RFS Holland Holding, the owner of Dutch online retail stores Wehkamp.nl, Fonq and Create2Fit, is in discussion to be acquired by UK private investment group Apax Partners for € 450 million.
The German discounter is thinking about boosting its rapid growth in the UK by taking its wine business online and steal further market share from its rivals. After all UK online grocery sales are set to hit £17 billion by 2019.
EMOTA, the European multi-trade and online trade association, has launched an European Trustmark. The basis of this certificate is a network of national trust marks and enhances cross-border trade.
The British banking firm the Rothschild Group and the CID Group, a private equity firm from Taiwan are making a joint investment of $50 million in Chinese online retailer Yapingguo.com in a Series A financing round.
The world’s largest internet platform outside the U.S. makes a commitment to the online fashion industry by investing in the GFG (Global Fashion Group) and two Brazilian online shops.
Infibeam is the first of India’s ecommerce companies to approach the Securities Exchange Board of India (SEBI) to file Draft Red Herring Prospectus (DRHP) and set a plan to raise funds from the general public.
The e-commerce giant is bringing its one-hour Prime Now delivery service to Europe. When using the Prime Now app, it will show its availability in selected postcodes of London.
The Chinese web service company will invest more than $3 billion in its group-buying service Nuomi. The focus will be on connecting merchants and consumers.