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 Reuters reported Thursday (Sept. 28). The company said it expects core earnings growth to speed up at home as wages in Poland...
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 plan to expand its marketplace model internationally, having shown in the Polish market that it can deliver both value and...
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 Polish eCommerce company noted a 2.3 billion zlotych ($510 million) write-down on the value of the Czech online retailer and...
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 surprisingly resilient this year. Yet heading into the winter, consumer sentiment appears to be low, and the macroeconomic picture remains...
December 23, 2024
Google is facing a $567 million lawsuit from an arm of Polish eCommerce platform Allegro. That company, Ceneo, filed the suit against the tech giant on Monday (Dec. 23), Reuters reported. Ceneo alleges it suffered losses due what it says is Google’s practice of favoring its price comparison service in browser results over Ceneo’s own […]
September 28, 2023
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 Reuters reported Thursday (Sept. 28). The company...
March 30, 2023
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 plan to expand its marketplace...
July 04, 2022
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, a press release said. He...