Ecommerce giant Amazon.com has long been rumored to make a $2 billion play for online private sales club sensation Vente-Privée, but so far a deal hasn’t happened. Now rumors are swirling that Amazon is in late-stage negotiations to acquire Spain-based rival BuyVip instead.
Company executives have denied the rumors so far, but Spanish business publication CincoDías cites multiple sources… → Read More
Ecommerce giant Amazon.com has long been rumored to make a $2 billion play for online private sales club sensation Vente-Privée, but so far a deal hasn’t happened. Now rumors are swirling that Amazon is in late-stage negotiations to acquire Spain-based rival BuyVip instead.
Company executives have denied the rumors so far, but Spanish business publication CincoDías cites multiple sources… → Read More
[Spain] European buying clubs remain a hot item, along with the fashion brands they sell at a discount. Barcelona-based Venture Capital firm Debaeque has acquired a 10% stake in BuyVIP, although the actual price is undisclosed. In April, however, the company raised about $20 million in its third round of funding, led by Kennet Partners, along with Mangrove, Bertelsmann, 3i and Molins… → Read More
We don’t often write about Latin-American startups (in fact, if you’re familiar with that market, send us more tips please), but here’s an interesting one. Argentina-based Geelbe, a private e-commerce website, has just raised a second round of funding worth $1 million, led by D’Épée Investments.
The company is actively looking to expand its VIP shopping operations to other Latin-American… → Read More
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