NTWRK completed the acquisition of Complex Networks from BuzzFeed for $109m.

NTWRK, a retail platform, completed the acquisition of Complex Networks, a brand that has defined culture and media innovation, from BuzzFeed, a news and entertainment company, for $109m. “The sale of Complex represents an important strategic step for BuzzFeed, Inc. as we adapt our business to be more profitable, more nimble, and more innovative. This is also an opportunity to unlock greater value for the Complex brand by combining it with NTWRK’s expansive, commerce-driven business," Jonah Peretti, BuzzFeed CEO.