~ecommercenews_eu | Bookmarks (61)

Leading ecommerce platform Shopify has increased its prices for new customers in the United States. The change is expected to be implemented in Europe soon, as well. Current customers will notice the price change in three months. Costs tech companies Just like other tech companies, Shopify is dealing with increased…

In the three weeks up to Black Friday, Zalando’s product prices increased by 8 percent. At the start of Black Friday week, prices dropped again by 18 percent. At the end of the week, prices had dropped 23 percent. While overall ecommerce turnover growth has slowed down, online sellers once…

Google will provide more transparency for consumers buying products through the company’s ecommerce platforms, such as the Google Store. The tech giant is doing so to comply with rules set by the European Union. However, the company still breaches EU laws on geo-blocking. In recent years, Google was investigated by…

Online payment provider Paypal is under investigation by the Federal Cartel Office (FCO) in Germany. The company has allegedly hindered market and price competition in its terms and conditions, the German watchdog says. Paypal is currently one of the leading online payment methods in Germany: it is used by over…

Gross sales in Spanish ecommerce are expected to increase 20 percent by the end of this year. The country is expected to generate 65.3 billion euros in sales, of which 17 percent will be generated by online sales. Ecommerce in Spain has been growing steadily over the years. In 2021,…

Dutch product information management platform Gepard has launched a new feature called Digital Shelf Analytics. This feature helps brands effectively track content coverage by supervising content providers, monitoring their enriched product listings on retailers’ websites, and fully controlling content completeness and accuracy. It is one of the biggest updates in…

Swiss online department store Galaxus has launched in Italy. The company wants to grow a loyal customer base. It is the company’s newest expansion after previous launches in Germany, Austria and France. Galaxus is a well-known player in ecommerce in Switzerland, as it generated sales of 2.42 billion euros in…

London-based startup Kuai Commerce has raised 2.4 million dollars (2.22 million euros) in a funding round. The capital injection will be used to launch an ecommerce solution that helps European merchants to sell their wares in the East. Cross-border ecommerce is a way for merchants to reach an even bigger…

Shopee, an online marketplace from Singapore, has left Poland. The company launched there just over a year ago. After also canceling operations in France early last year, Shopee is saying goodbye to Europe as a whole. Shopee was founded in 2015 and has been very successful in Asia. The marketplace…

Online luxury retailer Yoox Net-A-Porter Group has been fined 5.25 million euros by the Italian antitrust agency. The group is fined over misleading pricing and its return policy. The retailer has already announced plans to appeal against the ruling. Yoox Net-A-Porter Group (YNAP) is an online fashion retailer and ecommerce…

About You wants to introduce a minimum order value for free shipping in all of its markets this year. The German fashion platform is hoping to cut costs by having fewer orders with low values in the future. About You is currently testing the minimum order value in some of…

Amazon plans to close three distribution centers in the United Kingdom, the company’s biggest market in Europe. After investing heavily during the pandemic ecommerce boom, the retail giant is experiencing a dip in demand. Like many companies in the ecommerce sector, retail giant Amazon faces the effects of inflation and…

German online fashion giant Zalando has added a new product category to its platform: toys. The new category is already added to the platform’s homepage in all its markets. With this launch, the platform continues to expand its range of products for children. The German online marketplace Zalando currently has…

Dutch startup VonWood, a trade platform for wood, has raised 2.7 million euros. The company aims to connect wood buyers and lumbers more directly online, while offering more product transparency. With the funds, VonWood wants to accelerate growth. VonWood was founded in May 2022. The B2B marketplace currently offers over…

German ecommerce aggregator Razor Group has raised 70 million dollars (65.7 million euros). The company currently has over 200 brands in its portfolio, but wants to add more soon. The funding will also be used to expand geographically. Ecommerce aggregator are growing quickly in European ecommerce. In November, Dutch company…

Amazon has reached a settlement with the European Commission. The ecommerce giant says it will not use data from partner sellers for its own products. It will also add a second Buy Box. By doing this, the platform avoids a billion dollar fine. Amazon has been under investigation by several…

The Dutch government wants online liquor stores to stop offering ‘buy now, pay later’ as a payment method. If they do not find alternative payment methods, the government will come up with legal measures. The payment method lowers the threshold to buy alcohol. Lower threshold Many liquor stores in the…

Fashion Cloud, a B2B data startup, has raised 25 million euros in growth capital. The German company wants to use the new capital injection for product development. In addition, Fashion Cloud wants to accelerate its international expansion. Fashion Cloud was founded in 2015 in Germany. The company offers a platform…

The selling of pre-owned items is growing in popularity. In 2021, the European recommerce market was worth 75 billion euros. It is expected to grow 60 percent by 2025, to 120 billion euros. Many online marketplaces have added services where customers can sell their pre-owned items, such as Zalando. However,…

In the period from October 1st to November 30th, which includes Black Friday, German sales of online retailers decreased 16.8 percent when compared to the same period in 2021. It is the first time that this decrease happens, since researchers started measuring in 2014. However, an increase of 13.1 percent…

Dutch ecommerce giant Bol.com is cutting approximately 10 percent of its staff. This comes down to 300 jobs. The company needs to save a total of 225 million euros over the next three years. The growth of the online store has come to a halt. Last year, the company made…

German supermarket Lidl has opened its European distribution center in Roosendaal, in the Netherlands. Eventually, all of Lidl’s online orders in Europe will be fulfilled through this center. In order to do this, it will gradually expand its work force and inventory. The German discount supermarket has been selling online…

As lockdowns were lifted earlier this year, the amount of online sales has dropped in the Netherlands. The total decline in online revenue is expected to reach 3 percent in 2022. However, online turnover growth will reach between 5 and 10 percent next year as a result of inflation. During…

Ecommerce giant Alibaba has launched a new marketplace in Spain. The platform is called Miravia and connects brands and content creators with consumers. It features fashion, beauty, food and lifestyle products. Earlier this year, Chinese ecommerce giant Alibaba expanded its existing online marketplace Lazada into Europe. Now it is launching…