The biggest sale in Czech Republic. South African Naspers buyes Mall.cz
The company owning already the shopping portal Aukro bought another internet shopping portal Mall.cz. The Czech multimillionaire owners do transactions. It is probably the biggest trade during the existence of the Czech Internet.
South African media group Naspers and internet purchases through MIH Allegro billion for a majority stake in Dutch Netretail Holding, the parent company of Internet shops Mall.cz.
His Czech owners then become multimillionaires. Aukro Mall.cz and no longer competitors.
“Information on the sale, we can confirm that contracts were signed. To approval of the transaction by the Office can not comment on the case further. I can tell only that the buyer is a company Naspers,” said Ondrej Fryc IHNED.cz, co-owner Netretail Holding Group, which Mall.cz belongs.
According to the expert and founder Patrick Zandl mobil.cz server is perhaps the largest shop of its kind in the country.
2000 – Ondrej Fryc established bilezbozi.cz Ltd. (Predecessor of Mall.cz). In the first year of operation, turnover amounted to almost CZK 900 000.
2002 – bilezbozi.cz Company, Ltd. announces conversion to an electronic shopping mall Internet Mall. Changes its name and becomes a joint stock company. Minority share in the gains as investor Edward Mika.
2003 – Internet Mall.cz became the largest retailer on the Internet in the Czech Republic. Stores operated by a joint stock company Internet Mall that in 2003 total sales volume 369 million CZK including VAT (302 million CZK without VAT) and a profit before tax of 5.9 million CZK.
2004 – 2006 Internet Mall keeps growing with new stores. In addition, to enter foreign markets, Slovakia, Hungary and Poland. In 2006 Mall.cz won the title of fastest growing technology company in the country.
2007 – Internet Mall is again on the first position in the category the fastest growing technology company in the CR (Deloitte Technology Fast 50). The company entered the German market and trade Germica.de.
2008 – the holding company Netretail Holding BV was established to control and manage all , national Mall branch. New investors entered the company – Intel Capital and 3TS Capital Partners. These companies buy the share of value of EUR 28 million (approximately CZK 700 million).
2009 – There was opened new logistics center with a serving place and storage space of 6800 square meters.