Europe

Kroger’s New Deal With dunnhumby Might Mean Tesco Is Selling
April 28, 2015

Kroger is rearranging its agreement with dunnhumby…and that might mean that Tesco is one step closer to selling the data analytics company. U.S. grocery chain Kroger Co. announced yesterday (April 27) that it is acquiring the data analytics assets of dunnhumbyUSA and more than 500...

Cross-border Payments
Lydia Launches eCommerce App On Apple Watch
April 24, 2015

French startup Lydia launched with a simple idea: become the alternative to Venmo for French users.  The firm’s amibitions have expanded since launch, however, and nowadays users can also shop on eCommerce websites through Lydia. And the app is now ready to go on the Apple Watch, which...

Cybersecurity
Germany Tightens The Crowdinvesting Rules
April 20, 2015

The German government is set to roll out new rules that would limit how startups can raise funding through crowdfunding platforms, as well as who can invest, The Wall Street Journal reported on Friday (April 17). Under the rules, which are intended to balance protection...

Europe
Rocket Internet Buys Food-Delivery Startup Volo
April 17, 2015

German food-delivery startup Volo has been acquired by Rocket Internet, just days after the Samwer Brothers’ startup factory invested in one of Volo’s soon-to-be-direct competitors, according to TechCrunch. Terms of the Volo deal weren’t disclosed. Volo is only six months old — it launched in...

UK Banks May Be Underreporting Cyber Fraud
April 15, 2015

Roughly 80 percent of online crime in the U.K. goes unreported, and only about 4 percent gets an adequate police response –in part because banks would rather close their eyes to the problem, City of London Police Commissioner Adrian Leppard has confirmed. The gap between...

PayPal/eBay First To Bend To Russia’s New Data Rules
April 08, 2015

Despite complaints that the new rules are costly and difficult to follow, PayPal and its parent company eBay have announced that they will be the first U.S.-based companies to submit to new Russian rules that require Web companies to store Russian users’ data in Russia. Specifically, the...

Community Car Rental Startup Drivy Raises $8.7M
April 03, 2015

Drivy is driving money. The French car rental startup has raised $8.7 million from BPI’s Ecotechnologie Fund, Via-ID, Index Ventures and Alven Capital, according to a post made by Index Ventures. In addition, the company purchased its competitor, Buzzcar. Drivy operates by allowing users to rent...

Europe
Uber To EU: We’re “Not A Transport Company”
April 02, 2015

Uber filed a complaint against Spain with European Union regulators this week, charging that the country violated E.U. laws by banning some of Uber’s services, The Wall Street Journal reported on Wednesday (April 1). That follows similar Uber complaints against France and Germany in early...

Europe
EU Investigating eCommerce Trade Practices
March 27, 2015

The European Union will spend a year studying why online shoppers in the 28-nation Euro zone don’t often buy products outside their own countries in what’s supposed to be a single digital market, the EU’s competition commissioner announced on Thursday (March 26). The inquiry, which...