify in the United Kingdom. Zedify is known for its bicycle courier network. The company offers same day and next day delivery.

New Returns launches in France

Tue, 30 Aug 2022 15:43:40 +0200

Dutch platform for returned goods New Returns, active in the Netherlands as 2dekansje.com, is expanding internationally for the second time in one year. It is launching in France with a different trade name, 2echoix.fr. The launch follows an earlier German launch with bwareshop.de in March.