6 Acquisitions of Companies in the Shopping Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Shopping industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 6 acquisitions that took place in the Shopping industry.

HYLA USA acquired by Endexx Corporation

Details about the transaction:

Acquisition amount:

$10,000,000

Announcement:

31 August 2022

Details about the company:

The HYLA air and room cleaning system is imported by HYLA USA, which offers its goods in-person and online.

Headquarter:

Deerfield Beach, Florida, United States

Where to find them:

Industry:

E-Commerce, Home Health Care, Shopping

Details about the buyer:

The Collaboration Corporation is Endexx Corporation.

Headquarter:

Cave Creek, Arizona, United States

Where to find them:

Laku6 acquired by Carousell Group

Details about the transaction:

Acquisition amount:

$25,000,000

Announcement:

27 July 2022

Details about the company:

Through reselling and financing, Laku6 enables the expanding middle class to affordably acquire and update cellphones.

Headquarter:

Jakarta, Jakarta Raya, Indonesia

Where to find them:

Industry:

Retail, Shopping

Details about the buyer:

The largest classifieds company in Greater Southeast Asia, Carousell, is on a mission to encourage people all around the world to start selling.

Headquarter:

Singapore, Central Region, Singapore

Where to find them:

Reve acquired by Tipser

Details about the transaction:

Acquisition amount:

$3,000,000

Announcement:

15 January 2020

Details about the company:

Reve was a direct-to-consumer platform where businesses could sign up to sell without integration to customers.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Industry:

Apps, Computer Vision, E-Commerce, Marketplace, Mobile, Search Engine, Shopping

Details about the buyer:

Tipser enables publishers to profit from online sales.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

LimeRoad acquired by V-Mart Retail

Details about the transaction:

Acquisition amount:

$3,786,126

Announcement:

17 October 2022

Details about the company:

a fun and interesting way to share, shop for, and find beautiful items.

Headquarter:

Gurgaon, Haryana, India

Where to find them:

Industry:

E-Commerce, Fashion, Internet, Shopping

Details about the buyer:

V-Mart is a full-service family clothing retailer that offers its clients real value for their money. It runs in India's Tier 2 and Tier 3 cities.

Headquarter:

Haryana, Haryana, India

Where to find them:

Silk & Snow acquired by Sleep Country Canada

Details about the transaction:

Acquisition amount:

$17,637,527

Announcement:

20 December 2022

Details about the company:

A firm called Silk & Snow offers furniture and other home goods online.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Industry:

E-Commerce, Furniture, Retail, Shopping

Details about the buyer:

Canada's speciality sleep shop is called Sleep Country.

Headquarter:

Brampton, Ontario, Canada

Where to find them:

123.TV acquired by iMedia Brands

Details about the transaction:

Acquisition amount:

$95,000,000

Announcement:

22 September 2021

Details about the company:

123TV coordinates cross-media consumer product auctions across television and the internet.

Headquarter:

Germany, Georgia, United States

Where to find them:

Industry:

Auctions, Digital Entertainment, E-Commerce, Internet, Media and Entertainment, Shopping, TV

Details about the buyer:

A multinational interactive media corporation called iMedia Brands is in charge of a burgeoning portfolio of retail television networks.

Headquarter:

Eden Prairie, Minnesota, United States

Where to find them: