Debenhams has announced that it has become the UK’s largest marketplace across fashion, beauty, sport, and homeware by launching a new platform powered by major SaaS provider Mirakl. The Boohoo Group-owned retailer and Mirakl said the new marketplace “enables Debenhams to meet evolving customer demand, rapidly scaling [the] assortment to more than 70,000 new products in three […]
Run by its innovation division, Red Lightning Group, the e-commerce platform aims to improve the supply chain, grow OEM and bring in new verticals for the food service distributor. Parts Town’s new Marketplace will help it expand into other verticals, such as HVAC parts, janitorial supplies, water filtration, technician supplies, and residential appliances. The Red […]
Debenhams has launched a new online marketplace following its takeover by Boohoo earlier this year. It comes after Debenhams, once a historic high street staple in the UK, ended up another casualty of the pandemic that drove shoppers to the digital sphere. The website, launched by marketplace software as a service (SaaS) platform Mirakl, […]
For manufacturers, distributors, and enterprise retailers, owning a marketplace could be a competitive advantage and a key to business growth. “Marketplaces have been hot for a long time. A prime example is Amazon, which is one of the largest eCommerce sites in the world — with 56% of its unit sales coming from marketplace sellers,” […]
Enterprise marketplace SaaS platform Mirakl, which powers the third-party marketplaces of some of the world’s top retailers, including The Kroger Co., Urban Outfitters and Carrefour, has raised $555 million in a Series E funding. With this new cash infusion the company’s valuation has more than doubled since its $300 million Series D funding round in September 2020, to $3.5 billion. The rate at which Mirakl is […]
Image Credit: Adrian Sulyok/ Unsplash French startup Mirakl has closed a new Series E funding round of $555 million. Following this round, the company is now valued at $3.5 billion. Mirakl helps you launch a marketplace on your online store for your end customers or for your B2B clients. It’s a software-as-a-service marketplace, meaning that Mirakl manages […]
Sept 21 (Reuters) – Mirakl said on Tuesday it had raised $555 million in a funding round that valued the tech startup that helps companies set up online marketplaces at more than $3.5 billion. Paris and Boston-based Mirakl said that more than 300 companies already use its platform and the funding, led by private equity […]
Adrien Nussenbaum (pictured) is the co-founder and co-CEO of Mirakl. He started the company with Philippe Corrot, who’s based in France. Mirakl, a Parisian marketplace platform with dual headquarters in France and Somerville, plans to more than quadruple its U.S. team after raising another late-stage round of finance. Mirakl raised $555 million in a Series […]
Silver Lake has led a $555 million funding round for Mirakl, a provider of cloud-based marketplace technology. Existing investors 83North, Elaia Partners, Felix Capital, and Permira participated in the series E round that cemented Mirakl’s status as a unicorn. The round valued the French startup at $3.5 billion, up from the $1.5 billion valuation Mirakl […]
Online marketplaces are still on the rise with shoppers continuing to look for safer, more convenient ways to shop as the pandemic continues. In fact, data shows that digital, third-party marketplaces are seeing an 81% increase in gross merchandise value year-over-year thus far in 2021. Why the shift toward online marketplaces? With in-person shopping off the […]
While marketplaces may offer an opportunity to gain market share, B2B sellers should review their readiness for the marketplace model. Magnus Meier of SAP and Angela Troccoli of Mirakl write about six vantage points for analyzing that readiness. It was the American politician and women’s rights advocate Jeannette Rankin who said, “You can no more win […]
E-commerce costs too much, won’t make a difference to a distributor’s bottom line, and isn’t worth much more than brand promotion. Right? Not so fast, say SAP’s David Koenig and Mirakl’s Angela Troccoli. Is there a timeframe for e-commerce implementation? Can distributors get more out of their online presence beyond brand recognition? During a recent MDM […]
By Adrien Nussenbaum, Co-founder and CEO of Mirakl Consumer shopping habits have shifted irreversibly towards eCommerce in the past two years. For many, every day has become a holiday as new packages arrive from their favorite online retailers. One surprising aspect of this shift is how retailers have adapted their businesses in response. According to […]
Large marketplace sellers play an essential part on online platforms. They contributed 88 percent of marketplaces’ Gross Merchandise Value during the first quarter of this year. But small and medium-sized sellers are on the rise: they doubled their contribution in that same period and even tripled in the past year. Small to medium-sized sellers will […]
By Adrien Nussenbaum, Co-founder and CEO of Mirakl, and Forbes Councils Member Courtesy of Getty Images The story of American retail is often framed in terms of David and Goliath. There is arguably no greater example of the “American dream” than a successful small business, a local mom-and-pop store, that serves its loyal customers a unique product […]
