By Chris Dawson June 2, 2021 - 12:42 pm

Etsy buys Depop fashion app for $1.625 billion

Etsy are to massively broaden their appeal to Gen Z fashion consumers with the acquisition of the Depop fashion app marketplace for $1.625 billion. Depop significantly grows Etsy's GMS in the apparel sector, which was ~$1 billion in 2020. Depop is primarily known for

Lengow acquisition by Marlin majority investment

News is out today of the Lengow acquisition by global investment fund Marlin Equity Partners. Based in France (Nantes and Paris) and Germany (Munich), Lengow is a European market leader powering over 4,600 brands and retailers (such as Nespresso and L’Oréal Paris) cross-channel management of

CMA pauses sale of StubHub to viagogo for investigation

The Competition and Markets Authority (CMA) kicked off an investigation into the proposed sale of StubHub to viagogo, owned by Pugnacious Endeavors. They opened for questions regarding the proposed sale in December and have now issued an enforcement order to pause the merger until such

NYSE Owner $30 billion bid for eBay considered

The owner of the New York Stock exchange (NYSE) approached eBay with a take over offer which could have been north of $30 billion. The Wall Street Journal says that the two aren't in formal talks and $30 billion bid for eBay negotiations have been

Cloud Commerce Pro and ChannelGrabber Merger

ChannelGrabber and Cloud Commmerce Pro have joined forces and the newly merged businesses are preparing to take the ecommerce and marketplace world by storm in 2020. ChannelGrabber have built a reputation in the marketplace SME space as a self service solution, whereas Cloud Commerce Pro

Carrefour to sell Rue du Commerce marketplace to Shopinvest

French supermarket retailer Carrefour has announced that they are ready to sell Rue du Commerce, the marketplace they only acquired three years ago in 2016. They have received a firm offer from Shopinvest for the acquisition of 100% of the share capital of Rue du

Volo Commerce multichannel solution acquired by FOG Software

Volo Commerce Origin, the multichannel management system launched as eSellerPro in 2006 and renamed to Volo Commerce in 2015, has been acquired by the FOG Software Group for an undisclosed amount. Volo Commerce will continue to run as an independent business unit with the support

Etsy to acquire Reverb vintage music marketplace

Etsy have announced the signing of a definitive agreement to acquire Reverb, a privately held marketplace for new, used, and vintage music gear. The deal is for $275 million in cash and should close in the coming months. Etsy is uniquely focused on serving passionate, creative

Asendia Group acquires wnDirect as part of global ecommerce strategy

Asendia Group acquires wnDirect as part of their global ecommerce strategy, which aims to create a larger ecommerce focussed business with an expanded range of delivery and postal services, mail solutions and fulfilment capabilities. Asendia Group and wnDirect have attended TDCGlobal (The Deliver Conference) yesterday, which

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