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Coop Converts Microspot into an Online Department Store

by | May 28, 2019 | News Hub

Switzerland’s electronic department store Microspot converted its business from a physical retail outlet to an online department store in May and now sells a broad assortment. Microspot is the third Swiss electronic retailer to turn its brick and mortar business into...

Denmark to Adjust VAT Registration Rules in Triangulation Scheme

by | May 24, 2019 | News Hub

Denmark’s simplified triangulation mechanism is an EU scheme which is applied when there is a supply chain of goods made up of three businesses from different Member States (classed as A, B and C). The businesses are VAT-registered in their Member States and goods are...

China Launches Cross-Border Hub in Latvia

by | May 22, 2019 | News Hub

China has launched a cross-border e-commerce hub with its trading partner Latvia. The hub has been opened at the Baltic Container Terminal in Latvia’s capital, Riga, in order to develop the commercial relationship between China and Latvia and to make products from...

Czech Republic E-Commerce Revenue Worth €5.25 billion in 2018

by | May 10, 2019 | News Hub

According to a recent report entitled “Payments Landscape in the Czech Republic: Opportunities and Risks to 2022”, E-Commerce in the Czech Republic was worth 5.25 billion Euros in 2018. In Czech Republic currency, this amount is worth 135 billion Czech koruny. This...