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New Deal


Announced

Qoo10 to acquire ShopClues.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Single Bidder

Majority

Private

India

online marketplace

E-commerce

Acquisition

Friendly

Pending

Synopsis

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Qoo10, a Southeast Asian e-commerce platform, acquired ShopClues, an online marketplace. The transaction is rumored to have valued ShopClues at $70-100m, altough financial terms were not disclosed. “This partnership presents new strategic opportunities for both companies, as it opens up cross border opportunities for consumers and sellers across Asia,” ShopClues statement.

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