GeoPost, a European network for parcel delivery owned by France’s Le Groupe La Poste, has acquired a 80% majority stake in take-away food ordering and delivery startup Resto-in. Established in 2006, Resto-in offers an integrated premium delivery service to (currently more than 1,500) restaurants, operating in a number of French cities but also elsewhere in […]
Music streaming giant Deezer just abandoned its IPO plans, but that didn’t stop another French tech company from going public today: La Plaine Saint-Denis-based online fashion retailer Showroomprive today sold shares for just south of 260 million euros in an IPO on Euronext Paris. Based on the offering price of 19.50 euros per share (PDF), […]
Travel search juggernaut and ‘Eunicorn’ Skyscanner has announced three new offices – two engineering hubs in London’s Moorgate and Bulgarian capital Sofia, and a new mobile-focused office in Budapest – as part of “ambitious development plans”. Skyscanner was originally started in 2003 in Edinburgh, Scotland, and has gone through a period of accelerated growth in […]
Rockaway Capital, a global investment firm based in San Francisco, Prague and Sao Paolo, today announced that it has reached an agreement to acquire 100% of Netretail, a big European online retailer, as well as online price comparison business Heureka. Netretail is a leading online retailer in Central and Eastern Europe (CEE) with operations in […]
South African Internet and media company Naspers has become the largest shareholder in Avito, the leading online classifieds platform in Russia with more than 35 million unique monthly visitors, acquiring shares from existing shareholders including Northzone, Accel Partners and Kinnevik. Naspers, which initially invested in Avito back in 2013, has increased its stake in the […]
Spanish startup Packlink, which operates an online parcel-shipping platform, has closed a financing round totalling $12.6 million.
Back once again to discuss the most interesting and important stories emanating from the European tech scene, Roxanne Varza and Neil Murray are here to kick off your week with the Tech.eu Podcast