From a corporate finance perspective, we look at two mergers and acquisitions that took place last September. Zur Rose's acquisition of Promofarma, the e-commerce marketplace for health, beauty and personal care products sold in the United States, was the first...
Michelin is betting on E-commerce. In the last two years it has bought 4 companies to grow its online sales in both the tyre and passenger experience sectors.
In the last month we have heard about several companies that have received investor backing in the e-commerce sector. Of particular note is the online sportswear sub-sector, where competitors TradeIn and Deporvillage have completed funding rounds. We have also learned about the existence of a new fund to invest in e-commerce startups.
Who said that investment in e-commerce was a thing of the past? The percentage of people who shop online every day continues to grow and this means that companies are having to jump on the "online bandwagon". According to data from the National Commission for Markets and Competition (CNMC), there are 27 million internet users in Spain and almost 12 million of them shop online. In the last six months we have witnessed two Spanish technology companies to boost online sales that have received a large amount of funding.