[TechWeb] reported on July 28th news, according to foreign media reports, sources said, Alibaba, US online retailer eBay and Private Equity Investment Firm CVC Capital is bidding for Eastern Europe top auction website Allegro.
Ali is bidding for auction website Allegro
sources said the end of the year is expected to reach a value of 20-30 billion (22-33 billion) of the transaction. In addition, Poland portal Wp.pl and Onet.pl are also interested in Allegro.
sources said, Allegro is not only a gateway to Poland, but also access to the region portal."
foreign media said, Poland e-commerce market size of more than $8 billion, about 22000 online stores. By 2020, its size will double.
Allegro was founded in 1999, has more than 14 million customers, not only with the local competition, but also with eBay and the United States and other Amazon competition.
CVC, Alibaba, eBay and Allegro were not foreign media reports to comment.