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French ecommerce automation platform Lengow has acquired Netrivals, a software program supplier for worth 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 little bit 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 offers over 4.600 manufacturers and retailers cross-channel administration of their ecommerce technique.
Monitoring over 1.000 million merchandise
As we speak, the corporate declares that it has acquired Spanish SaaS answer Netrivals. With information monitoring expertise throughout greater than 1.000 million merchandise and over 32.000 shops, it permits companies to make pricing selections and increase their gross sales.
‘Our prospects have been asking for extra capabilities for pricing intelligence.’
“As manufacturers and retailers embrace their omnichannel technique, they’ve a crucial want for a complete world view of the potential of their merchandise available in the market”, explains Mickaël Froger, CEO of Lengow. “Our prospects and market companions have been asking for extra capabilities for pricing intelligence alongside the Lengow answer, 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 permits Lengow to speed up its worldwide enlargement, as it’s going to 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 permits Lengow to speed up its worldwide enlargement.’
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