CDON has acquired a majority stake in Commerce 8

CDON AB (publ) (“CDON”) has acquired 71.7 per cent of Commerce 8 Oy (“Commerce 8”), an international e-commerce consultancy firm helping companies succeed across all digital channels by offering a complete suite of services, from strategy to operations. The acquisition will further strengthen Commerce 8’s customer centricity in offering expedited onboarding onto CDON, Nordic’s largest marketplace for both local and international merchants who want to expand their sales in the region.

By Laura Kalinska | 17 January 2022

“We are excited to jumpstart the year as part of CDON and we are confident the synergies will help further accelerate both businesses by offering more and better services for our customers. With more online marketplaces entering the digital landscape to capture the rapidly-growing popularity of online shopping, it is more important than ever for brands to have an omni-channel retail strategy to sustain growth long-term. We are therefore thrilled to be able to offer preferential onboarding to CDON and improve the customer experience.”, says Laura Kalinska, the CEO of Commerce 8.

 

With this acquisition, CDON, the largest marketplace in the Nordic region will further strengthen its offering towards merchants by raising the bar on and deliver superior merchant experiences. Commerce 8 will support existing CDON merchants accessing new relevant marketplaces via its managed service offering. Whilst new merchants wishing to enter the Nordic market will enjoy a a smoother onboarding process.

 

”We are excited to welcome Commerce 8 to CDON. This acquisition will strengthen our offering as well as help us drive new Nordic and international merchants to CDON’s platform which will improve the customer experience for our customers.”, says Peter Kjellberg, CEO of CDON.

 
 

Further information:

 

Laura Kalinska
laura.kalinska@commerce8.co
+44 7763 969770

 

Peter Kjellberg

 
 

About Commerce 8

Commerce 8 is a global consultancy helping companies grow their business through marketplaces, online retail and D2C. Commerce 8 always work backwards from client’s needs and capabilities, helping them identify the most optimal channel(s) irrespective of platforms and tools and formulating their marketplace strategy. Commerce 8 offers a full suite of e-commerce services to ensure brands succeed on marketplaces from brand protection, product listing creation to on-going optimization of marketplace performance and advertising. Commerce 8 has the capability to work fully outsourced, in hybrid team with the client’s in-house experts or as an external specialist partner.

 

 

About CDON

CDON was founded in 1999 and is now the biggest marketplace in the Nordic region. During 2020 we had over 120 million visits and 2.3 million customers. Customers can choose to buy and compare prices for millions of products at CDON, by far the widest range of all Nordic e-retailers. Over 1,500 merchants use CDON’s platform and technology to increase their sales. This gives CDON a wide range of products within, movie, music, computers, games, office supplies, books, toys, consumer electronics, household appliances, sport, outdoor, beauty care, fashion, shoes, computers, and computer products. CDON is listed on Nasdaq First North Growth Market with the abbreviation CDON.

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