Top 2021 resources on euros

Best euros resource in 2021.
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• 23% of ecommerce in Europe is cross-border - The online cross-border market in Europe represented a turnover of 95 billion euros in 2018. This corresponds to a cross-border share of total online sales in Europe of 22.8 percent. Within these countries, 36 billion euros is generated by the top 500 cross-border ecommerce companies. These are the main conclusions… Continue reading
  Topics: euros, retail, online, omnichannel, billion, crossborder, retailers, europe, generated, ecommerce.
• 4 European countries in top 10 online grocery markets by 2023 - Ten leading global online grocery markets are predicted to generate combined sales of almost 200 billion euros, at an annual rate of 20 percent, by 2023. And four of them are from Europe. The United Kingdom, France, Germany and Spain are predicted to have the highest online grocery market sizes Continue reading
  Topics: predicted, online, grow, growth, markets, worth, share, grocery, billion, countries, euros, european, market.
• 40% of Swedes don’t want to pay for same-day-delivery - Same-day-delivery is an increasingly popular method of delivery for online orders. But such a service costs money, of course. In Sweden, it seems that four in ten consumers don’t want to pay a thing for same-day-delivery. A recent study, conducted by YouGov, among over 1,000 respondents from Sweden shows this… Continue reading
  Topics: aged, willing, data, samedaydelivery, euros, sek, respondents, younger, age, swedes, sweden, pay, dont.
• AO closes its Netherlands operation - UK online electricals retailer AO announced today that it will close its Netherlands operation. The exit from the Netherlands enables the retailer to focus more on its German business, soon the only operation outside of the United Kingdom. In February 2016, AO opened its digital doors in the Netherlands. But… Continue reading
  Topics: euros, united, retailer, ao, closes, german, sure, million, operation, business, netherlands.
• Adyen alums launch card payments platform Silverflow - Silverflow, a new platform that connects to card networks, has announced a 2.6 million euros seed funding round. With this, the Amsterdam-based company that is founded by Adyen alums has now raised 3 million euros in total funding. The funding round was led by UK-based Crane Venture Partners with participation… Continue reading
  Topics: payments, infrastructure, euros, technology, card, alums, payment, silverflow, processing, founded, platform, adyen, launch.
• Albert Heijn enters top 3 Dutch ecommerce - Supermarket Albert Heijn has entered the top 3 of biggest ecommerce players in the Netherlands. The Ahold-owned company achieved online sales of 565 million euros last year, which is more than Zalando did in the Netherlands. Only Bol.com (also owned by Ahold) and Coolblue had bigger revenues. Bol.com is the… Continue reading
  Topics: heijn, biggest, million, online, enters, ecommerce, netherlands, billion, euros, dutch, albert, coolblue.
• Aldi launches two-hour delivery in London - Aldi has rolled out two-hour delivery for its entire range of groceries to 20,000 postcodes across London. It’s the first time the German grocery discounter enables customers to order groceries online and then get them delivered at their homes. Aldi won’t handle the delivery all by itself. It has partnered Continue reading
  Topics: twohour, isnt, aldi, groceries, prices, grocery, london, launches, euros, online, delivery, tesco.
• Amazon Business Prime launched in Spain - Amazon Business Prime has launched in Spain, the fourth market in Europe where this premium service can now be used by businesses. With Amazon Business Prime, customers can get unlimited free delivery in one business day, as well as delivery on the same evening. In 2017, Germany was the first… Continue reading
  Topics: business, spain, webinar, businesses, service, launched, customers, amazon, euros, prime.
• Amazon enters Austrian retail top 10 for first time - For the first time, Amazon has entered the top 10 of the biggest retailers in Austria. The country’s retail trade association, Handelsverband Österreich, has compiled a new list of the top 100 retailers in Austria and after ending in eleventh place last year, Amazon now ranks ninth. Handelsverband Österreich releases… Continue reading
  Topics: list, retail, enters, turnover, million, retailers, billion, total, euros, amazon, austrian.
• Amazon.nl open for external vendors - Amazon has officially announced it will launch an online store in the Netherlands. That’s why it is now opening its doors to external vendors. Both Dutch and foreign sellers can now register if they want to sell their products on Amazon.nl. In October of last year, word got out that… Continue reading
  Topics: started, external, vendors, dutch, amazon, sold, euros, amazonnl, open, netherlands, sell, sellers.
• An Post sees revenue increase to €897 million - An Post, the state-owned postal company of Ireland, has reported a jump in revenue last year. The company’s sales increased by almost 7 percent to 897 million euros. Although there was a predictable decline in its traditional mail business, the company’s parcel volumes grew further. The parcel volumes of An… Continue reading
  Topics: increased, ireland, increase, post, euros, volumes, parcel, million, grew, sees, revenue.
• Austrian startup Refurbed raises €15.6 million - Refurbed, an Austrian startup that sells repaired electrical appliances, has raised 15.6 million euros. It’s one of the highest investments in the Austrian start-up industry. Through an online marketplace, Refurbed sells refurbished electrical devices that look and work like new, but are sold for a price that normally comes with… Continue reading
  Topics: euros, million, refurbed, money, highest, austrian, products, raises, investments, startup, company.
