Amazon reports double-digit growth for German SMEs
Amazon’s “SME Report 2023” shows a total of €5.5 billion in export sales representing a new record
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Tag: Germany
Exploring B2B e-commerce trends with Alibaba.com’s Patrick Kuehl
In this interview, Patrick Kuehl, Head of Strategic Initiatives and Partnerships Germany at Alibaba.com, explores the latest B2B e-commerce innovations and trends with Seamless Xtra’s Paula Hallentuch.
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EDEKA Jaeger introduces AI-powered age verification at self-service checkouts
Travellers at Stuggart Airport can now use AI-powered age verification technology to automatically purchase age-restricted good like alcohol.
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PayPal remains most popular online payment method in Germany, says EHI study
Despite a declining share of e-commerce sales, Paypal remains the most popular online payment method in Germany, according to an ‘Online Payment 2024’ study carried out by the German retail institute EHI.
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Germans return 11% of online purchases, says Bitkom
On average, German online shoppers return 11% of their online purchases while a quarter never return goods purchased online, a new Bitkom survey has revealed.
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Kaufland expands e-commerce segment across Europe
The “go-live” is planned for late summer and follows the launch in two other European countries last year.
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Tide brings business financial platform to Germany
UK fintech Tide is expanding its business financial platform to Germany as part of plans to boost growth in continental Europe.
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Delivery is decisive cost driver for online retailers in DACH region – EHI Retail Institute
The EHI Retail Institute has called on online retailers to examine their processes and cost structures, revealing in a study that after long periods of growth for e-commerce, current forecasts are less rosy.
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German e-commerce to “bottom out” in 2024 after drop in sales
The e-commerce association (bevh) found that for the first time, gross sales of goods fell in double digits by 11.8 percent to €79.7 billion in 2023, after reaching €90.4 billion the previous year. However, it said it expects a turnaround this year.
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Computop introduces ‘Pay to Drive’ for EV charging stations
German-based Computop has introduced ‘Pay to Drive’ an integrated payment solution for EV charging stations as it seeks to tap into a growing trend of electromobility across Europe.
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REWE to expand ‘Pick&Go’ shopping concept in Germany
REWE said it will be launching three more REWE stores in Germany in early 2024 including the largest Pick&Go store to date with an area of around 1,200 square metres.
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Enfuce raises €8.5 million to expand embedded financing in Europe
The funding follows its successful €45 million Series C round in 2021 and enables further expansion of embedded financing across key European markets in Benelux, Germany and France.
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Aleph Alpha secures $500 million to help scale sovereign Generative AI
German startup Aleph Alpha has raised more than $500 million in Series B funding and secured the backing of several prominent investors for its sovereign Generative AI solutions which serve as an alternative to rival OpenAI
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German retail becoming increasingly hybrid, says Bitkom survey
A representative survey of over 500 retail companies in Germany has found that hybrid selling continues to be a growing trend.
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Kaufland adds shared loyalty points to connect physical and digital retail
German retail chain, Kaufland has enhanced its digital advantage programme, the Kaufland Card, further bridging the gap between stationary retail and the online marketplace.
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ResearchAndMarkets launches ‘Europe POS Payment Methods 2023’ report
The ‘Europe POS Payment Methods 2023’ report reveals that merchants are increasingly shifting away from traditional POS systems and embracing advanced technologies like smart POS, soft POS, and mPOS.
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Sizekick unveils AI-powered clothing-sizing tool
German startup Sizekick’s AI-based sizing tool is the latest such solution to hit the market for fashion e-commerce platforms.
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European banks and merchants address instant payments gap
Banks across Europe are working to comply with the proposed EC Mandate on Instant Payments, with just 12 months to comply from when the Mandate is confirmed
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Worldline launches payment system to support EV Charging market
Worldline’s new payment solution enables the full set of charging use cases such as Tap and Charge, Scan and Charge and Park and Charge.
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Report: Online sales in Germany drop 15%
The figures, which were released by the German federal association for e-commerce show that sales in the fashion segment fell over 20 percent from January to the end of March as online retail continues to experience high levels of volatility.
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