This Week in Ecommerce – Shopify Give Employees a Christmas Gift, Bigcommerce Appoint new SVP of Biz Dev and Much More

The week is coming to an end, and what a week it has been in the ecommerce industry, a lot has happened for the most popular ecommerce platforms. This week saw Shopify giving employees a nice Christmas bonus, Bigcommerce appointed a new SVP of business development and much more.

In Europe, 5.1% of online Christmas gifts are bought abroad

About one in twenty Christmas gifts that are bought online in Europe this year don’t come from a local retailer but are shopped abroad. In total, Christmas shoppers in Europe will spend more than 2.8 billion euros at foreign online stores.

Ikea CEO Sees Online Accounting for 10% of Revenue by 2020

Ikea Group, the Swedish furniture chain, is ramping up its e-commerce business and sees its website delivering 10 cents of every euro in revenue by 2020. Online sales exceeded 1 billion euros for the first time in the year ended in August, accounting for about 3 percent of total sales, Chief Executive Officer Peter Agnefjaell said in an interview Thursday. He expects that number to rise to 10 percent of sales by 2020, by which time the retailer will have expanded web sales to all its markets.

Employees get $1,000 to shop as holiday bonus

Shopify is giving away $1 million to its employees — in Shopify credits. The company sells e-commerce technology used by 200,000 merchants. Those include startups like GoldieBlox, which sells engineering toys for girls; Leesa, a mattress retailer; Tesla Motors (TSLA); and roughly 1,000 nonprofits like Charity Water. Now, each of its 1,000 employees will get $1,000 to spend wherever they choose.

Bigcommerce Appoints Russell Klein as SVP of Corporate and Business Development

Bigcommerce, the leading commerce platform for fast-growing and mid-market brands, today announced Russell Klein has joined the company as senior vice president of corporate and business development. A heavyweight in the investment banking and entrepreneurial world, Klein will oversee key corporate and business initiatives at Bigcommerce, including strategic business development, mergers and acquisitions, investments, and other revenue-generating partnerships.

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Catalin Zorzini

I’m a web design blogger and started this project after spending a few weeks struggling to find out which is the best ecommerce platform for myself. Check out my current top 10 ecommerce site builders.