Rue du Commerce SAS
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Rue du Commerce SAS - overview
Established
1999
Location
Paris, -, France
Primary Industry
Internet
About
Rue du Commerce SAS is an online retail platform that specializes in high-tech products, household appliances, and garden equipment, providing a user-friendly shopping experience for consumers across Europe. Founded in 1999 in Paris, France, Rue du Commerce SAS operates as an online marketplace for various consumer electronics and home goods. The company was acquired by Altarea Cogedim in 2011 for EUR 100 million, followed by a subsequent acquisition by Carrefour Group, with financial terms undisclosed. The company has executed 5 deals, with the most recent deal occurring on September 29, 2005, raising EUR 30.
00 mn from investors including Galileo Partners and Seven2, totaling EUR 30. 00 mn raised overall. Rue du Commerce operates a comprehensive online retail platform that specializes in high-tech products, household appliances, and garden equipment. The company offers a wide array of products including smartphones, laptops, gaming consoles, home appliances, and home decor items.
These products are designed to meet the needs of tech-savvy consumers and individuals seeking to enhance their living spaces. Rue du Commerce has been facilitating online shopping experiences since its inception in 1999, catering to a diverse clientele that includes tech enthusiasts, homeowners, and DIY project innovators. The company serves multiple geographical markets across Europe, focusing on providing a user-friendly shopping platform with millions of product references from over 7,000 brands. In 2012, Rue du Commerce reported a revenue of EUR 400,850,554 with an EBITDA of EUR -553,956.
The company generates revenue through direct-to-consumer sales on its online platform, offering customers secure payment options and emphasizing promotions and flash sales to drive purchasing behavior. Rue du Commerce is focused on new product launches and expanding its product line to include more consumer electronics and home goods. Plans are in place to enter additional European markets, aiming for expansion by 2025. The recent funding round of EUR 30.
00 mn will be allocated towards enhancing the online shopping platform and marketing efforts to reach a broader audience.
Current Investors
Galileo Partners, Seven2
Primary Industry
Internet
Sub Industries
Consumer Products, Consumer Electronics Stores, Electronics, Search Engines
Website
www.rueducommerce.fr
Verticals
E-commerce
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Rue du Commerce SAS - financials
| Fiscal Year Ended | Mar 31, 2010 | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 352,635,000 | 312,445,000 | 290,893,000 | - | - | - | 244,538,640 | - | - | - |
| % Revenue Growth (YoY) | - | (11.4%) | (6.9%) | - | - | - | - | - | - | - |
| EBITDA (USD) | 1,597,000 | 2,990,000 | (402,000) | - | - | - | (24,824,520) | - | - | - |
| Operating Income (USD) | 479,000 | 1,566,000 | (1,676,000) | - | - | - | (29,609,358) | - | - | - |
| Operating Margin | 0.1% | 0.5% | (0.6%) | - | - | - | (12.1%) | - | - | - |
| % EBITDA Margin | 0.5% | 1.0% | (0.1%) | - | - | - | (10.2%) | - | - | - |
| NET Income (USD) | 403,000 | 1,157,000 | (975,000) | - | - | - | (34,981,296) | - | - | - |
| % Net Margin | 0.1% | 0.4% | (0.3%) | - | - | - | (14.3%) | - | - | - |
Rue du Commerce SAS - employee data
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