Cnova
 |
|
| Public | |
| Traded as | NASDAQ: CNV |
| Industry | e-commerce |
| Founded | 2014 |
| Headquarters | Amsterdam, Netherlands and Sao Paulo, Brazil |
|
Key people
|
Jean-Charles Naouri, CEO and Chairman |
| Revenue | 3.42 billion euros (2015) |
|
Number of employees
|
5,500 (2015) |
| Website | cnovagroup |
Cnova N.V. is an e-commerce company, founded in June 2014. Cnova includes Cdiscount (operating in France, Belgium, Ivory Coast, Senegal and Colombia) and Cnova Brazil (operating in Brazil). Cnova N.V. is part of Groupe Casino, a French global retail company of which Mr. Jean-Charles Naouri is currently the chairman and CEO. Since November 2015, Peter Paul Estermann is the chairman of the board of Cnova N.V.
In 2015, the total sales of Cnova N.V. reached 4.835 billion euros and its total revenue reached 3.42 billion euros. At the end of 2014, Cnova counted 13.6 million active customers in the world.
The first operations began in 1998 with the founding of the e-commerce website Cdiscount, a single website focused on offering CDs and DVDs.
Cdiscount then expanded its business to encompass product categories such as consumer electronics, computers, home appliances and wine.
In 2008, the companies Pontofrio.com and eHub were launched in Brazil, providing e-commerce services to third-party retailers.
The Brazilian expansion continued in 2010 by adding the Extra.com.br and CasasBahia.com.br websites to the portfolio, and the creation of business unit focused on business-to-business wholesale called Pontofrio Atacado. In 2011, Cdiscount implemented its first marketplace and launched ComptoirSante.com, an e-commerce website dedicated to beauty products.
During the year 2012, two new websites were launched in Brazil. An online marketplace was also created on the Extra.com.br website in Brazil.
2014, Cnova, a global e-commerce company with a total gross merchandise volume of $4.9 billion, was created through a joint venture between Casino, GPA, Via Varejo and Exito. Cnova will be directly owned 46.5% by Casino (including its subsidiary Exito) and 53.5% indirectly by GPA, Via Varejo and certain founding shareholders of Nova Pontocom.
2014 saw the merger of both French and Brazilian e-commerce activities under the Cnova umbrella, as well as the Cdiscount expansion in Colombia, Ivory Coast, Belgium and Senegal.
The current geographies represent over 500 million people with Cnova sites in France, Brazil, Colombia, Ivory Coast, Belgium and Senegal, and operations in Brazil under the sites Extra.com.br, Pontofrio.com and Casasbahia.com.br. It operates B2B solutions, such as the eCommerce solution eHub, and niche sites both in France and Brazil, with Comptoirsante.com, Moncornerdeco.com, or Barateiro.com.
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Wikipedia