Europe: cross-border ecommerce suffers from delivery-related high costs

Monday, 7th July 2014

By comparing delivery costs within and out of borders, the latter requires, the least, twice the amount for shipping goods.

"It is a major logistical issue in the cross-border business in Europe which should be given prime importance and be solved in order to create a digital single market. It could also be a major driver for merchants to start selling to foreign markets."

"Improving delivery conditions within the EU has also been identified by the European Commission as one of the top five priorities to boost ecommerce before 2015."

"It is also relevant that cross- border delivery costs are decreased, as they form a competitive disadvantage for foreign retailers over the local ecommerce players. One of the factors that make cross- border delivery expensive is the fact that merchants often have to ship random, scattered packages to isolated destinations. One suggestion to improve cost efficiency could thus be to create export lanes and allow merchants to bundle their ecommerce exports to foreign destinations."

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Netherlands: iDEAL transactions volume climbs 21% in 2013

Saturday, 5th July 2014

iDEAL, a Dutch online payments system, recorded a 21% growth in the number of transactions, to a total value of EUR 10.8 billion.

"Consumers with a Dutch bank account opted for iDEAL as a payment option for their purchases over 142 million times, a notable figure which was spurred by the continuing increase in online shopping."

"However, consumers not only use iDEAL for online purchases and transactions but also for donations to charities and payments for subscriptions and invoices, for example. Security, speed and convenience are important factors for consumers when selecting their payment method, according to information issued by the report in question."

"In 2013, 59% of the Dutch customers opted for iDEAL as a payment method and 61% of consumers used the service to pay for their most recent online purchases."

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Ecommerce in Canada - Infographic

Friday, 4th July 2014

Source Ecommerceouttakes.com

India: domestic transactions account for 70% of the M&A activity by volume

Friday, 4th July 2014

Indian domestic transactions has cumulated a notable 70% of merger and acquisitions (M&A) volume since 2010.

"There have been 159 M&A transactions involving Indian technology product companies from 2010, with a total estimated transaction value of USD 1.78 billion."

"Speaking of the value factor, the 48 inbound M&A transactions account for 63% of the estimated M&A transaction value, due to a higher average deal size of USD 23.3 million versus USD 6 million."

More info here.

InPost parcel lockers network sets foot on French soil

Friday, 4th July 2014

InPost parcel locker networks has entered the French market for a debut launch, the around the clock self-service collection and dispatch terminals are being planned to open in 2,500 convenient locations until 2016.

"In 2014, InPost has also made alliances with Carrefour Italy, TNT Express Italy and with the Italian ecommerce platform Banzai. According to estimates, over 1,000 InPost parcel lockers will be installed around Italy by the end of 2015. London Underground stations and Transport for London (TfL) have also confirmed cooperation with InPost lockers set to be installed at parking locations and the locker market is accelerating. A further agreement with Supermarket Morrisons, operating over 500 UK stores, has also been secured by InPost."

"The company also announced its plans for the Middle East and North African regions in its joint venture with global logistics company Aramex, ensuring the transportation of goods throughout the MENA regions. By the end of 2014, the network should cover the UAE, Saudi Arabia, Oman, Bahrain, Qatar, Jordan, Lebanon, Kuwait, Egypt and the Republic of South Africa."

More info here.

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