Money Buzz! Europa

Tag: paris

  • Donuterie opened a store in the town of Bourges, France

    Donuterie opened a store in the town of Bourges, France

    The Romanian brand Donuterie has opened a franchise unit in Bourges, France. It is the second unit in the country, after the Le Mans store and the fourth internationally.

    The first Donuterie opened on March 28, 2014, in Târgu Mureş, followed in June 2015 by the first unit in Cluj-Napoca. Currently, the company has 18 locations in Romania.

    The company produces several assortments of donuts, mini-donuts and some types of special drinks, Flavored Iced Latte, Gingerbread Latte, Orange Hot Chocolate or Passionfruit Lemon Iced Tea.

    An optimal location of a Donuterie franchise is between 40 and 60 sqm. The minimum is around 30 square meters.

  • Carrefour and Uber Eats launch their delivery service in Belgium

    Carrefour and Uber Eats launch their delivery service in Belgium

    After France, Carrefour Belgium will soon be the third country to benefit from Uber Eats partnership: it will be operational in September, with the service being launched in Brussels and Liège.

    Belgium will be testing a 30-minute shopping delivery service, as well as meal box solutions.

    How Carrefour – Uber Eats partnership started

    As of 6 April across the capital and throughout the Paris region, consumers have been able to do their food shopping on Uber Eats.

    At the start of lockdown, both brands joined forces to help consumers get hold of everyday products getting them delivered to their home within 30 minutes, dispatched from fifteen or so Carrefour stores. 

    The service was rolled out to 100 stores at the end of April, then 200 at the start of June and then 300 stores at the start of July.

    As of 20 July, the service is now available via 330 sales outlets and covers 91 major urban areas, 25% of the French population.

    250 essential everyday items can be delivered

    More and more products are being added every week: from the 130 products available at launch, consumers can now choose from more than 250 essential everyday items, with the aim being to increase this to 500 by early September.

    Carrefour Market and Carrefour City both feature on the Uber Eats app and other Carrefour Group formats are shortly to be included.

    The service, exclusively available outside Paris 

    Following these promising results, Uber Eats and Carrefour have signed an exclusive agreement to launch a shopping home delivery service for the whole of France. The idea is for shopping to be delivered within 30 minutes using the meal delivery apps available.

    Carrefour and Uber Eats both remain free to make use of the agreements they have entered into with other players across the Paris region. 

    Uber Eats – Carrefour partnership to expand

    The partnership with Uber Eats is not limited to France. An initial agreement was signed with Carrefour Taiwan at the end of 2019 covering 8 major urban areas and 38 stores involved in preparing orders.

    Other Carrefour Group countries will follow over the next few months.

  • Koala closed a €1.6m seed round led by Insurtech Gateway

    Koala closed a €1.6m seed round led by Insurtech Gateway

    Koala, a Paris based insurtech, announced an investment of €1.6m, led by Insurtech Gateway alongside Playfair Capital, Techstars Ventures, and private investors.

    Koala’s data-driven products proactively alert travelers to any disruption and pay-out instantly, no forms, no exclusions, no questions asked.

    Tracking all journeys in real-time, Koala instantly informs passengers as disruption occurs and issues cash compensation on the spot, whatever the cause of the delay might be.

    This raise will be used to support growth plans, team expansion and new product development.

    Ugo Weyl, Co-Founder and CEO at Koala said: “We are very excited to have Insurtech Gateway joining the Koala family, bringing their unique insurance expertise to the team. We are looking forward to having their support as we launch our product at Falcon 9 speed and scale internationally.”

  • Orange signs a renewable power purchase agreement with Boralex

    Orange signs a renewable power purchase agreement with Boralex

    This Corporate PPA between Orange France and Boralex is the first large-scale renewable power purchase agreement signed by Orange in France.

    Boralex, a pioneer in renewable energy and France’s leading independent producer of onshore wind power, will supply Orange with 67 GWh/year of renewable electricity generated by the 26 wind turbines at the Ally-Mercoeur wind farm in the Auvergne Rhône-Alpes region).

    The implementation of this five-year agreement will begin on January 1, 2021. The agreement will cover all the electricity produced by the wind farm, which has an installed capacity of 39 MW.

