Vente-Privée on Amazon and eBay’s Radar
Oct 19th, 2009 by admin
According to information from Mike Butcher of TechCrunch Europe, several US firms have got the French private shopping club Vente-Prive and the overall private shopping club sector in their sights.
Picture of The Shop Exchange: Vente-Privée on Amazon and eBay’s Radar [source:excitingcommerce.com]
Apparently Gilt, Amazon and eBay are actively looking at potential acquisition targets. Vente-Prive alone should be in the $1.5 - 2 billion range. Some sources even gauge Vente-Prive in the $2 - 4 billion ballpark.
Vente-Prive was late to take a foothold in the US market. In particular, the financially strong Gilt Groupe from the US is turning into a serious competitor.
Shop.org Summit Highlights: Can Gilt Groupe Threaten eBay? Three US Online Shopping Clubs Want To Exceed $100 Million US Media Discovers European Shopping Club Phenomenon
Originally posted in German by Marcel Weiss, adapted for excitingcommerce.com by Jason Soo.[source:excitingcommerce.com]
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