• Beauty startup Goodiebox from Denmark raises €5.7 million - Goodiebox, a beauty box subscription service from Denmark, has raised 5.7 million euros in a Series A funding round. Among the investors are new and existing parties, including InQvation and the Danish Growth Fund. The beauty-tech startup says it wants to use the new investment money to grow further in… Continue reading
  Topics: subscription, markets, denmark, company, total, goodiebox, europe, million, raises, startup, euros, beauty, subscribers.
• Boohoo sees revenue increase by 44% - Online fashion retailer Boohoo saw its revenue increase by 44 percent to over 1.4 billion euros last year. There was strong revenue growth across all regions, with international revenue now accounting for 45 percent of the group’s total sales. Last year, the international revenue made up for 43 percent, so… Continue reading
  Topics: saw, increase, end, strong, growth, million, revenue, boohoo, sales, sees, euros.
• Checkout.com raises 206 million euros - Checkout.com, a London-based provider of online payment solutions has raised 230 million dollar (206 million euros). It’s Europe’s largest fintech Series A round ever. It’s the first time the payment solutions provider is taking funding from outside investors. The funding round was led by Insight Partners and DST Global, while… Continue reading
  Topics: euros, payment, services, checkoutcom, round, payments, million, raises, wants, partners, financial, online.
• Checkout.com raises 370 million euros - London fintech company Checkout.com has raised 450 million dollars (370 million euros) in a Series C round. The company is now valuated at over 12 billion euros and is looking to expand its business further abroad. The company, with its headquarters in the United Kingdom, says it’s now the most… Continue reading
  Topics: fintech, euros, raises, checkoutcom, company, million, payments, payment, round, raised, series.
• Coolblue’s revenue grows to 1.35 billion euros - Dutch omnichannel retailer has generated revenues worth 1.35 billion euros last year. That’s an increase of 160 million compared to the situation in 2017. According to Coolblue, this growth is partly due to the introduction of an English and French website and app. Last year, Coolblue achieved a turnover of… Continue reading
  Topics: company, euros, coolblue, profitability, started, billion, grows, revenue, app, guide, million, coolblues.
• Coop’s ecommerce sales grow 16.3% - The Coop Group generated sales of 28.9 billion euros in 2019, with ecommerce sales increasing by 16.3 percent. The profit of the Swiss retail and wholesale company amounted to almost 500 million euros. “Coop still on track for success”. That’s the title of the Swiss group’s press release with figures… Continue reading
  Topics: million, group, grow, retail, online, swiss, coops, supermarket, euros, ecommerce, billion, growth, sales.
• DIY-startup ManoMano aims for Germany - ManoMano, a startup from France selling DIY, home improvement and gardening products, raised 125 million euros earlier this year and is ready to conquer Europe. Now it has set its sights on Germany, which has a market that’s dominated by Amazon, while big home improvement retailers are late to the… Continue reading
  Topics: euros, manomano, million, merchants, diystartup, aims, products, business, germany, market, improvement, retailers.
• Delivery startup Paack raises €44 million - Spain-based parcel platform Paack has raised 44 million euros. Practically all of it has been invested by British private equity fund Bregal Milestone, who led the Series C investment round. With the millions of euros, Paack wants to turbocharge its growth and expand its coverage across Europe. Paack is a… Continue reading
  Topics: million, packages, startup, delivery, paack, platform, raised, round, raises, euros.
• Dutch ecommerce top remains unchanged - The six biggest online stores in the Netherlands in 2019 are still the same six as in the year before. Bol.com remains the biggest ecommerce player, with a revenue of 2.17 billion euros. It’s followed by fellow Dutch companies Coolblue and Albert Heijn. Every year, Dutch magazine Twinkle ranks the… Continue reading
  Topics: billion, euros, unchanged, million, ecommerce, remains, bolcom, dutch, netherlands, stores, companies, online.
• Dutch payment service provider Mollie raises €90 million - Mollie, a payments startup from the Netherlands, has raised 90 million euros in a Series B round led by TCV. The payment service provider is now valuated at over 1 billion dollars, making it a unicorn. It’s not the first time Mollie has raised money. Earlier this year it raised… Continue reading
  Topics: purely, raises, service, mollie, tcv, payment, million, dutch, represents, raised, provider, volume, euros.
• Ecommerce Belgium: €11.46 billion in 2019 - Belgian ecommerce broke all national records in 2019. Last year, Belgian online shoppers spent 11.46 billion euros, which is 900 million euros more than during the year before. Belgians shopped, on average, 13.4 times online, which led to a total of 112.9 million online purchases. First: earlier this month, we… Continue reading
  Topics: spent, online, spending, grew, belgium, ecommerce, euros, retail, quarter, billion, belgian.
• Ecommerce Belgium: €8.2 billion in 2019 - Online stores in Belgium have generated a total turnover of 8.2 billion euros in 2019. This is an increase of 17 percent compared to the situation one year before. One out of every four euros generated by Belgian online shops came from foreign shoppers. Things are looking well for the… Continue reading
  Topics: belgium, shops, shows, ecommerce, cards, stores, billion, euros, number, online, belgian.
• Ecommerce France was worth €92.6 billion in 2018 - Even though the “Yellow Vest” protests in the last two months of 2018 took their toll, ecommerce in France has managed to increase by 13.4 percent last year. The online retail industry of France was worth 92.6 billion euros at the end of last year. These figures were shared by… Continue reading
  Topics: decline, ecommerce, euros, online, france, worth, websites, billion, increase, compared.
