Allegro completed the acquisition of WE|DO and Mall Group from PPF, EC Investments and Rockaway Capital, for $1bn.

Allegro, a Polish go-to e-commerce platform, completed the acquisition of WE|DO, a last mile delivery expert, and Mall Group, an e-commerce group in Central and Eastern Europe, from private equity firms PPF, EC Investments and Rockaway Capital for $1bn. "Over two decades, Allegro has become the favourite shopping destination for consumers in Poland. Together with Mall Group and WE|DO we will now be able to improve the everyday lives of not only the 18m customers we already serve, but also reach out to the rest of Europe with our offer," François Nuyts, Allegro CEO.