Online fashion store Zalando saw sales of up to 560 million euros in the second quarter of 2014 on strong mobile growth, and recorded revenues of more than 1 billion euros for the first half of the year.
South African media company Naspers has acquired the remainder of shares in Turkish e-commerce juggernaut Markafoni, thus becoming its full owner. Founder and CEO Sina Afra is leaving the company.
Amsterdam-based Booking.com, the world’s largest hotel booking site with 425,000 hotels, says the total transaction value of mobile accommodation bookings grew to over $8 billion in 2013.
High-profile e-commerce company Fab has decided to stop selling design items across all European markets it operates in, apart from its own custom-made furniture. One hell of a transition to make.