• Ecommerce in Austria was worth €7.3 billion in 2018 - Ecommerce in Austria was worth 7.3 billion euros in 2018. Most of the money that Austrian consumers spent online went to foreign online retailers, although 3.3 billion euros still went to domestic ecommerce companies. These numbers come from the Austrian Institute for SME Research [pdf], which has carried out a… Continue reading
  Topics: billion, ecommerce, tripled, euros, austrian, foreign, retailers, went, online, worth, austria.
• Ecommerce in Denmark to be worth €19.5 billion in 2019 - Ecommerce in Denmark is expected to be worth 19.5 billion euros at the end of this year. Last year, the Danish online retail industry was worth 17.3 billion euros and now a 12.72 percent growth is expected. Ecommerce in Denmark is growing with double figures for the last couple of… Continue reading
  Topics: expected, ecommerce, increase, shows, online, euros, denmark, popular, worth, billion.
• Ecommerce in Europe: €621 billion in 2019 - Ecommerce in Europe is forecasted to be worth 621 billion euros by the end of 2019. This would mean an increase of 13.6 percent compared to the situation last year, when ecommerce was worth 547 billion euros. The prediction comes from the latest Ecommerce Foundation report on ecommerce in Europe.… Continue reading
  Topics: online, ecommerce, comes, denmark, penetration, internet, euros, billion, europe, consumers.
• Ecommerce in France will reach 104 billion euros in 2019 - The turnover of business-to-consumer ecommerce in France is expected to reach 104.2 billion euros at the end of 2019. This would mean an increase of 12.5 percent compared to the situation last year, when ecommerce in France was worth 92.6 billion euros. This is one of many findings from the… Continue reading
  Topics: billion, shoppers, french, ecommerce, million, euros, store, online, france, shopped, reach.
• Ecommerce in France will reach 115.2 billion euros in 2020 - The turnover of business-to-consumer ecommerce in France is expected to be worth 115.2 billion euros at the end of this year. This would mean an increase of 11.4 percent compared to the situation last year, when ecommerce in France was worth 103.4 billion euros. The expected percentage change is slowly… Continue reading
  Topics: online, users, france, popular, percentage, ecommerce, share, french, internet, euros, billion, reach.
• Ecommerce in Germany is growing slower than expected - Ecommerce in Germany was growing slower than expected last year. Still, it’s especially the fashion shops that are losing sales to online retailers. But German trade association HDE still believes in local purchasing. Ecommerce in Germany grew 9.1% in 2018 Handelsverbands Deutschland released the latest edition of its online monitor.… Continue reading
  Topics: expected, sales, retail, fashion, germany, online, german, sectors, growing, euros, grew, ecommerce, slower.
• Ecommerce in Germany was worth €72.6 billion in 2019 - Ecommerce in Germany was worth 72.6 billion euros in 2019. This is an increase of 11.6 percent compared to the situation one year before. The growth of the German online retail industry is thanks to shoppers ordering several times a week and a significantly increase order volume through mobile devices.… Continue reading
  Topics: online, ecommerce, satisfied, german, worth, billion, growth, euros, germany, increase.
• Ecommerce in Germany was worth €85 billion in 2017 - Last year, ecommerce in Germany managed to grow 9.5 percent compared to the situation in 2016. This has led to the online retail industry being worth 85 billion euros. It’s expected ecommerce in Germany will grow to 93 billion euros at the end of this year. And if that happens, Continue reading
  Topics: payment, methods, german, online, billion, germany, shoppers, ecommerce, purchased, euros, worth, consumers.
• Ecommerce in Hungary was worth €1.65 billion in 2017 - For the first time, the ecommerce turnover of Hungary has surpassed the psychological limit of 500 billion Hungarian forints. Ecommerce in Hungary was worth 545 billion forints, or 1.65 billion euros, last year. In 10 years time, the domestic ecommerce revenue in Hungary grew from about 140 million euros to Continue reading
  Topics: euros, hungarian, domestic, worth, ecommerce, foreign, stores, billion, turnover, hungary, online.
• Ecommerce in Hungary: €2.2 billion in 2019 - Ecommerce in Hungary was worth 781 billion Hungarian forint (2.2 billion euros) in 2019. The domestic online retail turnover saw a 17 percent increase compared to the previous year. And if the expectations are correct, ecommerce in Hungary may exceed 4.9 billion euros by 2024. The data come from a… Continue reading
  Topics: hungarians, billion, ecommerce, popular, hungary, retail, increase, payment, online, euros.
• Ecommerce in Ireland to be worth €2.2 billion in 2019 - Ecommerce in Ireland is expected to be worth 2.2 billion euros at the end of 2019. The country’s online retail industry is set to increase by 12.9 percent this year, thanks to product differentiation, a growth in the mobile market and online retailers investing in their websites. If the predicted… Continue reading
  Topics: market, growth, worth, ecommerce, euros, ireland, billion, industry, product, online.
• Ecommerce in Russia to reach 19.74 billion euros in 2019 - The online sales of physical goods in Russia is expected to reach about 19.74 billion euros at the end of this year. In 2023, ecommerce in Russia is forecast to be worth almost 45 billion euros. Ecommerce in Russia is entering an accelerated development cycle. Ecommerce in Russia is entering… Continue reading
  Topics: ecommerce, players, data, euros, russia, online, retailers, popular, reach, sales, billion.