A growing number of brands and merchants are starting to embrace the idea of enterprise marketplaces, with 36% putting their goods up for sale via these sites, according to a new benchmark. Over the last year, marketplaces have grown at more than double the rate of eCommerce, demonstrating the increasing importance of third-party sellers in enabling […]
Don’t let common challenges like silos and change management slow your organization’s digital transformation success Written by Adrien Nussenbaum While enterprise executives have been thinking about digital transformation for years, the past 12 months have seen massive acceleration. There is now broad consensus that digital innovation is necessary for survival. But success is far from guaranteed. Past […]
Decathlon UK are delighted to invite new Partners to join its marketplace, bringing together a specially curated selection of brands to help make sport more accessible to the many. Decathlon’s new marketplace will enable the company to capitalise on this growth and meet rapidly evolving consumer demand. Its online marketplace, powered by the Mirakl Marketplace […]
Family-owned delivered food wholesaler Turner Price has launched the UK’s first wholesale B2B foodservice marketplace to give caterers instant access to more than 10,000 new products, with the ability to scale rapidly to meet growing customer expectations. Read the full article on Internet Retailing
Debenhams launches giant marketplace as it targets fast growth
/Press Coverage Optional /by Austin FontanellaDebenhams has announced that it has become the UK’s largest marketplace across fashion, beauty, sport, and homeware by launching a new platform powered by major SaaS provider Mirakl. The Boohoo Group-owned retailer and Mirakl said the new marketplace “enables Debenhams to meet evolving customer demand, rapidly scaling [the] assortment to more than 70,000 new products in three […]
Parts Town Goes Full-Tilt on E-Commerce Marketplace Model
/Press Coverage Optional /by Austin FontanellaRun by its innovation division, Red Lightning Group, the e-commerce platform aims to improve the supply chain, grow OEM and bring in new verticals for the food service distributor. Parts Town’s new Marketplace will help it expand into other verticals, such as HVAC parts, janitorial supplies, water filtration, technician supplies, and residential appliances. The Red […]
Debenhams launches new online marketplace following Boohoo takeover
/Press Coverage Optional /by Austin FontanellaDebenhams has launched a new online marketplace following its takeover by Boohoo earlier this year. It comes after Debenhams, once a historic high street staple in the UK, ended up another casualty of the pandemic that drove shoppers to the digital sphere. The website, launched by marketplace software as a service (SaaS) platform Mirakl, […]
Should Merchants Launch Their Own Marketplaces?
/Press Coverage Optional /by Austin FontanellaFor manufacturers, distributors, and enterprise retailers, owning a marketplace could be a competitive advantage and a key to business growth. “Marketplaces have been hot for a long time. A prime example is Amazon, which is one of the largest eCommerce sites in the world — with 56% of its unit sales coming from marketplace sellers,” […]
This Tech Startup Just Raised $555 Million To Help Retailers Compete With Amazon
/Press Coverage Optional /by Austin FontanellaAn employee at a Kroger grocery distribution center. Mirakl has helped Kroger and other retailers create their own online marketplaces, hoping increased selection will draw shoppers. © 2020 BLOOMBERG FINANCE LP Mirakl, a French startup that builds online shopping services, is raising $555 million in a Series E round that includes Silver Lake, Bain and Felix Capital, […]
Mirakl Rakes in $555M in New Funding as Online Marketplaces Boom
/Press Coverage Optional /by Austin FontanellaEnterprise marketplace SaaS platform Mirakl, which powers the third-party marketplaces of some of the world’s top retailers, including The Kroger Co., Urban Outfitters and Carrefour, has raised $555 million in a Series E funding. With this new cash infusion the company’s valuation has more than doubled since its $300 million Series D funding round in September 2020, to $3.5 billion. The rate at which Mirakl is […]
Marketplace platform Mirakl raises $555 million at $3.5 billion valuation
/Press Coverage Optional /by Austin FontanellaImage Credit: Adrian Sulyok/ Unsplash French startup Mirakl has closed a new Series E funding round of $555 million. Following this round, the company is now valued at $3.5 billion. Mirakl helps you launch a marketplace on your online store for your end customers or for your B2B clients. It’s a software-as-a-service marketplace, meaning that Mirakl manages […]
E-commerce tech Mirakl says raises $555 million in funding
/Press Coverage Optional /by Austin FontanellaSept 21 (Reuters) – Mirakl said on Tuesday it had raised $555 million in a funding round that valued the tech startup that helps companies set up online marketplaces at more than $3.5 billion. Paris and Boston-based Mirakl said that more than 300 companies already use its platform and the funding, led by private equity […]
Parisian unicorn Mirakl to quadruple U.S. team with $555M
