Rocket Internet sees food and groceries as the next frontier of ecommerce, as it invests heavily in two online food retailers. It financed subscription based ecommerce player HelloFresh with 100 million euros, while it acquired a 30% stake in food takeaway service Delivery Hero. And oh, it also acquired two Southern-European food and groceries companies.
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.
Osell, the B2B subsidiary of major Chinese cross-border sales platform DinoDirect.com, has acquired TDPRO at the end of last year. TDPRO is a Russian company that provides logistics, warehousing and supply chain management services. With the acquisition, Osell is going to build the first Chinese products experience center in Moscow.
eMAG, the largest online retailer in Romania, sets foot in Poland. Its sales platform will extend into this Eastern European country, after eMAG.ro’s owner Dante International acquired Agito, one of Poland’s biggest online stores. Poland will be the fourth international market where eMAG.ro will be active in, after Romania, Bulgaria and Hungary.
Foodpanda seems to be very hungry! After acquiring businesses in India and Mexico recently, it now takes over three food delivery startups in Central Eastern Europe. The online food ordering marketplace has acquired Donesi.com, Pauza.hr and Netpincer.hr. It’s targeting market leadership across Central Eastern Europe.
Things aren’t going well for Otto Group, the German online retail company. After it sold Otto Touristik in June of this year, it’s now looking for a buyer for Otto Office, its office supplies subsidiary. Otto Group has instructed investment bank Rothschild to find a buyer for its reseller.
PCP.CH has acquired STEG Electronics, which is three times as big. As a result of the merger, PCP.COM Gruppe is now, with 160 million euros worth of revenue, the largest independent retailer on the Swiss computers and electronics market. While the two brands will remain, the merger of the two companies will result in a significant increase in efficiency and strengthen its market position, as PCP.CH wrote in a statement.
MetaPack today announced the acquisition of ABOL Software, an American provider of multi-carrier shipping software. With the acquisition MetaPack’s global delivery services offering gets expanded and opens up a new market for customers who want to drive cross-border sales and improve their international delivery experience.
Neiman Marcus Group has bought Mytheresa.com, a German luxury apparel and accessories retailer. With this acquisition the American department store is expanding its international reach. With online sales representing 24 percent of total sales, Neiman Marcus already has a large ecommerce business, but its latest addition gives the company exposure to a growing online luxury market outside the USA.
Naspers is considering a sale of its ecommerce site Ricardo.ch. The largest online retailer in Switzerland is owned by Naspers since 1998, but according to Bloomberg the South-African media group is looking for a new buyer. Apparently, preparations for a sale are at an early stage.
Etsy, the website where you can buy and sell handmade or vintage products, has made its biggest acquisition, by buying the Paris-based website A Little Market, an online marketplace where also handmade goods can be bought and sold. Etsy is more and more expanding internationally and its strategy is to go deeper into local markets.