Germany’s largest fashion club has just been acquired by eBay for a whopping $200 million (€150 million). Although eBay’s acquisitions have almost stalled since the failed take-over of Skype, this strategic transaction makes sense.
brands4friends, founded in 2007, has seen strong growth over the past few years and has operations in multiple European countries. Mangrove Capital Partners and Partech have been among the investors and its Berlin office employees around 200 people.