    When it presented Engage 2025, its new strategic plan, Orange made a major commitment to respond to the climate challenge: it will seek to anticipate the objectives of the GSMA by 10 years, with a net zero carbon footprint by 2040, despite the increase in network data transmissions.

    This will involve increased use of renewable energies, which by 2025 will account for more than 50% of the electricity consumed by the Group.

  • Carrefour’s loyalty card available in Apple Wallet

    Carrefour’s loyalty card available in Apple Wallet

    Carrefour becomes the first retailer in Europe to combine its loyalty program with Apple Pay for use with Apple Wallet.

    Carrefour customers can add their customer loyalty card to their Apple Wallet and use it at store checkouts. This allows them to use their iPhone or Apple Watch as a contactless means to pay for their shopping and take advantage of all the benefits provided by their Carrefour loyalty program.

    They simply need to bring their iPhone or Apple Watch close to the payment terminal and the Carrefour customer loyalty card will automatically appear on the screen so they can collect points.

    There’s no need to scan a barcode, open an app or remember a secret code to use the Carrefour customer loyalty card.

    Customers can collect their points securely using Face ID, Touch ID or by entering their phone password.   

  • Bonjour, Paris! Bolt launches electric bikes in France

    Bonjour, Paris! Bolt launches electric bikes in France

    Starting from July 1st, all Parisian urban commuters will have the opportunity to travel on a Bolt electric bike.

    The e-bikes are environmentally friendly and built from easily recyclable materials like aluminium, steel and plastic.

    The maximum motor-assisted speed is 25 km/h and the e-bike has a range of up to 65 km on a single charge.

    Over 1.000 Bolt e-bikes will be available for rental in Paris.

    To rent an e-bike, you’ll need the Bolt app and a payment card tied to your account to pay.

  • La Piece and Habillez-moi are integrating MySizeID solution

    La Piece and Habillez-moi are integrating MySizeID solution

    My Size, the developer and creator of smartphone measurement solutions, announced that two French retail brands, La Piece and Habillez-moi, are integrating MySizeID into their e-commerce websites.

    Ronen Luzon, Chief Executive Officer of My Size, stated “We are pleased to add these popular French retailers to our client roster. Our strategy of expanding our footprint in Europe is bearing fruit.”

    France online retail market at $129.0 billion

    France is at the forefront of fashion apparel, which is estimated to reach over $9 billion in 2020.

    It is also one of the biggest ecommerce countries in the world and has an online retail market that’s expected to reach over $129.0 billion by the end of 2020.

    According to data from the Centre for Retail Search, online sales in France account for 6% of total retail sales and ecommerce accounted for 4.27 percent of the country’s GDP in 2019. 

  • inHEART raises $4.2 million to improve treatments for cardiac arrhythmias

    inHEART raises $4.2 million to improve treatments for cardiac arrhythmias

    inHEART has closed a round of $4.2 million led by Elaia. These funds will be used to accelerate commercial development in Europe, access the US market, and advance its technology leadership with continued development of AI and numerical simulations of cardiac electrical activity.

    Heart rhythm disorders, notably as the cause of sudden cardiac death, is a major cause of morbidity in the world.

    Current treatment solutions for patients with arrhythmias are not optimal whether considering drugs, implantable devices or even catheter ablation procedures that are lengthy, complex and expensive.

    For instance, a repeat procedure is needed in 40% of patients with ventricular arrhythmias due to recurrence.

    More timely and effective procedures

    inHEART provides a cloud-based software solution that transforms preoperative medical images into a 3D digital twin of the patient’s heart.

    This digital twin enables the cardiologist to better plan the procedure and also to assist in navigating instruments in the patient’s heart, substantially reducing procedure duration and failure rates.

    inHEART technology has been used on more than 2000 patients in 40 centers around the world and included in the latest international expert recommendations.

  • Carrefour launches a food marketplace in France

    Carrefour launches a food marketplace in France

    Available on the Carrefour.fr website, the marketplace will feature more than a hundred retailers and up to 100,000 products that will complement its daily product range by the end of 2020.

    With this online marketplace, Carrefour will give customers easy access to a complementary product offering while enabling vendor partners to display their catalogues on its site.

