E-Retailer Plans Major Acquisition
E-Retailer Plans Major Acquisition

E-Retailer Plans Major Acquisition

E-Retailer Plans Major Acquisition

Determined to expand its already extensive fields of business, the giant e-retailer Digikala is reportedly planning to buy out Rocoland, an online supermarket based in Tehran. Digikala executives have mentioned a plan entailing the introduction of a new field of sale, i.e. food products, by taking over Rocoland, reported local e-zine Peivast which covers technology and startup news. The particulars to the deal have not been published yet, though reports point out that sealing the deal is currently tied to the last offer made by Digikala. Rocoland was established in 2016, providing services to citizens of Tehran ever since, listing various food products such as meat, vegetables and fruits. Orders worth above 800,000 rials ($19) will be granted free shipping services. Digikala, one of the major e-commerce platforms in Iran, was founded in 2006 by Hamid and Saeed Mohammadi. The company offers products of different categories such as digital commodities, books and stationery, cosmetics, home appliances, as well as accessories and clothes.


Short URL : https://goo.gl/ZoUAWN
  1. https://goo.gl/TGcHsR
  • https://goo.gl/ckgpQ7
  • https://goo.gl/ydwBdJ
  • https://goo.gl/vPmcA1
  • https://goo.gl/y1bJZY

You can also read ...

Fresh Forex, Gold Coin Rally in Tehran Market
After a period of calm, the US dollar is once again surging in...
SpaceX founder Elon Musk says block 5 boosters should be able to fly 50 to 60 times with minimal refurbishment between flights.
Lighting up the deep overnight sky, a SpaceX Falcon 9 rocket...
Guidance Forum for Startups
The local accelerator Novintech is set to hold a Q&A...
Iran-Europe Business Center Hosts Talks in Berlin to Foster Tech Ties
A meeting has been held between Iranian and European startups...
The IFB debt market, where most of the Islamic bonds are sold, is currently worth over $13 billion.
Average yield to maturity in the Iranian debt market has...
Isfahan Airport to Increase Plane Parking Capacity
Isfahan International Airport’s parking project has started...
Time to Resume Garlic Exports  to Iraq
Iraq’s Agriculture Ministry had banned the import of Iranian...
Seafood Exports Earn $50m in 2 Months
About 16,000 tons of seafood worth close to $50 million were...

Add new comment

Read our comment policy before posting your viewpoints