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
French e-commerce software company Lengow has closed a €10 million Series B round of financing to take its international expansion beyond the 45 countries it’s already active in. Founded in 2009, the company is particularly eyeing the UK, Germany, Asia and United States for growth, considering ‘strategic acquisitions’ in those regions. The funding comes from […]
Tech.eu contributor Victoria Vzyatysheva shines a light on PrestaShop, a French e-commerce software company that enables the creation of online stores and has recently debuted a cloud version.
London-based fashion tech startup Thread has secured $8 million in a Series A round of funding led by Balderton Capital, the co-founders of Google-owned DeepMind and a number of other angel investors from the fashion and tech worlds. Thread offers a free online personal styling service for men, employing a combination of human stylists and […]