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Zalando acquires Swiss mobile body scanning developer Fision

News | Ecommerce | 20 Oct 2020

Germany-based retailer Zalando has acquired Switzerland-based software company Fision, with the aim to reduce the number of returns.

Zalando, Fision, online commerce, ecommerce, 3D body scan, personalised 3D body profiles, Switzerland, Germany, Europe, online retailer

Zilch, Credit Kudos partner for Buy Now Pay Later credit assessment

News | Online & Mobile Banking | 15 Oct 2020

Buy Now Pay Later (BNPL) provider Zilch has partnered with challenger credit reference agency and Open Banking provider Credit Kudos to better assess affordability of its customers. 

Zilch, Credit Kudos, buy now pay later, BNPL, credit assessment, challenger, credit reference agency, Open Banking, affordability, alternative credit, instalments, credit, UK, pandemic, BNPL Mastercard, online retailer, payments

Amazon will suspend one of its delivery services

News | Ecommerce | 10 Apr 2020

Amazon has announced it will suspend a delivery service that aims to compete with UPS and FedEx in the US.

Amazon, delivery service, UPS, FedEx, US, online retailer, marketplace, coronavirus

German online retailer Otto selects solarisBank for merchant onboarding

News | Ecommerce | 09 Apr 2020

solarisBank, a technology company with a banking license, has teamed up with Otto GmbH & Co KG, Germany’s largest online retailer.

Solarisbank, online retailer, Otto, Solarisbank, merchant onboarding, KYC, AML, Germany, partnership, automation

Klarna enters Australian market

News | Ecommerce | 31 Jan 2020

Klarna, the global payments and shopping provider, has announced its official launch in Australia by introducing the Klarna Shopping app.

Klarna, Australia, CBA, shopping app, online retailer

PayPal agrees to acquire Honey Science

News | Online Payments | 22 Nov 2019

PayPal has announced that it has agreed to acquire Honey Science, a rapidly-growing tech platform for shopping and rewards, for USD 4 billion.

PayPal, Honey Science, acquisition, merchants, online retailer, tech platform

Amazon, Western Union bring cash payments to US customers who shop online

News | Ecommerce | 20 Sep 2019

Amazon has teamed up with Western Union to roll out a new programme called PayCode in the US, giving customers the option to pay with cash when shopping online.

Amazon, Western Union, PayCode, the US, cash payments, online retailer

Yahoo Japan to acquire online retailer Zozo

News | Ecommerce | 13 Sep 2019

Internet and ecommerce company Yahoo Japan has announced it will launch a takeover bid for Japan-based online clothing retailer Zozo.

Japan, ecommerce, Yahoo Japan, online retailer, Zozo

Online diamond retailer, Kobelli, authenticates goods using blockchain

News | Ecommerce | 25 Jul 2019

Bonafi, a blockchain company that provides authenticity services for online goods, has teamed up with Kobelli, a fine jewellery manufacturer to solve the problem of counterfeit products.

blockchain, ecommerce, online retailer, authentication, counterfeit goods, partnership, Bonafi, Kobelli

Wesfarmers acquires online retailer Catch for about USD 160 mln

News | Ecommerce | 12 Jun 2019

Wesfarmers has announced it is buying ecommerce retailer Catch for about USD 160 million to boost the small online footprint of its retail units such as Kmart and Target.

Wesfarmers, acquisition, Catch, online retailer, Australia

Emaar Malls announces full acquisition of Namshi

News | Ecommerce | 27 Feb 2019

Emaar Malls has announced its full acquisition of the online retailer Namshi, after buying out Global Financial Group’s stake in the enterprise for USD 129.5 million.

Emaar Malls, Namshi, acquisition, online retailer, ecommerce

Wayfair opens its first brick-and-mortar location

News | Ecommerce | 22 Feb 2019

US-based online furniture retailer Wayfair has opened its first brick-and-mortar location after testing pop-up stores over the holiday period.

Wayfair, brick-and-mortar, US, online retailer, pop-up store

Klarnas Pay later service now available to Gymshark customers in the UK and the Nordics

News | Online Payments | 07 Feb 2019

Gymshark and Klarna have announced the launch of Klarna’s Pay later service in the UK, Sweden, Norway, Finland and Denmark.

Gymshark, Klarna, launch, pay later, The UK, Sweden, Norway, Finland, Denmark, online retailer, payment solutions

12 percent of products ordered online in Germany get returned

News | Ecommerce | 09 Jan 2019

A new survey commissioned by Bitkom has found that one in eight online purchases in Germany is sent back to the online retailer.

Germany, Bitkom, survey, online retailer, online shopper, return rate, ecommerce

6 ways to optimise your checkout for cross-border shoppers

Voice of the Industry | Expert Opinion | 17 Dec 2018

Lassi Eronen, Trustly: "Online retailers that wish to take advantage of the growing cross-border ecommerce market should focus on curbing cart abandonment"

Lassi Eronen, Trustly, online retailer, cross-border ecommerce, B2C, local currency, payment method, ecommerce, refunds

Walmart acquires the assets of ecommerce website

News | Ecommerce | 10 Dec 2018

Walmart has acquired the assets of, an ecommerce website that features more than 2 million images and on-demand customisation services.

Walmart,, acquisition, ecommerce, online retailer

SoftBank to invest USD 2 bln in ecommerce platform Coupang

News | Ecommerce | 23 Nov 2018

SoftBank’s Vision Fund has announced an investment of USD 2 billion in Coupang, to accelerate the latter’s development of new shopping and delivery services.

Softbank, ecommerce platform, Coupang, online retailer, ecommerce

Sezzle receives USD 100 mln in funding round

News | Ecommerce | 20 Nov 2018

Alternative ecommerce payment system Sezzle has received a USD 100 million line of credit in a new funding round.

Sezzle, funding round, Tobi, payment system, ecommerce, Bastion, online retailer