EMAG
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eMAG Hungary Merges with Extreme Digital, Targets EUR1B Sales in Six Years
Online retailer eMAG Hungary announced Thursday it was merging with Extreme Digital, which expands eMAG's business to five more countries: Czech Republic, Slovakia, Slovenia, Croatia and Aus...
eMAG Expects Sales To Go Up To RON4.8B In 2018
The eMAG group, which operates in Romania, Hungary, Bulgaria and Poland, expects 4.8 billion lei (EUR1.03 billion) sales in 2018, up from the about RON4.06 billion last year. The retailer is...
eMAG Expects RON400M Black Friday Sales, Higher By RON40M Vs 2017
eMAG, the largest online store on the Romanian market, expects sales of RON400 million on November 16, when it organizes the Black Friday sales campaign, which translates into an increase of...
Iulian Stanciu: eMAG To Carry Out Investments Of Over EUR120M In 2018
eMAG, the largest online store in Romania, will invest over EUR120 million in 2018 in its international expansion, technology and a new warehouse which will be ready in December 2018, Iulian...
eMag 2017 Net Loss Widens 30% On Year To RON111.3M
eMag, a company controlled by South Africa’s Naspers giant and by Romanian entrepreneur Iulian Stanciu, registered a net loss of RON111.3 million (EUR24.4 million) in 2017, up 30% against th...
eMAG Overtakes Altex By Revenue
Dante International, the company behind the largest online store in Romania, eMAG, posted 3.309 billion lei (EUR712 million) revenue in 2017, beating its biggest rival, computer and electron...
EMAG Invests RON300M In Giurgiu Warehouse, The Biggest In Southeast Europe
The largest online retailer in Romania, eMAG, on Wednesday said it is investing RON300 million in a 120,000-square meter warehouse which will be built in Giurgiu County and will have a capac...
Naspers eMAG Stake Up To Almost 80%
South Africa’s Naspers, one of the most powerful actors in the global ecommerce industry, has increased its stake in Romanian leading online retailer eMAG to almost 80%, following an about E...
eMAG CEO Says Retailer Will Raise Prices on Imports and Due to Chinese Legislation
Prices of products sold by eMAG, Romania's largest online retailer, will rise in the following period due to the Romanian leu's depreciation against the euro and the US dollar, wage raises a...