Carrefour fully owns Rue de Commerce now

Carrefour fully owns Rue de Commerce now

French retail group Carrefour has acquired full control of online store Rue de Commerce's shares, a move designed to strengthen Carrefour's omnichannel strategy.

5 million unique visitors per month

According to Carrefour, Rue de Commerce attracts about 5 million unique visitors per month, making it an important player in the French non-food eCommerce industry. It now hopes to take advantage of Rue de Commerce's strong brand and knowledge as assets within its own company structure.

 

The European Commission already approved Rue de Commerce's acquisition in November 2015, because it did not see any anti-trust issues as both companies differed enough. The acquisition itself was announced in August 2015.

 

Rue de Commerce, founded in 1999, managed a 458.3 million euro turnover in 2014 thanks to those 5 million unique visitors per month. Its online store is similar to Bol.com, acquired by Ahold several years ago. It offers third party sellers a platform to sell their products on Rue de Commerce.

Questions or comments? Please feel free to contact the editors


Rakuten bridges gap to Japanese online consumer

30/10/2017

In Alibaba and Amazon’s shadow, Japanese Rakuten Ichiba is quickly developing. Several Western chains are using the platform to sell their products to Japanese online consumers.

Whole Foods contributes to Amazon's enormous turnover increase

27/10/2017

American Amazon’s third quarter turnover grew a lot once more, partially thanks to Whole Foods. This was the first time the chain’s turnover was added to Amazon’s overall turnover.

More than half of American families subscribed at Amazon

21/10/2017

An astonishing ninety million Americans have joined Amazon’s subscription program, Amazon Prime. Considering there are 126 million families in the United States, it is clear that Amazon has a tight grip on its home territory. What can Europe learn from this?

Safe.Shop is new global eCommerce trust mark

16/10/2017

Safe.Shop is the world’s first global eCommerce trust mark. Currently, only twelve countries signed up, but that number should increase in the future.

Fashion platform About You launches in the Netherlands and Belgium

11/10/2017

German fashion web shop About You, the second largest online European fashion retailer, officially launched in Belgium and the Netherlands following an unofficial launch in the Netherlands some time ago.

Alibaba invests billions in physical retail

28/08/2017

Over the past two years, Chinese eCommerce giant Alibaba has spent nearly seven billion euro in physical retail. Its Hema Xiansheng chain already has thirteen supermarkets and it acquired luxury department store Intime from the government in January.

Back to top