(AOF) – Fnac Darty and Ceva Logistics sign an agreement to create a joint venture dedicated to e-commerce logistics and the SaaS Marketplace. It would be called Weavenn and would offer a fully integrated offer, combining “the best technological marketplace solutions and efficient logistics for multi-channel distribution”. “This unique offering on the market would meet all the needs of e-commerce players, such as complete management of marketplaces, direct sales to consumers, or omnichannel delivery.
This new partnership project demonstrates the desire of the two groups to strengthen their position in an addressable European market valued at around 80 billion euros and whose growth is estimated at more than 10% per year. Within 5 years, the turnover of the joint venture could amount to more than 200 million euros and display a double-digit operating margin.
The planned cooperation would take the form of a joint venture held 50-50 between Fnac Darty and Ceva Logistics, operational from 2024, subject to approval by the competent authorities.
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