Swedish Apothekamo raises 2.5 million euros

Apotakamo, the online pharmacy from Sweden, has been raised 2.5 million euros in funding. The company will use the money for geographical expansion, marketing activities and the platform’s logistics solution. The startup wants to become the leading pharmacy in Southeast…

Otrium 50 million euros in the red

Dutch fashion platform Otrium made considerable losses in the past year. The company is 50 million euros in the red. The year before, losses were at 8.4 million euros. This is mostly due to bonuses as well as further company…

Clearco lays off 25% of staff

Just months after expanding to Germany and Ireland, Canadian ecommerce investor Clearco is cutting 25 percent of its staff. This comes down to 125 employees. The company points to ‘the current macroeconomic environment’. Clearco is an ecommerce investing firm which…

Bol.com has 50.000 partner sellers

Benelux’s leading marketplace Bol.com now has 50,000 partner sellers. The past three years the number of merchants almost doubled. Partners are responsible for 60 percent of the platform’s revenue in the first quarter of 2022. The growth in sellers is…

Asos and Boohoo investigated for greenwashing

Style platforms Asos and Boohoo are being investigated by the British Competitors and Markets authority relating to greenwashing. Their claims about sustainability could also be deceptive the general public. The CMA says it ‘will not hesitate to take authorized motion’.…

Zalando places launch within the US on maintain

Ecommerce style big Zalando is planning to launch within the US subsequent 12 months. To take action, it’s going to make investments no less than 100 million euros. Nevertheless, present disappointing monetary outcomes have put the plan on maintain. German…

German startup Lisa raises 2.7 million euros

Lisa, a startup from Berlin, raised 2.7 million euros in funding. The company, which offers social shopping solutions, will use the money to accelerate growth and develop its software service. Social shopping is still in its infancy in Europe. Lisa…