/Press Coverage Optional /by Austin FontanellaAdrien Nussenbaum (pictured) is the co-founder and co-CEO of Mirakl. He started the company with Philippe Corrot, who’s based in France. Mirakl, a Parisian marketplace platform with dual headquarters in France and Somerville, plans to more than quadruple its U.S. team after raising another late-stage round of finance. Mirakl raised $555 million in a Series […]
This Tech Startup Just Raised $555 Million To Help Retailers Compete With Amazon
/Press Coverage Optional /by Austin FontanellaSilver Lake has led a $555 million funding round for Mirakl, a provider of cloud-based marketplace technology. Existing investors 83North, Elaia Partners, Felix Capital, and Permira participated in the series E round that cemented Mirakl’s status as a unicorn. The round valued the French startup at $3.5 billion, up from the $1.5 billion valuation Mirakl […]
Growth Of Online Luxury Marketplaces Continues In 2021
/Press Coverage Optional /by Austin FontanellaOnline marketplaces are still on the rise with shoppers continuing to look for safer, more convenient ways to shop as the pandemic continues. In fact, data shows that digital, third-party marketplaces are seeing an 81% increase in gross merchandise value year-over-year thus far in 2021. Why the shift toward online marketplaces? With in-person shopping off the […]
Finding your place in the new B2B marketplace battle zone
/Press Coverage Optional /by Austin FontanellaWhile marketplaces may offer an opportunity to gain market share, B2B sellers should review their readiness for the marketplace model. Magnus Meier of SAP and Angela Troccoli of Mirakl write about six vantage points for analyzing that readiness. It was the American politician and women’s rights advocate Jeannette Rankin who said, “You can no more win […]
5 Misconceptions Distributors Have About E-Commerce Platforms
/Press Coverage Optional /by Austin FontanellaE-commerce costs too much, won’t make a difference to a distributor’s bottom line, and isn’t worth much more than brand promotion. Right? Not so fast, say SAP’s David Koenig and Mirakl’s Angela Troccoli. Is there a timeframe for e-commerce implementation? Can distributors get more out of their online presence beyond brand recognition? During a recent MDM […]
Why Online Marketplaces are Outpacing Ecommerce in a Post-COVID World
/Press Coverage Optional /by Austin FontanellaBy Adrien Nussenbaum, Co-founder and CEO of Mirakl Consumer shopping habits have shifted irreversibly towards eCommerce in the past two years. For many, every day has become a holiday as new packages arrive from their favorite online retailers. One surprising aspect of this shift is how retailers have adapted their businesses in response. According to […]
Largest marketplace sellers account for 88% of GMV
/Press Coverage Optional /by Austin FontanellaLarge marketplace sellers play an essential part on online platforms. They contributed 88 percent of marketplaces’ Gross Merchandise Value during the first quarter of this year. But small and medium-sized sellers are on the rise: they doubled their contribution in that same period and even tripled in the past year. Small to medium-sized sellers will […]
Big And Small Businesses Can Work Together To Solve Retail Availability Challenges
/Press Coverage Optional /by Austin FontanellaBy Adrien Nussenbaum, Co-founder and CEO of Mirakl, and Forbes Councils Member Courtesy of Getty Images The story of American retail is often framed in terms of David and Goliath. There is arguably no greater example of the “American dream” than a successful small business, a local mom-and-pop store, that serves its loyal customers a unique product […]
Enterprise marketplace selling accelerates 36%; Decathlon and Express both reap the rewards
/Press Coverage Optional /by Austin FontanellaA growing number of brands and merchants are starting to embrace the idea of enterprise marketplaces, with 36% putting their goods up for sale via these sites, according to a new benchmark. Over the last year, marketplaces have grown at more than double the rate of eCommerce, demonstrating the increasing importance of third-party sellers in enabling […]
Digital transformation: 3 post-pandemic best practices
/Press Coverage Optional /by Austin FontanellaDon’t let common challenges like silos and change management slow your organization’s digital transformation success Written by Adrien Nussenbaum While enterprise executives have been thinking about digital transformation for years, the past 12 months have seen massive acceleration. There is now broad consensus that digital innovation is necessary for survival. But success is far from guaranteed. Past […]
Decathlon UK opens its website to selected new Partners in health and sport
/Press Coverage Optional /by Clemence PierunekDecathlon UK are delighted to invite new Partners to join its marketplace, bringing together a specially curated selection of brands to help make sport more accessible to the many. Decathlon’s new marketplace will enable the company to capitalise on this growth and meet rapidly evolving consumer demand. Its online marketplace, powered by the Mirakl Marketplace […]
Turner Price launches the UK’s first B2B foodservice marketplace
/Press Coverage Optional /by Clemence PierunekFamily-owned delivered food wholesaler Turner Price has launched the UK’s first wholesale B2B foodservice marketplace to give caterers instant access to more than 10,000 new products, with the ability to scale rapidly to meet growing customer expectations. Read the full article on Internet Retailing