ONLINE RETAIL
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E-commerce: Romania's Online Retail Doubled In 2014 To Over EUR1B
Romanian spent 1.1-1.2 billion euros shopping online in 2014, doubled compared to 2013, when online shopping stood at around EUR600 million.
Online Retailer Elefant.ro Aims To Triple Revenue In 2014
Online retailer Elefant.ro wants to triple its revenue this year against 2013, to EUR20 million, amid the expansion of its product portfolio, set to turn the business initially started as an...
PayU: Online Retail Sales In Romania Up 141% In First Seven Months
Online retail sales in Romania rose 141% on the year in the first seven months of 2013, e-commerce solutions provider PayU Romania said in a statement Tuesday.
Naspers Buys 70% In Online Retailer eMag
South African multinational media group Naspers bought 70% in eMag, the largest online retailer in Romania, which registered about EUR150 million in sales last year.
Epilogue To A Failed Transaction: eMag’s Takeover By Investment Fund BAF
After having signed an agreement for a potential deal with eMag in 2008, investment fund Balkan Accession Fund (BAF) found out in April 2009 it had all been for nothing, as it the retailer h...
Iulian Stanciu And Sebastian Ghita Buy Another 30% Of eMag
Bogdan Vlad and Dan Teodosescu, two of the founders of eMag, the largest online retailer in Romania, sold all of their remaining shares, about 30%, to the majority shareholder, Asesoft Distr...