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Marketplaces generate 63% of cross-border turnover

October 13, 2023

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Last year, the total online cross-border market in Europe generated a turnover of 265 billion euros. At least 63 percent, 167 billion euros, was generated by marketplaces. These data include global cross-border sellers, such as Amazon and AliExpress. These data come from the fourth edition of the “TOP 100 Cross-Border Marketplaces Europe” from Cross-Border Commerce Europe. The study looks into global online cross-border platforms operating across the European Union, including the United Kingdom. €167 billion generated by marketplaces According to…

Wehkamp turnover €433 million last year

July 31, 2023

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In 2022, Dutch online department store Wehkamp, made 433 million euros in turnover. This is a decrease of 9 percent compared to the year before. The company’s net loss came to 22 million euros. Wehkamp released its financial results for 2022-2023, as the company’s financial year ended on March 31st this year. According to the results, the department store generated an EBITDA of 20 million euros. Higher results than in 2019 Last year, the company’s EBITDA reached 46 million euros.…

Refurbed reaches €1 billion turnover

July 1, 2023

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Austrian marketplace for refurbished electronics, Refurbed, has reached a financial milestone of 1 billion euros in turnover. The company is now active in eight markets. Refurbed was founded in Austria in 2017. It is an online marketplace for refurbished electronics, and it claims that it is one of the fastest growing marketplaces of its kind in Europe. In 2021, the company raised 45 million euros to expand into new markets. It currently sells over more than 18,000 products in eight…

BigBuy reached turnover of €105 million in 2022

March 13, 2023

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Spanish wholesale platform BigBuy has generated a turnover of 105 million euros in 2022. The company managed around 2 million orders in that same year. Additionally, it has increased its workforce by 20 percent. This is only a snippet of a eCommerce Article, please visit the Authors Website and Read the Full Article