Portuguese ecommerce startup PepFeed has been acquired by fellow Portuguese startup Followprice. No figures were disclosed.
PepFeed’s big data analytics solutions for online shopping assistance will integrate with Followprice, which builds ecommerce price tracking products and works with more than 350 online sellers. Investors in PepFeed include Portugal Ventures and SkyBusiness.
“We understood that we wanted to develop more technologies in the space were Followprice is already working on, and given the complementary aspect of both teams, it became very obvious that this would be the right track,” said PepFeed CEO Daniel Loureiro.
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