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- 31/12/2013 | Press releases
Jacques-Antoine Granjon has decided to strengthen his controlling position and shareholders stake, and to welcome Qatar Holding, the direct investment arm of Qatar Investment Authority, as a new shareholder in vente-privee.com. Qatar Holding becomes a significant minority shareholder alongside the Company’s founding partners and Summit Partners, the US-based growth equity firm already present since 2007.
- 06/02/2013 | Press releases
- With a gross turnover of €1.3 billion (£1.1 billion), vente-privee.com has doubled its growth, with a 22% increase vs 11% in 2011. This is an exceptional result for this morose time, even for the e-commerce sector that in the United Kingdom posted a growth of 14% for 2012 as a whole, according to IMRG, the national industry association for e-retail. This success is due to the following key factors: the consolidation of so-called traditional sales, the development of new services and new sectors (including travel offers and wine), and the expansion in Europe. Another important factor is that a substantial part of vente-privee.com’s turnover comes from m-commerce: 26% in total. The flash sales website also confirms its expansion into the arts with the acquisition of one of the biggest and oldest private theaters of Paris where it will co-produce spectacles and concerts.