HOME Fruugo appoints Hancox as Chairman
Fruugo.com, the fast-growing global marketplace platform has announced that Mike Hancox, previously CEO of Ideal Shopping and former CEO of Shop Direct and former CEO of Otto UK (part of the world’s largest home shopping group), has been appointed as Chairman of Fruugo.com Limited. Soaring revenues and four consecutive years of triple digit revenue growth have led the board of Fruugo to consider the next major steps in Fruugo’s global expansion.
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Goods.ru to present GameChanger keynote at DISTREE Russia
DISTREE Russia has announced that online marketplace Goods.ru will deliver a GameChanger keynote presentation at this year’s 15th anniversary event, which takes place in Moscow on May 30th to June 1st, 2018. Solomon Kunin, General Director, Goods.ru, will deliver a keynote presentation entitled: The Future of Marketplaces’. This presentation will explore the popularity of marketplaces as demonstrated by today’s market.
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Peter Olive, CEO, Vortex 6, explores whether vendors are adapting quickly enough to the fundamental changes redefining the reseller landscape.
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Sberbank and Yandex complete joint venture deal
Sberbank and Yandex have completed the formation of a joint venture based on the Yandex.Market platform in Russia. The companies intend to combine the technological capabilities of Yandex and the infrastructure and technologies of Sberbank to develop a leading B2C e-commerce ecosystem. The joint venture is valued at approximately US$1 billion and the two partners will own equal stakes in the company.
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Yandex.Market confirmed to deliver GameChanger keynote at DISTREE Russia 2018
DISTREE Russia has confirmed that Yandex.Market will deliver a GameChanger keynote presentation at this year’s 15th anniversary event, which takes place in Moscow on May 30th to June 1st, 2018. The new GameChangers session is designed to update vendor and channel delegates on the major technology trends and new business models that will drive the evolution of channel ecosystems within Russia. Evgeniy Schepelin, Business Development Director at Yandex.Market, will deliver the presentation.
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Noon signs partnership with Extra
Online marketplace and e-tailer Noon has signed a partnership agreement with United Electronics Company, the parent company of Saudi Arabian retailer Extra. Under the terms of the deal, Extra becomes Noon’s exclusive Saudi Arabian partner for a range of consumer electronics and home appliance items such as Samsung, LG, Sony, Braun, Kenwood and Moulinex, among others.
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Synaxon adds special bids to EGIS
Channel services group Synaxon has added a comprehensive special bids feature to its EGIS online procurement portal. The new capability enables EGIS users to take advantage of the competitive pricing available from distributors. Offers from Ingram Micro are already available on EGIS and other distributors will follow soon.
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Supply chain solution supplier E2open has announced that it has signed a definitive agreement to acquire Zyme, a leader in channel data management (CDM) enabling organisations to have deep visibility into their indirect sales channels. This acquisition is subject to customary regulatory approvals and is expected to close in the coming weeks.
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Distributor Exertis has acquired UK-based MTR Group, a service and solutions provider specialising in second generation lifecycle extension of mobile, wearable and tablet devices. MTR employs 60 staff at its refurbishment facility in Harlow, Essex. MTR generated sales of £10.8m (US$14.3m) for the year ending 30th November 2016 and has seen significant and sustained year on year growth since its incorporation in 2011 by founders and co-owners Steve Healy and Andy Payne.
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Barracuda teams with CMS for MSP push
Barracuda Networks, a provider of cloud-enabled security and data protection solutions, has entered into a new agreement with CMS Distribution to expand UK & Ireland channel relationships and bring more managed service providers (MSPs) into Barracuda’s partner programme. Barracuda’s MSP channel development strategy is to deliver value to managed service partners and their SMB customers through award-winning technology and 24x7 monitoring and management professional services.
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