France E-commerce News

Recent industry report about France E-commerce company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ France E-commerce Market industry experts.

France E-commerce News

  • June 2024 - BNP Paribas and BPCE announce their plans to create a strategic partnership in the field of payments Paris, 13th June 2024 • With this strategic partnership project, BNP Paribas and BPCE wish to take a major new step in the payments field by jointly acquiring the best technology for processing payments for card holders and merchants. • This processor would handle all card payments from BNP Paribas and Groupe BPCE in Europe, accounting for 17 billion transactions, and could also be opened to other banks. It would thus be the Number 1 processor in France, both Groups share the ambition to make it one of the Top 3 processors in Europe.
  • November 2023 - XPO, a provider of innovative and sustainable comprehensive logistics solutions across Europe, partnered with METRO Marketplace on the occasion of the inauguration of METRO France's new logistics platform for non-food e-commerce as France's food service supplier.
  • October 2023 - eSalon launched its hair care products on Amazon in the United Kingdom, Germany, and France, expanding their availability. The company offers a variety of 34 items available on Amazon, including permanent hair color sets, weekly retreats, and shine silk.
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  • June 2024 - BNP Paribas and BPCE announce their plans to create a strategic partnership in the field of payments Paris, 13th June 2024 • With this strategic partnership project, BNP Paribas and BPCE wish to take a major new step in the payments field by jointly acquiring the best technology for processing payments for card holders and merchants. • This processor would handle all card payments from BNP Paribas and Groupe BPCE in Europe, accounting for 17 billion transactions, and could also be opened to other banks. It would thus be the Number 1 processor in France, both Groups share the ambition to make it one of the Top 3 processors in Europe.
  • November 2023 - XPO, a provider of innovative and sustainable comprehensive logistics solutions across Europe, partnered with METRO Marketplace on the occasion of the inauguration of METRO France's new logistics platform for non-food e-commerce as France's food service supplier.
  • October 2023 - eSalon launched its hair care products on Amazon in the United Kingdom, Germany, and France, expanding their availability. The company offers a variety of 34 items available on Amazon, including permanent hair color sets, weekly retreats, and shine silk.
  • October 2023: Asyad Express partnered with Evri to launch a transformational e-commerce gateway hub in Oman and the Middle East. The partnership was made to attract major UK, European, US, and Chinese players to Oman by facilitating access to Asyad Group's logistics ecosystem.
  • February 2023: Ourshopee.com, the online shopping platform in GCC, revamped its operations in Oman. The platform offers a diverse selection of products, from electronics and fashion to home goods and beauty.
  • February 2024 - Tokopedia, the e-commerce subsidiary of GoTo Group, officially concluded its merger with TikTok, signifying the return of TikTok Shop to Indonesia. This deal absorbs TikTok Shop's Indonesia business into the Tokopedia entity, with Tokopedia now jointly owned by TikTok and GoTo. As previously announced, TikTok will invest over USD 1.5 billion in the enlarged entity over time to provide future funding for the business. 
  • January 2024 - To improve its ecommerce capabilities, SIRCLO, an Indonesian omnichannel commerce enabler, announced a collaboration with Shopify, a major player in the worldwide ecommerce market. In a recent statement, SIRCLO claimed that this partnership will combine the assets of both businesses to provide better e-commerce platforms in Indonesia, revolutionizing the online shopping experience. The merging of SIRCLO's specialized technology arm, SWIFT Omnichannel, with Shopify's advanced commerce infrastructure forms the foundation of this collaboration. 
  • May 2024: Nium revealed a strategic collaboration with Emirates NBD, a prominent banking group in the MEANT market, which encompasses the Middle East, North Africa, and Türkiye. The partnership aims to introduce an innovative global payment solution poised to reshape the financial services industry in the Middle East and beyond.
  • May 2024: At the Visa Payments Forum for Central and Eastern Europe, the Middle East, and Africa, Visa unveiled a suite of new products and services set to revolutionize the card landscape. The company is rolling out an innovative portfolio, emphasizing digital identity, streamlined checkout experiences, flexible payments, enhanced micro-merchant acceptance, and bolstered security for account-to-account transactions. Furthermore, Visa introduced 'Visa Pay,' a cutting-edge payments-as-a-service platform. This platform is designed to offer top-tier mobile-first payment experiences and seamless send-and-receive capabilities tailored specifically for Central and Eastern Europe, Middle East, and African countries.
  • January 2024: TradeStation Securities announced a collaboration with CQG. This arrangement is designed to further expand the multi-broker network of CQG and provide TradeStation Securities' clients with a wide range of other trading options for futures and shares. Clients will benefit from advanced CQG functionality owing to the speed and reliability of TradeStation Securities' brokerage services.
