French ecommerce automation platform Lengow has acquired Netrivals, a software program supplier for value comparability. The businesses haven’t launched any monetary particulars in regards to the deal. On account of the acquisition, Lengow will increase into Spain.
A bit of greater than a yr in the past, the French ecommerce automation platform Lengow was acquired by Marlin Fairness Companions. The worldwide funding fund acquired a majority stake within the firm, which gives over 4.600 manufacturers and retailers cross-channel administration of their ecommerce technique.
Monitoring over 1.000 million merchandise
At this time, the corporate declares that it has acquired Spanish SaaS resolution Netrivals. With information monitoring expertise throughout greater than 1.000 million merchandise and over 32.000 shops, it allows companies to make pricing selections and enhance their gross sales.
‘Our clients have been asking for extra capabilities for pricing intelligence.’
“As manufacturers and retailers embrace their omnichannel technique, they’ve a vital want for a complete international view of the potential of their merchandise out there”, explains Mickaël Froger, CEO of Lengow. “Our clients and market companions have been asking for extra capabilities for pricing intelligence alongside the Lengow resolution, to activate product information primarily based on dependable market insights.”
Launch in Spain
Netrivals has a consumer base throughout the UK, Germany, Italy, Spain, France, Australia and the Nordics. The acquisition allows Lengow to speed up its worldwide growth, as it would open an workplace with native personnel in Barcelona, Spain. The ecommerce automation platform already has places of work in France, Germany and the UK.
‘The acquisition allows Lengow to speed up its worldwide growth.’