• Ecommerce in Russia will grow 170% next five years - Ecommerce in Russia is showing an active growth. Last year, it was worth 13.7 billion euros and for this year it’s predicted to be worth 17 billion euros. And by 2023, the Russian ecommerce industry is predicted to grow to almost 46 billion euros. This would mean an increase of Continue reading
  Topics: euros, growth, stanley, russia, thrive, think, billion, online, worth, grow, ecommerce.
• Ecommerce in Spain was worth €27.96bn in 2018 - Ecommerce in Spain was worth 27.96 billion euros in 2018. That’s an increase of 17 percent compared to the previous year. For this year, a growth of about 20 percent is expected, which would mean ecommerce in Spain will be worth 33.56 billion euros at the end of 2019. This… Continue reading
  Topics: worth, consumers, used, ecommerce, 2796bn, spain, spanish, items, online, payment, euros.
• Ecommerce in Sweden grew 19% to 8.2 billion euros - Ecommerce in Sweden has showed double-digit growth last year. The online retail industry increased by 13 percent and was worth 87 billion Swedish kronor (8.24 billion euros) at the end of that year. The growth rate of Swedish ecommerce was slightly lower than it was in 2018, when the industry… Continue reading
  Topics: euros, swedish, pharmacy, online, showed, billion, sweden, growth, ecommerce, media, industry, grew, product.
• Ecommerce in Sweden to be worth €16.86 billion in 2019 - Ecommerce in Sweden is expected to be worth 16.86 billion euros at the end of this year. The Swedish business-to-consumer ecommerce turnover was worth 14.95 billion euros last year and it’s predicted this will increase by 12.8 percent. This is shown in a recent report released by the Ecommerce Foundation.… Continue reading
  Topics: worth, billion, swedes, popular, shop, followed, euros, online, delivery, ecommerce, sweden.
• Ecommerce in Sweden was worth €14.5 billion in 2017 - Ecommerce in Sweden has increased just slightly during last year and was worth 14.5 billion euros at the end of 2017. After an increase of 4.1 percent, the B2C ecommerce turnover of Sweden grew only 400,000 euros compared to the situation in 2016. This can be concluded from the latest Continue reading
  Topics: product, ecommerce, turnover, rate, sweden, euros, online, worth, billion, growth.
• Ecommerce in Switzerland: 9.77 billion euros in 2019 - Ecommerce in Switzerland was worth 9.77 billion euros last year, which means it passed the 10 billion Swiss francs mark for the first time. The Swiss online retail industry increased by 8.4 compared to the situation one year before. Ecommerce in Switzerland is relying less on sales of foreign online… Continue reading
  Topics: foreign, swiss, ecommerce, purchases, billion, came, generated, local, switzerland, euros, online.
• Ecommerce in Turkey to reach 7.59 billion euros in 2018 - Ecommerce in Turkey is growing fast. Expectations are the online retail industry of Turkey will reach 50 billion Turkish liras, currently about 7.59 billion euros, by the end of this year. Last year, the industry was worth 42.2 billion liras, or 6.4 billion euros. This means, ecommerce in Turkey is Continue reading
  Topics: growth, ecommerce, turkish, penetration, turkey, ekmekçi, industry, billion, rapidly, euros, reach.
• Ecommerce in UK to reach €200 billion in 2019 - The business-to-consumer ecommerce turnover in the United Kingdom is expected to reach over 200 billion euros at the end of this year. That would mean an increase of 14.6 percent compared to the situation last year, when ecommerce in the UK was worth almost 175 billion euros. This is shown… Continue reading
  Topics: uk, reach, share, online, euros, delivery, united, payment, method, billion, ecommerce.
• Ecommerce in UK to reach €222 billion in 2020 - 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. Last year, ecommerce in… Continue reading
  Topics: ecommerce, worth, uk, parcel, euros, popular, followed, reach, online, united, billion.
• FIS will acquire Worldpay for over 30 billion euros - Fidelity National Information Services, a major financial service technology company from the US, has announced it will acquire Worldpay for over 30 billion euros. It’s the largest deal to date in the quickly growing electronic payments industry. The fintech sector is still growing very hard. Consultants at McKinsey think that… Continue reading
  Topics: revenue, acquire, euros, billion, presence, worldpay, financial, guide, fis, payments, global.
• Fashion platform Miinto receives €12 million - Miinto, an ecommerce fashion platform from Denmark, has received over 130 million Swedish kronor (12.2 million euros) from both existing and new investors. The company announced the news together with the fact that sales increased significantly. Miinto still isn’t profitable, though. Miinto was founded in 2009 and currently operates in… Continue reading
  Topics: money, miinto, retail, platform, fashion, value, sales, million, receives, euros, great.
• Finnish startup Swappie expands in Europe - Swappie, which sells refurbished iPhones online, is expanding across Europe. Today, the Finnish startup launched its online store in Germany, the Netherlands, Ireland, and Portugal. The news about the European expansion comes simultaneously with the announcement about a capital injection. The Helsinki-based startup raised a 42.5 million euros Series B… Continue reading
  Topics: sells, europe, expands, finnish, startup, refurbishment, raised, million, ventures, online, euros, swappie, store.
• H&M increases investment in second-hand platform Sellpy - H&M continues to invest in Sellpy, an online platform for second-hand fashion. The Swedish fashion retail group started investing in Sellpy four years ago and has since then joined all investment rounds. Now, H&M has become a majority owner, with an approximate 70 percent stake in the re-commerce platform. Through… Continue reading
  Topics: platform, increases, euros, secondhand, retail, million, investing, investment, sellpy, recommerce, hm.
