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April 1, 2023
What comes to mind when you think about ecommerce in Europe? Do major U.S. giants like Amazon pop up? Europe is actually one of the biggest ecommerce markets in the world and home to major online retailer companies like Ikea and Otto.
These major online retailers, that are big in several countries across Europe, are not the only stars in Europe. There are also ecommerce companies that are big in their home country, even though they are not as familiar among other European consumers. Consider Dutch online retailer, Wehkamp. Started as a mail-order company in 1952, every year it is listed among the top ten online stores in the Netherlands. Outside the country borders, however, it is not widely known.
Dutch research company Veraart Research shared their retail index that lists the top 30 retailers in Europe, which ranks ecommerce companies by turnover. The following are the top 5 online stores in Europe (in billions of euros) from Veraart Research’s top ten list:
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Author Bio: Payment industry expert Taylor Cole is a passionate merchant account expert who understands the complicated world of accepting credit and debit cards at your business. His understanding of the industry and cutpay reviews has helped thousands of business owners save money and time.