Ecommerce delivery platform MetaPack has been acquired by Stamps, a shipping software solution from the US. Stamps.com, which also offers provides postage online, bought the UK business for approximately 197 million euros.
Here you’ll find all the ecommerce news articles we’ve written about acquisitions. This news may come in handy when you want to see what kind of acquisitions were made the last couple of months or even years.
Two major German department store chains, Kaufhof and Karstadt, will form a joint venture after Hudson’s Bay sells half of its European business to Signa Holding. The latter will hold only a little bit more than half of the entity and will manage the operating business.
Online food delivery service Takeaway.com has acquired Foodarena, a similar company from Switzerland, from its main competitor Delivery Hero. The acquisition doesn’t mean Takeaway.com is entering a new market, as the Dutch company was already operating a food delivery service in Switzerland.
Klarna has acquired Shop.co, a small German startup that wants to simplify online shopping by offering a universal shopping cart. There’s little known about the deal, but according to Klarna it’s mostly about the acquisition of intellectual property and taking over a mere Shop.co employees.
PayPal has signed an agreement to acquire iZettle, a Swedish fintech company that’s aimed at small businesses. PayPal will pay 2.2 billion euros for iZettle, which makes it the biggest acquisition of PayPal ever.
UK supermarket chains Sainsbury’s and Asda have agreed to merge. The competition regulators still have to agree to the acquisition, but if it gets the green light, the merged identity will become the biggest grocer in the United Kingdom.
Swiss retail company Coop will be the total owner of online marketplace Siroop with effect from the first of May. On that day, the major retail and wholesale company will acquire the 50 percent share package of Swisscom. Coop and Swisscom jointly launched Siroop in 2016.