• In Germany, smaller online stores hardly grow - Although ecommerce in Germany continued to increase last year, the growth is increasingly shifting to the top online retailers. Smaller online stores in Germany can hardly grow anymore. This is shown by a recent EHI study. Last year, the 1,000 top-selling online stores in Germany generated revenue worth 42.8 billion Continue reading
  Topics: online, hardly, stores, smaller, shops, increase, retailers, germany, grow, euros, billion, generated.
• Inditex closes many stores, invests billions in ecommerce - Inditex, which owns eight brands including Zara and Pull&Bear, will close up to 1,200 stores. Instead, the fashion giant has unveiled a digital platform while it wants to further boost its digital transformation. The Spanish retail group expects online sales to account for over 25 percent of total sales by… Continue reading
  Topics: brands, billions, wants, offer, invests, store, smaller, ecommerce, billion, uninterrupted, inditex, closes, stores, euros, online.
• Investment for Swedish retailer Caliroots - Cristina Stenbeck, former chairman of Swedish investment company Kinnevik, has invested 18 million Swedish kronor (1.69 million euros) in Caliroots. The Swedish omnichannel retailer of sneakers and streetwear just announced it made a loss of about 3.75 million euros last year. For comparison, the loss was just about 843,000 euros… Continue reading
  Topics: product, conversions, retailer, investment, caliroots, euros, christmas, company, swedish, million.
• Irish consumers increasingly use card payments - Consumers in Ireland are rapidly increasing their usage of card payments. At the same time, paying with cash is getting less popular. The fast growth in popularity of card payments goes hand in hand with a significant increase in online shopping in the past year. This is shown by new… Continue reading
  Topics: card, irish, increase, billion, euros, payments, credit, million, debit, period, increasingly, consumers, spending.
• Italian wine marketplace Viniexport expands in Europe - Viniexport, an online marketplace from Italy that enables companies to buy and sell wine worldwide, has secured a 2 million euros funding round. With the money, the marketplace wants to pursue its European expansion. And it looks like the next stops will be in Spain, Germany and France, as Tech.eu Continue reading
  Topics: venture, inveready, million, expands, wine, italy, wants, viniexport, italian, euros, market, marketplace, europe.
• Italy wants 3% tax for big ecommerce companies - Italy has plans to introduce a so-called web tax in 2020. The Southern European country has announced plans to introduce this tax in its new budget draft. The web tax is aimed at online giants like Amazon and Google. If the tax plans get through, major online retailers and other… Continue reading
  Topics: million, digital, italy, ecommerce, online, euros, plans, web, big, wants, companies, tax.
• Klarna raises 547 million euros - Klarna has raised an amount of 650 million dollars, which corresponds to roughly 547 million euros. With this fresh funding, the Swedish payments company is now valued at around 8.9 billion euros. This makes Klarna the largest fintech unicorn in Europe. With the most recent valuation, Klarna is even considered… Continue reading
  Topics: turnover, pay, world, million, app, klarna, euros, raises, users, half, consumers.
• Lesara has filed for insolvency - German startup Lesara has filed for insolvency at its headquarters in Berlin. For many, this comes as a surprise, as the online store grew very fast and just opened a new logistics center. Also, the fashion and lifestyle retailer raised tens of millions of euros in funding over the last… Continue reading
  Topics: euros, insolvency, million, raised, lesara, logistics, filed, roman, startup, opened, center.
• Lesara raises 30 million euros - German fashion retailer Lesara has raised another 30 million euros from investors. The online fashion discounter has now raised a total of 90 million euros during the last few years. With the fresh funding, Lesara wants to further grow the company in Europe. It’s less than a year ago that Continue reading
  Topics: lesara, million, fashion, turnover, raises, investors, online, worth, example, euros.
• Lidl extends grocery delivery in Ireland - Supermarket chain Lidl has extended its online grocery shopping and home delivery service in Ireland. The service, operated by grocery delivery startup Buymie, was already active in Dublin and now extends into the commuter counties surrounding the capital. Lidl launched the online grocery shopping and home delivery service across much… Continue reading
  Topics: online, stores, delivery, buymie, lidl, service, shopping, app, extends, euros, ireland, grocery.
• Miinto sells products for €94 million - Miinto, an ecommerce fashion platform from Denmark, has sold products for almost 700 million Danish kroner, which corresponds to about 94 million euros, last year. This is an increase of more than 40 percent compared to the previous year. Miinto is an online platform that connects local, physical fashion stores… Continue reading
  Topics: euros, fashion, volume, miinto, personal, million, products, company, ecommerce, sells, platform.
• Mister Spex raises 65 million euros - Online optician Mister Spex has raised over 65 million euros in an equity round led by the Büll Family Office. With the fresh funding, the German company wants to accelerate its international growth and expand its retail network. Mister Spex already has 11 own stores across Germany, but the online… Continue reading
  Topics: retail, christmas, spex, online, network, euros, store, round, conversions, stores, million, mister, raises.
• Mobile payment solution Bluecode raises €12 million - Bluecode, a mobile payment solution from Austria, has raised 12 million euros in its latest financing round. Private venture capitalists from Europe, who invested in Bluecode in the autumn of 2018, are investing again in the payment solution for iPhones and Android smartphones. After the growth financing of 11.2 million… Continue reading
  Topics: solution, bluecode, raises, euros, money, payment, million, mobile, data, austria, pay.
