Groupe LDLC (FR:ALLDL) has released an update.
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LDLC Group has finalized the acquisition of Rue du Commerce, a prominent entity in the French e-commerce market for IT and high-tech products, which reported a significant business volume and revenue in the first half of the fiscal year. The purchase, costing €6m and funded through bank loans, aligns with LDLC’s strategy to enhance its BtoC market presence, expand its customer base, and increase profitability. LDLC, an established online retailer since 1997, continues to grow its multi-brand retail and e-commerce footprint, serving both individual consumers and businesses.
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