Cdiscount, Bollore in African e-commerce venture

Thursday 5 June 2014 | 10:19 CET | News
French groups Casino and Bollore have formed an e-commerce joint venture for Africa, to leverage the region fast growth in consumption. A first CDiscount e-commerce portal is due to be launched this summer in Cote d'Ivoire. Casino is bringing its e-commerce expertise and Bollore is contributing the know-how of its subsidiary Bollore Africa Logistics, present in 45 countries across the continent. Separately, Casino has filed to list new e-commerce subsidiary Cnova on the New York stock market. The new company's activities had USD 4.9 billion of revenue last year and include the Cdiscount sites

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Categories: Internet
Companies: Casino
Countries: Africa / Cote d'Ivoire / World
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