Czech trend search engine Glami is buying Stileo, a trend ecommerce platform working in Italy. In line with the businesses, they generate over 500k month-to-month orders to partnered retailers. Collectively, the platforms goal to develop to 1 million orders a month.

Glami, based in 2013 within the Czech Republic, is a trend search engine with over 3000 companion retailers. Italian trend platform Stileo began in 2014, connecting to over 220 on-line retailers.

40 million and seven million guests

Glami at the moment has over 40 million guests a month. The search engine is energetic in 18 international locations throughout Europe, lately launched in Spain. The Poland-based Stileo primarily operates in Italy, garnering 7 million month-to-month guests. Amongst its partnered retailers are Amazon, Farfetch, Excarpe and Maxi Sport.

14 markets

Though Glami is buying Stileo, the latter will proceed to function beneath its present title. The platforms will probably be technologically built-in this month.

Their joint aim is to develop to 1 million month-to-month orders.

Collectively, the businesses will function in 14 markets. The style platforms declare to generate over 500k month-to-month orders to partnered retailers. Their joint ambition is to extend this to 1 million orders monthly.

‘Play an necessary position in e-commerce in Europe’

Glami co-founder and CEO Tomáš Hodboď says he’s proud to develop the corporate by acquisition somewhat than on the lookout for an investor. “With this acquisition, we will probably be combining the strengths of each groups beneath one firm with greater than 130 staff. We’re creating a powerful tech staff that performs an necessary position in e-commerce in Europe.”

“We will probably be combining strengths with over 130 staff.”

“We’re thrilled to affix GLAMI’s superior tech platform with its newest options and inside product and growth sources,” Stileo’s CEO Igor Smolny says. “Over the previous couple of years GLAMI invested closely into the implementation of machine studying applied sciences into its tech stack and noticed nice outcomes on the subject of personalised product suggestions, similarity and scalable content material administration fashions.”

“GLAMI is invested closely in machine studying applied sciences.”

He provides: “By becoming a member of our corporations collectively, each our Italian customers in addition to partnering e-shops will probably be quickly in a position to profit from these applied sciences. We proceed on our mission to turn out to be the primary selection for Italian customers on the subject of trying to find trend.”

By Piszz