Showroompriv Is Negotiating The Acquisition Of Saldiprivati.

August 9th, according to foreign media reports, France's second largest

Showroompriv e (

October 2015 investment) is discussing the acquisition of Saldiprivati in Italy.

The paction is in progress, and no specific paction information has yet been disclosed.

It is reported that Saldiprivati is a well-known fashion business in Italy. Its registered users have reached 2 million, with annual sales volume of more than 200 million. The platform mainly deals in footwear, accessories, home accessories and other categories.

At the present stage, the buyer Showroompriv E has launched cross-border business for European countries such as the United Kingdom, Italy, Spain, Belgium, Portugal, Holland and Poland, with a total user volume of 24 million 600 thousand.

Italy, as the main market, has great potential in the next few years. The acquisition is also a manifestation of Showroompriv's plan to expand the local market share.

In October 2015, Showroompriv eer raised 256 million euros in Paris's Pan European exchange, and its market capitalization was about 660 million euros.

After the listing, the company established its 2016 revenue target of 19-25% for the year-on-year growth of the year, and the international sector is the important area of Showroompriv's development.

Competition in the French fashion business is fierce.

It is understood that Showroompriv e's main rival in France is the luxury buyer Vente-Priv e, who bought Privalia from Spain in April this year at a price of 500 million euros.