Tag Archives: E-Commerce

EBRD Venture Capital Leads $44 Million Investment Round for Polish Robotics Firm Nomagic

(IN BRIEF) EBRD Venture Capital has led a $44 million Series B investment round for Nomagic, a Polish robotics company specializing in autonomous systems for logistics and e-commerce. The funding will support the company’s product development and expand its market … Read the full press release

Leica and Valtech Join Forces to Revolutionize Global E-Commerce and Customer Experience

(IN BRIEF) Leica Camera AG has partnered with Valtech to overhaul its e-commerce platform, focusing on enhancing the online shopping experience and driving international growth. The collaboration aims to standardize and scale Leica’s e-commerce systems, ensuring a seamless omnichannel experience … Read the full press release

CTP Expands Partnership with Milšped, Securing Key Logistics Facilities Across Serbia

(IN BRIEF) CTP has signed three major leases with Milšped, expanding their footprint to 105,000 sqm in Serbia. The new leases span CTP’s industrial parks in Belgrade, Niš, and Novi Sad, positioning Milšped to meet the growing demand for logistics … Read the full press release

Orange and Vodacom Launch Groundbreaking Rural Connectivity Project in DRC with Solar-Powered Base Stations

(IN BRIEF) Orange and Vodacom have teamed up to establish a pioneering partnership in the Democratic Republic of Congo (DRC) aimed at enhancing mobile connectivity in rural areas. Over the next six years, the companies plan to construct up to … Read the full press release

Riverty and eBay Launch New Monthly Invoice Payment Option to Enhance E-Commerce Experience

(IN BRIEF) Riverty has partnered with eBay to introduce a new monthly invoice payment option, enhancing flexibility for consumers and streamlining transactions for sellers. This collaboration allows customers to consolidate payments for multiple purchases into a single monthly invoice, which … Read the full press release

EBRD Champions AI Innovation in E-Commerce with €6 Million Investment in Estonian Firm Miros

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has led a €6 million pre-series A investment round in the Estonian company Miros, marking its first venture capital investment in Estonia. This funding, which also involves Tera Ventures and … Read the full press release

Ingka Group Invests in Advanced Automation at IKEA South Korea to Boost E-Commerce Fulfillment

(IN BRIEF) IKEA South Korea has implemented advanced automation systems at its Giheung store as part of a global initiative by the Ingka Group to enhance customer experience and operational efficiency. The €11 million investment in technology, including wireless-controlled robots … Read the full press release

BMW Group Extends Partnership with Adyen to Enhance In-Person Payments at BMW Welt and BMW Museum

(IN BRIEF) Adyen and BMW Group have expanded their partnership to include point-of-sale (POS) payment solutions at BMW Welt and the BMW Museum in Munich. This extension builds on their successful e-commerce collaboration, ensuring a seamless payment experience for BMW … Read the full press release

Zalando Reorganizes Leadership for Enhanced E-commerce Ecosystem Strategy

(IN BRIEF) Zalando, Europe’s leading fashion and lifestyle e-commerce platform, is restructuring its management board to align with its updated strategy focusing on two growth vectors: Business-to-Consumer (B2C) and Business-to-Business (B2B). Co-founder David Schneider transitions to a dedicated role focusing … Read the full press release

Orange Launches ‘Max it’ Super-App in Africa, Bringing Telecom, Financial, and E-commerce Services to Millions

(IN BRIEF) Orange, a telecommunications company, is introducing its “Max it” super-app in Africa, combining telecommunications, financial services, and e-commerce to serve the daily needs of users. Initially launching in five African countries, Max it simplifies the digital experience by … Read the full press release

Maersk’s Omnichannel-Fulfillment Powers Double Eleven Retail Success with 8.15 Million Orders Processed

(IN BRIEF) Maersk, a global leader in integrated logistics, has showcased its Omnichannel-Fulfillment (OCF) capabilities during China’s Singles Day (Double Eleven) shopping festival, supporting 56 key clients across 16 OCF sites in China. Maersk’s team successfully managed 8.15 million outbound … Read the full press release

DHL Group Completes Acquisition of Turkish Parcel Delivery Company MNG Kargo, Boosting E-commerce Logistics

(IN BRIEF) DHL Group has successfully finalized its acquisition of MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, following approvals from the Turkish Competition Authority and the Turkish Information and Communications Technologies Authority. MNG Kargo, a … Read the full press release

Ahlstrom Expands Sustainable Packaging Tape Solutions with MasterTape® Pack

(IN BRIEF) Ahlstrom, a key player in the packaging tape industry, is extending its product range with the introduction of MasterTape® Pack, aimed at addressing the global demand for more sustainable packaging solutions. As e-commerce continues to grow, the need … Read the full press release

EBRD Invests €15 Million in PHH Group to Boost E-commerce Expansion in the Baltic States

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €15 million in PHH Group, a leading e-commerce platform in the Baltic states. This investment aims to support the expansion of PHH Group’s logistical capacity and cross-border fulfillment … Read the full press release

Maersk Charges Ahead: Expanding Electric Fleet to Over 500 Vehicles for Green Logistics Revolution in India

(IN BRIEF) Maersk, a global shipping and logistics company, is rapidly expanding its electric vehicle (EV) fleet in India, aiming to strengthen the fleet to over 500 vehicles in 26 cities. The company is committed to achieving net-zero emissions and … Read the full press release

DHL Group Expands E-commerce Footprint with Acquisition of MNG Kargo in Turkey’s Thriving Market

(IN BRIEF) DHL Group has agreed to acquire 100% of Turkish parcel delivery company MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, aiming to strengthen its position in the rapidly growing Turkish parcel and e-commerce market. … Read the full press release

Zalando revolutionizes online shopping with virtual fitting room experience

(IN BRIEF) Zalando, the popular online fashion platform, is introducing a virtual fitting room experience for millions of customers across all markets. In this campaign, customers can create a 3D avatar by entering their height, weight, and gender. For a … Read the full press release

Allianz Trade partners with Singapore-based Bueno.money for B2B e-commerce venture

(IN BRIEF) Allianz Trade has entered into the B2B e-commerce space with Bueno.money, a Singapore-based Buy-Now-Pay-Later (BNPL) player, through its credit solution E-commerce Credit Insurance. This allows Bueno.money to offer a deferred payment solution to e-merchants in real-time with credit … Read the full press release

GfK and Minderest provide comprehensive overview of current prices in the market

(IN BRIEF) GfK and Minderest have collaborated to provide better, data-driven pricing in e-commerce. The partnership enables decision-makers in both retail and manufacturing to have a comprehensive overview of current market prices and recommendations for actionable price adjustments through GfK’s … Read the full press release

The Ocean Race, Virtual Regatta and Accenture offer e-commerce opportunities in new metaverse experience

(IN BRIEF) The Ocean Race, in collaboration with Virtual Regatta and Accenture, has launched a metaverse experience pilot to engage fans and businesses in the world-renowned yacht race. The metaverse environment allows gamers and enthusiasts to take part in exclusive … Read the full press release