    The platform is developed in partnership with Mirakl, a French company that has established itself as a world leader in building online marketplaces.

    What kind of food is avaible on Carrefour.fr marketplace

    Carrefour.fr website is selling complementary products that are in line with the trends that its e-commerce customers appear to be following:

    • a preference for organic and natural products,
    • products that are good for people’s health,
    • gourmet foods,
    • regional / local products,
    • world products,
    • gluten- and salt-free products.

    The product categories concerned are grocery items, beverages (wine, beer, spirits and soft drinks), hygiene/beauty care products, pet supplies and childcare items.

  • Carrefour and Google launched the voice grocery shopping

    Carrefour and Google launched the voice grocery shopping

    Carrefour and Google launched in France a new voice-based e-commerce grocery shopping experience within the framework of their strategic partnership signed in June 2018.

    Carrefour is the first retailer in the world to offer its customers the new integrated voice shopping service on the Google Assistant.

    Based on a combination of advanced technologies, this innovative service simplifies and personalizes the grocery shopping experience.

    This integration enabled a triple innovation:

    • the Google Assistant allows the user to add items to their shopping list by voice using common words such as butter, milk and cheese. Because the Assistant is connected to Carrefour’s e-commerce inventory, it is then able to convert that list into a cart of products available for sale on carrefour.fr;
    • the conversion is customized, so the specific items added to the shopping cart by the Google Assistant reflect the user’s product preferences as closely as possible, while leaving the user free to delete, modify or add products as they wish;
    • once the shopping cart is confirmed on the Google Assistant, the customer moves seamlessly to Carrefour’s e-commerce site to finalize their order, confirm their slot and delivery method (drive, drive piéton or home delivery), pay and take advantage of their loyalty benefits.
  • Veolia successfully issues a 12-year bond for EUR 500 million

    Veolia successfully issues a 12-year bond for EUR 500 million

    • Veolia took advantage of a constructive market window to issue EUR 500 million bond with a January 2032 maturity.
    • This bond bears a coupon of 0.80 % and was issued at par.

    The oversubscription ratio was over 8, which enabled Veolia to materially improve the issuing rate and achieve a final pricing which was 10 basis point lower than the secondary market.

    The high oversubscription rate, the quality of the investors in the order book, their good diversification (over 210 orders from Europe and Asia) and the good conditions which were achieved are signals of the significant appreciation of Veolia’s credit quality.

    The proceeds of this issuance will be used for Corporate General Purposes, and in particular as an anticipation of the maturity of some bonds happening at the end of 2020 and early 2021.

    In 2019, the Veolia group supplied 98 million people with drinking water and 67 million people with wastewater service, produced nearly 41 million megawatt hours of energy and converted 50 million metric tons of waste into new materials and energy.

  • Carrefour stores to cut greenhouse gas emissions by 30% till 2030

    Carrefour stores to cut greenhouse gas emissions by 30% till 2030

    In 2015, Carrefour made a commitment to reduce its store-related carbon footprint by 40% by 2025 (vs. 2010). Since 2019, this reduction is already of 39%.

    Carrefour is committed to going further by working together with its customers and suppliers to improve the way we produce and consume: more local, eco-designed, reducing packaging, more vegetable proteins.

    For its stores, Carrefour has set the target of cutting its greenhouse gas emissions by 30% between now and 2030 and by 55% between now and 2040 (compared with 2019 levels).

    Gas, electricity and refrigerants used in store are the retailer’s main sources of direct emissions of greenhouse gas.

    As for production of goods by suppliers Carrefour wants to reduce emissions linked to the purchase of goods and services by 30% by 2030, compared to 2019.

    This corresponds to a reduction of 20 megatons of CO2 in collaboration with its suppliers, by offering more plant-based alternatives, local products or by reducing the use of packaging and plastic;

    As for product use by customers, the retailer will reduce product-related emissions – fuels and electronics – by 27.5% by 2030, compared to 2019, by offering decarbonated alternatives and eco-designed products.

    Downstream freight transport of goods: Reduce CO2 emissions related to downstream transport by 20% by 2030, compared to 2019, by optimizing logistics models and developing alternatives to the use of diesel

    Carrefour plans to triple the fleet of biomethane trucks in France by 2022 (332 trucks by the end of 2019).