The eCommerce Expo, held on 27 and 28 September in London, has a new owner. Today, CloserStill Media, Justin Opie and Graeme Howe have announced that they are acquiring eCommerce Expo from UBM. Howe and Opie are the former owners of IMP Events, from where they launched eCommerce Expo in 2006.
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.
Vente-Privée has acquired Le Petit Ballon, a French ecommerce website that sells wines on a subscription basis. The French shop sells over one million bottles a year and will further boost Vente-Privée’s wine sales.
Klarna today announced it acquired BillPay, a German online payment company that’s active in several European countries. With the acquisition, Klarna wants to strengthen its position in Europe and further grow in the region.
DPDgroup, the second largest international parcel delivery network in Europe, has taken full control of Wndirect, a global ecommerce parcels company. DPDgroup already was a shareholder in WnDirect for a couple of years, but has now acquired the logistics company.
Berlin-based food delivery company Delivery Hero has acquired Berlin-based food delivery company Foodpanda. And both companies are backed by Rocket Internet. With the deal, the German incubator will increase its Delivery Hero stake to 37.7 percent.
European online furniture store Home24 has acquired Returbo, a German ecommerce company that sells overstock, promotional and second-hand goods and returns. The two companies already worked together since last year, but now Rocket Internet’s portfolio company took over Returbo.
Klarna is reported to have made a bid for German payment service BillPay. That company is now owned by Wonga, a major British short-term lender which lending practices have been controversial. Wonga is said to consider the offer Swedish fintech company Klarna has made.