• Mollie raises 25 million euros - Dutch online payment processor Mollie has raised 25 million euros from a group of technology and payment entrepreneurs. With the money, Mollie wants to accelerate its expansion through Europe. It’s the first time Mollie has raised money. Since the founding in 2004, the company managed to become a profitable business… Continue reading
  Topics: investors, founders, mollie, euros, raises, wants, team, million, operators, payment, tech, entrepreneurs, raised.
• NetOnNet is biggest online store in Sweden - When you think about big online stores from Sweden, you can’t ignore H&M and Ikea. But these ecommerce giants aren’t the biggest online shops in Sweden. Last year, NetOnNet was the one with the biggest ecommerce sales in Sweden. Sweden is home to major (retail) brands such as H&M, Ikea… Continue reading
  Topics: online, netonnet, sweden, million, zalando, biggest, elgiganten, store, sales, euros, ecommerce.
• Ocado raises 1.1 billion euros - British online supermarket Ocado has plans to raise over 1 billion pounds (1.12 billion euros) in capital. The company wants to further expand its online grocery delivery business. Earlier this week, Ocado announced it plans to raise 734 million euros in new shares and 390 million euros in convertible bonds.… Continue reading
  Topics: partners, raise, ocado, euros, supermarket, grocery, reasons, online, billion, raises, capital.
• OnBuy to expand into over 140 countries by 2023 - OnBuy, a major online marketplace from the United Kingdom, has started an aggressive global expansion plan. The company wants to launch into more than 140 countries by the end of 2023. The plans follow after securing 5.5 million euros in a Series A funding round last June. 2020 was a… Continue reading
  Topics: million, euros, status, countries, company, valued, track, market, expand, unicorn, onbuy.
• Otto Group’s online revenues increase to €7.7 billion - Otto Group, one of the world’s largest online retailers, saw its online sales increase to approximately 7.7 billion euros in the 2018/19 financial year. That’s an increase of 4.5 percent compared to the situation one year before. Most of that revenue still comes from the Otto Group’s brands that are… Continue reading
  Topics: retailers, group, online, billion, revenues, revenue, euros, increase, otto, platform, groups.
• Otto Group’s online revenues €8.1 billion in 2019 - The Otto Group saw its global online revenues increase to 8.1 billion euros in the 2019/2020 financial year. This is an increase of over 5 percent compared to the situation one year before. In 2018, the Otto Group saw its ecommerce sales be worth 7.7 billion euros. Now, it has… Continue reading
  Topics: revenues, billion, group, otto, focus, euros, growth, groups, companies, ecommerce, online.
• Otto sees sales grow 9 percent to 3.5 billion euros - Otto continued to grow last year. The mail order company reported an increase in sales of 9 percent to 3.5 billion euros. It’s the tenth year in a row that revenues of the Otto Group subsidiary increased.According to Otto, the successful past financial year was also thanks to the now… Continue reading
  Topics: sees, sales, euros, increase, billion, online, otto, mobile, group, retailer, subsidiary, grow, tablet.
• Outfittery and Modomoto announce merger - German fashion start-ups Outfittery and Modomoto are merging. Exact deal terms were not disclosed, but for sure the new company will operate only under the Outfittery brand in the German-speaking countries, the Benelux, Sweden and Denmark. Outfittery and Modomoto are both based in Berlin and both offer a curated shopping… Continue reading
  Topics: sales, merger, curated, shopping, outfittery, service, million, modomoto, announce, company, euros.
• Polish martech startup Edrone raises €4.5 million - Polish company Edrone has raised 5.3 million dollars (4.5 million euros) in its first funding after bootstrapping for the last four years. Edrone is an AI-fueled platform that provides customer experience solutions for ecommerce companies. With the fresh capital, Edrone wants to fuel its ambitions to build a marketing one-stop-shop… Continue reading
  Topics: portfolion, euros, startup, polish, million, martech, marketing, edrone, company, ecommerce, customers, raises, existing, customer.
• Polish startup Packhelp raises 8.8 million euros - Packhelp, a startup from Poland that allows users to design their packaging, has raised 8.8 million euros in a Series A round. White Star Capital led the investment, while existing investors participated. With the money, Packhelp wants to boost its growth in Europe. The online package customization platform launched in… Continue reading
  Topics: star, startup, million, euros, wants, capital, track, packaging, omnichannel, packhelp, white, round, raises, polish.
• Portuguese marketplace Bizay raises €32 million - Bizay, a marketplace for customized products, has raised 32 million euros in a Series C round. The round was led by the European Investment Bank and Indico, with support from Iberis Capital and existing investors. Bizay is an online platform from Portugal that’s aimed at small-to-medium sized businesses. It allows… Continue reading
  Topics: million, raised, round, portuguese, supply, euros, orders, marketplace, raises, products, bizay, smbs, customized.
• PricingHub raises 2 million euros - PricingHub, a French pricing solution provider, has raised 2 million euros. With the money, it wants to further develop its price optimization platform. PricingHub already raised 1.8 million euros from French venture capital firm Elaia, business accelerator Lafayette Plug and Play and business angels last February. A recent refundable advance… Continue reading
  Topics: pricing, pricinghub, retailers, sensitivity, million, euros, price, raises, french, worsened, solution, stock.