  • December 2023: Decode Group introduced Decode EX, an advanced trading platform, to cater to the evolving needs of the global trading community. This strategic rebranding sought to capture the attention of the dynamic and tech-savvy younger generation and establish Decode EX as a preferred trading platform.
  • June 2023: Nets, part of Nexi Group, the European PayTech that offers merchants acquiring solutions and point-of-sale (POS) terminals, launched its new Npay terminal in Finland. The new terminal technology provides merchants with a versatile solution for accepting payments in physical stores and facilitates payment acceptance through Visa and Mastercard. Npay terminal distribution starts with SMEs in Finland and Sweden, followed by Nets Partners and SMEs in Italy.
  • January 2023: METRO, a food wholesaler, announced the rollout of the integrated POS solution DISH POS in France as part of the implementation of its growth strategy. DISH POS is a smart cloud-based POS system that makes it easy for HoReCa operators to manage, administer, and optimize their business and operational processes, thus saving time and money.
  • November 2022 : Adyen, a global financial technology platform, partnered with Instacart, North America's leading grocery technology company, as an additional payments gateway processing partner. As part of the new partnership, Instacart would leverage Adyen functionality, including PINless debit enablement of transactions, to further optimize and improve authorization rates for an even more seamless customer experience.
  • September 2022 : Unified Payments Interface (UPI) leader PhonePe is working toward launching its own payments gateway as an extension to its QR code-based UPI Payments service and in-app payments. The gateway is expected to launch in the 1st Quarter of 2023.
  • February 2022 - Good Life Centre, a charitable organization based out of Tamil Nadu, sought a digital solution to streamline the donor management tracker. The PayPal team assessed the NGO's requirement to create mock screens for a donor management app. Once the workflow was designed, the UX and UI specialists brought the software to life. The outcome of the product was a seamless payment gateway for donations. It also comprised an admin flow that allowed for these donations to be tracked and managed and for offline contributions to be added.
  • January 2022 - CCAvenue, Infibeam Avenues' flagship brand and entity in the Indian digital payments industry, has announced that it has integrated NSDL Payments Bank's direct debit facility to benefit Indian eCommerce. The coming together of these two payment entities will provide new lucrative opportunities for lakhs of Indian web merchants currently availing CCAvenue's payment gateway services.
  • February 2024: FUJIFILM Corporation launched the eye-catching and ultra-compact INSTAX Pal digital camera. The palm-sized digital camera joined the renowned INSTAX series of instant cameras and smartphone printers, allowing users to capture spontaneous moments and memories anytime and anywhere.
  • August 2023: FUJIFILM Corporation announced the launch of its mirrorless digital cameras, the FUJIFILM XH2S and FUJIFILM XH2, which won bronze medals at the International Design Excellence AwardsIDEA 2023, organized by the Industrial Designers Society of America. The two flagship models in the FUJIFILM X series, which offer excellent image quality owing to a unique color reproduction technology, are the FUJIFILM XH2S and xH2D.
  • July 2024: AudioEye Inc., a digital accessibility company, and Finalsite, a K-12 school community relationship management platform, strengthened their collaboration to boost digital accessibility in K-12 schools. The enhanced partnership, backed by ambitious growth objectives and a thorough go-to-market approach, leverages AudioEye's advanced platform for accessibility testing and remediation. This move comes in response to the Department of Justice's recent rule, under Title II of the Americans with Disabilities Act (ADA), mandating stringent accessibility standards for websites and mobile apps, especially for state and local government bodies, which include public schools.
  • June 2024: Unacademy, a prominent edtech startup backed by SoftBank, actively explored a merger with K12 Techno, the entity behind Orchids International Schools. These talks, spanning four weeks, aim to culminate in a joint venture where both parties will hold an equal 50% stake. Unacademy had initially invested in K12 Techno, the parent of Orchids International Schools, three years ago. Also, it is worth mentioning that Peak XV, an investment firm, holds stakes in both Unacademy and K12 Techno. Unacademy attempted to acquire K12 Techno in 2021, but those discussions failed.
  • May 2024: Clever, a platform that serves over 100,000 schools, unveiled its latest security offering explicitly tailored for K-12 institutions. This solution focuses on bolstering identity and access management, which is crucial for the unique challenges faced by K-12 schools. Clever's layered security approach is a comprehensive shield, consolidating various protective measures under one reliable provider. Crafted with a focus on K-12 education, these solutions protect students and the entire district community, including teachers and staff. Clever's release comes at a reasonable time. With cyber threats looming over educational institutions, especially those with limited resources, the need for strong defenses has never been more urgent.

France Ecommerce Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)