Clipperton is pleased to announce another M&A transaction for a marketplace this year with the acquisition of Videdressing by leboncoin Groupe, the leading classifieds platform.
With this strategic move, leboncoin positions itself as major player in the online fashion market in France and will be able to capitalize on Videdressing’s brand, transactional expertise and technology.
The transaction highlights Clipperton’s expertise in digital marketplaces following the sale of online travel platform Musement to TUI Group [TUI.AG] announced last month.
Founded in 2009, Videdressing is the first collaborative platform dedicated to purchasing and resale of second-hand fashion and luxury items (bags and leather goods, clothing, shoes and accessories) created in France. With 1 million online ads, 25,000 transactions and 3 million unique visitors monthly, Videdressing achieved a turnover of approximately 35 million euros in 2017.
