0
Broadband

Coop abandons Siroop e-commerce site shortly after Swisscom's withdrawal

Monday 7 May 2018 | 10:29 CET | News
The Siroop online marketplace jointly run Swisscom and the Coop was insufficiently profitable and generated estimated annual costs of CHF 50 million, reported Handelszeitung. Swisscom had already pulled out of the joint venture and now the Coop has announced that it is discontinuing the project.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Digitec / Swisscom
Countries: Switzerland
::: add a comment

Comments

This comment has been deleted because it contains advertising.
Comment deleted @ 16/5/2018 - 12:13


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Swiss MVNO Coop Mobile switches to Swisscom from Salt

Published 10 Jan 2019 08:56 CET | Switzerland
Swiss Coop announces that its MVNO Coop Mobile will no longer use the network of mobile operator Salt, but will switch to ...

Swiss e-commerce penetration high, but mainly cross-border

Published 19 Jun 2018 10:01 CET | Switzerland
Switzerland has one of the highest digital buyer penetration rates in the world, according to eMarketer's first retail e-commerce ...

Coop to acquire Swisscom's 50% stake in Siroop jv

Published 13 Apr 2018 12:22 CET | Switzerland
Swiss retailer Coop has agreed to fully acquire internet store Siroop. Coop will buy Swisscom's 50 percent stake in the joint ...

Amazon to enter Swiss market, post office to provide customs clearance

Published 27 Nov 2017 10:03 CET | Switzerland
Amazon is preparing its entry to the Swiss market. It has signed a cooperation agreement with Swiss Post, which will provide ...

Swiss e-shops cut returns period for consumer electronics

Published 13 Jul 2017 10:20 CET | Switzerland
According to a study on Swiss online shops, conducted by Carpathia, goods return periods for consumer electronics have shortened ...

Swiss e-commerce grows 8% in 2016

Published 14 Jun 2017 14:32 CET | Switzerland
E-commerce in Switzerland grew by 8 percent last year, but mainly a few large and foreign players are benefiting from the growth, ...

ComCo approves Swisscom and Coop's online marketplace

Published 15 Oct 2015 11:19 CET | Switzerland
The Swiss Competition Commission (ComCo) has given the green light for the Coop and Swisscom's plans to launch a joint online ...