~ecommercenews_eu | Bookmarks (65)

The number of sellers on TikTok Shop in the United Kingdom has doubled within a year. According to the platform, there are currently over 200,000 businesses active on TikTok Shop, “as brands take advantage of the revenue potential of live shopping and shoppable videos”.TikTok, the international subsidiary of the Chinese…

Of the thousand largest online sellers in Europe, 49 percent have their headquarters on the continent. A majority are based elsewhere, primarily in the United States or China. The share of online traffic for these non-European companies is even higher.This is reported by Internet Retailing, based on data from RetailX.…

At least 83 percent of Nordic consumers shop online monthly, according to a new report. Cross-border shopping is becoming more common in these countries. In the last twelve months, 76 percent of consumers in the Nordics purchased products abroad. These data come from PostNord’s E-commerce in the Nordics Autumn report.…

Customers in Poland expect real pro-ecological actions and social commitment from online stores, according to the Chamber of Digital Economy in a new report. According to the government agency, Poland offers a lot of potential for foreign ecommerce companies but is an “extremely demanding” market.Polish consumers expect not only competitive…

Dutch payments fintech Mollie has announced that it is expanding to Italy. Businesses in the country can now use the payment platform for online transactions. The platform has also added Italian local payment methods. Mollie is a Dutch payment service provider that handles payment transactions for online stores, by offering…

Wero, the new payment service backed by major European banks, remains largely unknown and unloved in Germany. Despite an introductory campaign, seven out of eight Germans report being unaware of the payment method, and only 2 percent have tried Wero so far.This was reported by Der Spiegel, based on research…

The Netherlands has more than 100,000 online stores. This figure comes from the latest quarterly report from Statistics Netherlands. At least this number of companies have online sales as their main activity, but the number is increasing. The amount of online stores with a broad product range increased 14 percent…

A majority of 73 percent of online retailers and service providers in Italy are satisfied by services provided by technology partners and agencies. At least 71 percent are also satisfied by their payment systems. However, most of the companies are dissatisfied with innovative technologies, like AI. These data come from…

Click and collect is becoming a standard option for online shoppers. A majority (54 percent) of the top thousand European online retailers offer a pick-up option, enhancing their appeal to shoppers.This is reported by the British industry publication Internet Retailing, based on the RetailX Europe Top1000 360° report. This report…

Last year, fashion platform Shein generated 7.68 billion euros in sales in Europe. This was an increase of 68 percent, compared to a year earlier. Its profitability has also increased significantly. Fast fashion platform Shein is one of the Asian ecommerce platforms that has been growing rapidly in Europe. Earlier…

Swedish-Danish postal Group PostNord has brought together all of its different international operations as one business unit, under joint management. By doing this, the company wants to strengthen its market leadership. PostNord is a postal group, which offers many services. It is based in the Nordics, and is known for…

Latvian technology platforms Printful and Printify have announced a merger. The joined company will be able to offer better prices to customers, while also operating on a bigger scale. Both brands will continue operating under their own names. Printful is a Latvian company that was founded in 2013. It provides…

The rise of shopping platforms from China is making a strong impact in Switzerland. In a top 10 list of popular online shopping destinations, three names from China are included. While AliExpress was the only Chinese player in the Swiss top list three years ago, it has now been surpassed…

The European Commission is starting a formal investigation into Temu, to see if the platform does enough to combat the sale of illegal products, amongst other issues. It also has ongoing investigations into other platforms, like AliExpress. This summer, online marketplaces Temu and Shein were already requested by the European…

With Trade Assurance, Alibaba introduces what it calls a new standard for safe and transparent digital B2B trade in Europe. The service portfolio is initially available for businesses in France, Germany, Italy, and Spain.“Trade Assurance provides 360-degree protection by guaranteeing secure payments, real-time order tracking, and targeted dispute resolution”, Alibaba…

Next year, Asian online marketplaces Shein’s and Temu’s growth rates will drop significantly. This is predicted in a report published by Forrester. The expected decline is related to current complaints about the marketplaces. Forrester, a research firm based in the United States, often publishes reports about retail in Europe. Last…

This week, fulfillment company Monta has announced further international expansion. The company will open fulfillment centers in France, Italy and Poland. The new locations will be operational by this time next year. Monta was founded in the Netherlands in 1999. In addition to its fulfillment services, it also offers warehouse…

Amazon is introducing new return policies in the United Kingdom on November 11. International sellers will be required to provide a domestic return address or issue a return label; otherwise, the customer will receive a refund without needing to return the item.According to Amazon, these new rules are necessary to…

Ecommerce giant Amazon has announced that it is revising its policy on shipment tracking in January in Germany. The change will affect domestic and cross-border shipments. Merchants on the platform have voiced their concerns about rising costs. Online marketplace Amazon recently announced that it would implement a longer return period…

Parcel volumes in Austria are growing significantly. However, the majority of packages, around 80 percent of the total, come from abroad. Amazon accounts for a large share of this parcel surge, and the influence of Chinese platforms is increasing. Local online retailers are losing out.This is the conclusion of a…

Last year, B2C ecommerce in Europe generated a nominal turnover of 887 billion euros. This was a slight increase of 3 percent compared to a year earlier, when the turnover reached 864 billion euros. However, there are large regional differences. Ecommerce in Europe has been growing in the last couple…

OnBuy, a popular pure marketplace from the United Kingdom, has announced its international growth plans. By the end of this year, the rollout of ‘The Cashback Marketplace’ will begin across continental Europe, with the United States following next year.Since its launch in 2016, OnBuy has grown significantly in the United…

Ecommerce giant Amazon has announced that it is implementing a temporarily extended return period. The longer return period is coming into effect during the holiday season. According to the marketplace, it will help merchants increase their sales. After summer, most online businesses start preparing for the holiday season. Amazon, which…

eBay has introduced a new label in Germany, allowing commercial sellers to stand out on the platform. The eBay Top-Service designation provides shoppers with insights into certain aspects of the service, such as timely shipping. This label can be compared to Amazon’s Prime.A key difference between Amazon Prime and eBay’s…