Ecommerce News

Vinted: ‘We are IPO-ready’

Vinted: ‘We are IPO-ready’
Secondhand fashion marketplace Vinted says that it is technically ready for an IPO. However, the company currently has no plans of going public. The CEO envisions a different type of growth for the company, to become a stronger tech company that will last for decades.
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Asos is raising 80 million pounds

Asos is raising 80 million pounds
British fashion platform Asos has successfully raised 75 million pounds (86.7 million euros) from institutional investors. Additionally, it has launched an equity raise of 5 million pounds (5.8 million euros) from retail investors. With the capital injection, the company wants to improve stock control and reduce costs.
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Pineca launches in the Netherlands

Pineca launches in the Netherlands
The Lithuania-based online supplier of prefabricated wooden buildings, Pineca, is launching an online store in the Netherlands. This is the company’s second expansion within Europe in this year. The company is already active in the United Kingdom, France, Germany, Italy, Spain and Portugal as well.
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