Allegro

Allegro Expects eCommerce Market Growth Even as Consumers Trade Down
Allegro Expects eCommerce Market Growth Even as Consumers Trade Down
September 28, 2023  |  eCommerce

Much like their American counterparts, consumers in Poland are trading down. However, that apparently hasn’t stunted the growth of Allegro, that country’s largest eCommerce platform, as...

READ MORE >
Allegro Preparing to Expand Third-Party Marketplace to Czech Republic
Allegro Preparing to Expand Third-Party Marketplace to Czech Republic
March 30, 2023  |  eCommerce

Polish eCommerce platform Allegro plans to launch its third-party marketplace in the Czech Republic this year. That will be the first step in the firm’s...

READ MORE >
Allegro Slashes Value of Czech Acquisition Despite 25% YoY Growth
Allegro Slashes Value of Czech Acquisition Despite 25% YoY Growth
November 30, 2022  |  Earnings

Allegro has written down the value of Mall Group and WE|DO by 56%. In a third-quarter (Q3) earnings statement released on Wednesday (Nov. 30), the...

READ MORE >
Poland’s Allegro Posts Strong Q2 as BNPL Service Surpasses 1M Users, Jumps 260% YoY
Poland’s Allegro Posts Strong Q2 as BNPL Service Surpasses 1M Users, Jumps 260% YoY
September 29, 2022  |  eCommerce

Against the backdrop of Europe’s deepening energy crisis, a weak Polish currency, Złoty, and ongoing conflict in neighboring Ukraine, the Polish retail sector has remained...

READ MORE >
Polish eCommerce Platform Allegro Names Ex-Amazon Exec Roy Perticucci as CEO
Polish eCommerce Platform Allegro Names Ex-Amazon Exec Roy Perticucci as CEO
July 04, 2022  |  Personnel

Allegro, an eCommerce site based in Poland, will have a new CEO in Roy Perticucci, who has decades of experience leading retail and eCommerce companies,...

READ MORE >
EMEA Daily: Ukraine Conflict Leads to $242M Crypto Liquidation; Polish eCommerce Company Allegro Reports 34% Growth in 2021
EMEA Daily: Ukraine Conflict Leads to $242M Crypto Liquidation; Polish eCommerce Company Allegro Reports 34%...
February 24, 2022  |  International

In today’s top Europe, Middle East, and Africa news, the Russian invasion into Ukraine triggered more than $242 million in liquidations in the crypto market,...

READ MORE >
Allegro’s 2021 eComm Growth Fueled by BNPL, Delivery Network
Allegro’s 2021 eComm Growth Fueled by BNPL, Delivery Network
February 24, 2022  |  Earnings

Allegro, one of the largest eCommerce websites in Europe, reported its revenue reached 5.35 billion Polish zloty (about $1.3 billion) last year, up nearly 34%...

READ MORE >
Today in Payments Around the World: Poland’s Allegro to Pay $1B for Czech Retailer Mall Group; ECB Board Member Optimistic About Digital Euro
Today in Payments Around the World: Poland’s Allegro to Pay $1B for Czech Retailer Mall...
November 05, 2021  |  International

Today in payments around the world, Polish eCommerce firm Allegro will acquire Czech retailer Mall Group for $1 billion, and a European Central Bank board...

READ MORE >
Poland’s Allegro to Pay $1B for Czech Retailer Mall Group
Poland’s Allegro to Pay $1B for Czech Retailer Mall Group
November 05, 2021  |  Partnerships / Acquisitions

The Polish eCommerce firm Allegro hopes to create a regional platform through its $1.02 billion purchase of the Czech online retailer Mall Group. As Reuters...

READ MORE >