• Print-on-demand platform Moteefe raises €4.5 million - Moteefe, a Dutch platform for on-demand production of merchandise, has raised 5 million dollars (4.54 million euros) in a Series A round led by Gresham House and Force Over Mass Capital. The money will be used for further expansion across the globe, launching new products for large retailers and scaling… Continue reading
  Topics: euros, platform, round, total, merchandise, service, retailers, raised, moteefe, raises, million, printondemand.
• Print-on-demand platform Moteefe raises €9.3 million - Moteefe, a Dutch platform for on-demand production of merchandise, has successfully completed an 11 million dollar (9.3 million euros) funding round. It was led by new investor BGF, with participation from existing investors. The round follows a Series A fundraise announced earlier this year. Last February, Moteefe announced it raised… Continue reading
  Topics: platform, growth, euros, printondemand, sizes, million, raises, moteefe, users, round, production, retailers.
• Razor raises €25 million to acquire and scale Amazon brands - Razor Group, a startup from Germany that acquires and scales Amazon brands, has raised 25 million euros in a new round. This happened just twelve weeks after it received initial startup financing of five million euros. The new round consists of equity financing and a credit line. Ten million euros… Continue reading
  Topics: heroes, raises, euros, amazon, market, acquire, raised, million, financing, scale, brands, razor, stores.
• Same-day delivery platform Ziticity raises €2.2 million - Ziticity, a urban logistics platform from Lithuania, has raised 2.2 million euros. The seed equity investment round was led by NordicNinja VC. With the money, the same-day delivery platform wants to expand in Europe. Currently, Ziticity is only active in France and the Baltics, but after successful piloting, the company… Continue reading
  Topics: delivery, sameday, company, deliveries, wants, million, local, platform, raises, euros, ziticity.
• Secondhand fashion marketplace Vinted raises €128 million - Vinted, a marketplace from Lithuania, has raised 128 million euros in a round led by Lightspeed Venture Partners. With the money, the site where consumers can sell and buy second-hand fashion wants to accelerate its rapid growth across Europe. With the new funding round, Vinted is now valued at more… Continue reading
  Topics: vinted, million, euros, tech, fashion, data, platform, money, raises, turning, marketplace, secondhand.
• Shop Apotheke will launch online marketplace - Shop Apotheke is aiming to grow from 540 million euros to over 700 million euros this year. The online pharmacy wants to achieve this without any major acquisitions, but it does want to launch an online marketplace. Shop Apotheke has become the umpteenth ecommerce company that has decided to launch… Continue reading
  Topics: writes, launch, marketplace, apotheke, company, shop, million, omnichannel, online, euros, wants.
• Shopify sees revenue increase by 59 percent - Shopify has passed the 1 billion dollar revenue mark. The company’s full revenue growth for 2018 reached 1.073 billion dollars, which corresponds to 950 million euros. This revenue mark is a 59 percent increase from the situation last year. Tobi Lütke, CEO of Shopify, is very happy with the milestone.… Continue reading
  Topics: growth, solutions, shopify, mark, company, worth, million, revenue, payments, euros, increase, sees.
• Supermercato24 raises 11 million euros - Supermercetato24, an Italian same-day delivery service for online groceries, has raised 11 million euros. The money comes from new investor DIP Capital and current investors FII Tech Growth, 360 Capital Partners and Innogest. The ecommerce company wants to use the investment money to solidify its position in Italy, to deploy… Continue reading
  Topics: raises, service, sameday, euros, money, groceries, retailers, grocery, supermercato24, million, online, position, phase.
• Swedish UGC startup Flowbox raises €7.5 million - Flowbox, a Swedish startup focused on user-generated content, has raised 7.5 million euros from Viking Venture, a leading software investor from the Nordics. With the money, Flowbox wants to further expand in Europe. Flowbox offers a platform that enables online retailers and other companies to use the social media content… Continue reading
  Topics: swedish, ugc, million, weve, raises, flowbox, viking, venture, startup, worth, euros, wants.
• The top 100 retailers in Austria - The top 100 retailers in Austria generated sales of 38.7 billion euros in 2018. The ranking of Austria’s largest retailers is led by six companies that have exceeded the billion euros mark: Rewe, Spar, Hofer, Lidl, XXXL Group and Media Saturn. Together, they generate 32 percent of all retail sales… Continue reading
  Topics: sales, online, million, ecommerce, euros, austria, retailers, retail, players, place.
• Thrasio: €220 million to acquire Amazon sellers in UK - Thrasio, a large acquirer of Amazon FBA businesses, has announced a commitment of 200 million pounds (220 million euros) to complete acquisitions of ecommerce companies in the United Kingdom. It has also announced the acquisition of Maximo Fitniss, its 11th acquisition in the UK. This expansion of operations in the… Continue reading
  Topics: revenue, deals, acquire, amazon, operating, united, thrasio, uk, million, sellers, euros.
• Top 10 ecommerce in Austria makes up half of top 250’s sales - Things are looking well for the biggest online shops in Austria. The top 250 can look forward to double-digit growth. And the ten biggest ecommerce websites from Austria account for almost half of the top 250’s total online sales. Ecommerce in Austria is still performing well, probably this year also… Continue reading
  Topics: austria, 250s, total, million, makes, half, online, sales, shops, ecommerce, euros.
