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Analysis. How eMAG is working to become “go-to” platform for retailers

Online July 18, 2017 09:54 0 comments BR Exclusive

Online retailer eMAG, controlled by the South African Naspers group, is looking to reach the EUR 1 billion milestone in sales this year through a combination of acquisitions and investments in the marketplace platform, which…more »

"online shopping"

Romanian e-commerce sector posts highest growth rate in EU in 2016 , says ARMO

Online July 03, 2017 16:31 0 comments

E-commerce in Romania registered the highest growth from Europe in 2016, of 38 percent, more than double compared with the European average, according to the Romanian Association of Online Stores from Romania (ARMO). The association…more »

Fitpass start-up aims to reach 1,000 members by year-end in Romania

Online June 23, 2017 10:49 0 comments BR Exclusive

Fitness start-up Fitpass plans to reach 1,000 members until the end of the year in Romania and an accounting rate of return (ARR) of EUR 200,000, said the co-founder of the firm, Gustaf Kornias. Fitpass…more »

M&A alert. Daimler-backed mytaxi buys Romanian Clever Taxi

Auto June 22, 2017 13:12 0 comments

Mytaxi, the e-hailing player controlled by German car maker Daimler, has taken over Romanian company Clever Tech SRL, which owns the taxi hail app Clever Taxi, in a deal worth eight figures. Clever Taxi was…more »

Epiesa.ro aims to reach 10 stores in Romania this year, to invest EUR 250,000

Auto June 16, 2017 07:00 0 comments

Epiesa.ro, the online retailer for car parts and accessories, opened at the end of the last week a store in Constanta. The company aims to have 10 stores until the end of 2017 and will…more »

"online shopping"

ARMO: Romanian e-commerce could double in value until 2020

Online June 07, 2017 15:58 0 comments

The e-commerce market in Romania will exceed EUR 2.5 billion this year and this figure could double until 2020, says the Romanian Association of Online Stores from Romania (AMRO). Out of the 28 members states…more »

M&A alert. eMAG enters delivery market by acquiring Sameday Courier

Online May 30, 2017 13:11 0 comments

E-commerce player eMAG, controlled by Naspers, has taken an 80 percent stake in delivery company Sameday Courier. The deal will support the investments of Sameday Courier in technology, the network and the team. The transaction…more »

Mustafa Koseturk is the new marketing director of elefant.ro

Online May 29, 2017 16:28 0 comments

Online retailer Elefant.ro has recently appointed Mustafa Koseturk as the new marketing director. He has 15 years' worth of experience in top management positions in ING Bank, Metro Cash & Carry, Markafoni (owned by Naspers)…more »

Apple adopts Romanian currency for transactions

Online May 19, 2017 13:17 0 comments

Romanian users of Apple’s products and services will be able to make payments in the local currency, leu, according to notification of the American technology giant. Up to now, the prices were displayed in euros…more »

One startup will have the chance to showcase their product at Techsylvania 2017

Business Agenda May 15, 2017 17:43 0 comments Partner Content

There is only one month left until the fourth edition of Techsylvania, the Leading Technology Event in Eastern Europe, which will take place at the Students’ Culture Hall in Cluj Napoca, between June 17 and…more »