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Posted: 2020-09-22 18:10:22

Mirakl raises $300 million for its marketplace platform

From Romain Dillet at eCommerce – TechCrunch
Originally published 2020 09 22
Many e-commerce companies rely on third-party sellers to increase their offering. Instead of having one seller selling to many customers, marketplaces let you sell products from many sellers to many customers. Mirakl has built a solution to manage the marketplace of your e-commerce platform.
For sellers, it’s quite obvious. You can create a company profile and promote products on multiple marketplaces at once. But the company is also starting to work with payment service providers, fulfillment companies, feed aggregators and other partners. The company wants to become a one-stop shop on marketplaces with those partners. Overall, Mirakl-powered marketplaces have generated $1.2 billion in gross merchandise volume (GMV) during the first half of 2020. It represents a 111% year-over-year increase, despite the economic crisis.
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Tags:eCommerce,Enterprise,Fundings & Exits,Startups,France Newsletter,marketplace,mirakl