• Top 20 of cross-border marketplaces from Europe - The total cross-border market of European-owned marketplaces represents a turnover of 9 billion euros. This corresponds to a fifth of what’s generated by all cross-border marketplaces in Europe, with Amazon generating 28 billion euros. Here’s the top 20. Amazon is the biggest marketplace in Europe, but when we look at… Continue reading
  Topics: ecommerce, conversions, billion, europe, total, euros, europeanowned, marketplaces, crossborder.
• Top 3 ecommerce Germany: €13.92 billion - The top 3 of biggest ecommerce companies in Germany had a total revenue of 13.92 billion euros last year. Together, the online sales of Amazon, Otto and Zalando account for 41.4 percent of the country’s top 100 of biggest online retailers. The top 10 online stores in Germany still has… Continue reading
  Topics: zalando, otto, online, germany, ecommerce, billion, euros, biggest, amazon, stores.
• UK commuter commerce to be worth €5.2 billion by 2022 - In the United Kingdom, commuters spend a lot while they are on the train. The value of on-train commuter commerce reached 2.9 billion euros last year and is predicted to grow by 75 percent to reach 5.2 billion euros by 2022. KBH On-Train Media did some research in partnership with… Continue reading
  Topics: uk, shop, commuter, train, euros, worth, ontrain, commuters, commerce, total, spend, online, billion.
• UK delivery software startup Sorted raises €17 million - Sorted, a delivery software startup from the United Kingdom, has raised 17 million euros in a funding round that was led by Praetura Ventures and NVM Private Equity. This follows after a year of 400 percent revenue growth. Sorted is based in Manchester and offers data-driven delivery software for retailers… Continue reading
  Topics: delivery, funding, revenue, company, euros, raises, startup, million, uk, technology, software, sorted, offers.
• UK is the third largest mcommerce market in the world - The United Kingdom is the third largest mobile commerce market in the world. Mcommerce in the UK is worth 55.9 billion euros. With this mobile sales figure, the European country ranks third world wide, with only China (652.6 billion euros) and the US (183.2 billion euros) performing better. This is… Continue reading
  Topics: euros, mobile, payments, largest, ewallets, market, mcommerce, worldpay, world, consumers, billion, uk.
• Using Data Studio to Convert Multi-currency Reports - Google's Analytics’ conversion of currencies is straightforward. However, setting the conversion date to equal the date of the transaction may not be an option, forcing merchants to convert currencies manually. Google Data Studio can solve this manual conversion hurdle.
  Topics: studio, currency, convert, multicurrency, spend, currencies, dollars, sources, data, euros, conversion, using, google, reports.
• VibePay opens up its APIs to businesses - 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. As of today, VibePay makes its payments available for businesses. By opening up its… Continue reading
  Topics: apis, wants, million, businesses, banking, subscription, payments, euros, vibe, opens, vibepay, company.
• Zalando asks for shipping costs for the first time - When you’re talking about Zalando, you can’t ignore their free shipping and return policy. But this unique selling point is about to be less special now. In Italy, Zalando will demand from customers to pay shipping costs if their order value is less than 25 euros. This would mark the Continue reading
  Topics: italy, fee, euros, zalando, special, shipping, order, costs, value, asks, thats.
• Zero-waste online supermarket Good Club raises €450k - Online supermarket Good Club from the UK has successfully completed a crowdfunding campaign to raise 400,000 pounds. The grocer has the ambition to become the world’s first zero-waste online supermarket. With the money, Good Club wants to try out reusable product packaging. Good Club, founded by Ben Patten who also… Continue reading
  Topics: staples, supermarket, online, euros, club, wants, 450k, raises, good, product, worlds, zerowaste.
• ‘Ecommerce Germany will rise to €68 billion in 2019’ - Ecommerce in Germany grew 9.1 percent last year and was worth around 63 billion euros. For this year, a further increase of almost 9 percent is expected. This would mean ecommerce in Germany will grow to 68 billion euros at the end of 2019. The prediction comes from IFH Köln… Continue reading
  Topics: online, worth, growth, rise, previous, germany, retail, euros, köln, sector, billion, ecommerce.
• ‘Ecommerce in Germany: €103.4 billion in 2020’ - Ecommerce in Germany is expected to be worth 103.4 billion euros at the end of 2020. This would mean an increase of 10 percent, as the online retail industry was worth 94 billion euros last year. Germany is one of the most mature ecommerce markets in Europe. In this country,… Continue reading
  Topics: online, study, germany, euros, billion, expected, used, worth, ecommerce.
• ‘French ecommerce will exceed 100 billion euros in 2019’ - Ecommerce in France has achieved a turnover of 74 billion euros during the first nine months of this year. French ecommerce association Fevad thinks that, due to Black Friday and Cyber Monday, consumers will spend 20 billion euros in the last quarter, meaning French ecommerce will exceed 100 billion euros… Continue reading
  Topics: sales, quarter, online, france, black, websites, billion, exceed, euros, french, ecommerce.
• ‘German ecommerce could grow to €141 billion in 2024’ - Ecommerce in Germany is predicted to grow significantly in the coming years. After a corona-related record year with online sales somewhere between 80 and 88 billion euros, the trend will continue. It’s predicted that the online trade in Germany could be worth 120 billion euros in 2024, and maybe even… Continue reading
  Topics: billion, worth, retail, german, online, growth, germany, ecommerce, grow, euros.