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10. 6. 2021, Tomas Říha

Top news: Rockaway Capital, PPF, and EC Investments are buying the FAST Group, a leading consumer electronics vendor

The existing shareholders of the FAST Group are announcing that they have entered into an agreement to sell 100 % of their shares in the group to a consortium consisting of PPF, EC Investments, and Rockaway Capital. For this purpose, the buyers have founded SLUGGERIA a.s., in which PPF has a 40 % share, EC Investments 40 %, and Rockaway Capital a 20 % share

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The #2 company on the on-line electronics market has grown double and added a total of 5.5 billion

The GEEKs at CZC.cz have had a record fiscal year*, during which they processed 1.5 million orders worth CZK 5.5 billion excluding VAT, resulting in 30 % year-over-year growth. They did well in the computer and gaming categories, as well as in the B2B segment, where year-over-year revenue growth more than doubled to 77 %. Together with its customers, CZC.cz also helped collect more than CZK 3 million for laptops, among other things, for children from disadvantaged families.

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Last year the MALL Group processed more than 14 million orders, and for the first time is in the black

The MALL Group has had a milestone year. The e-commerce group, which includes the MALL internet marketplace. the popular CZC.cz electronics e-shop, as well as the Vivantis and ProZdravi.cz e-shops, turned a profit for the first time. During the past business year the MALL Group succeeded in generating revenues of CZK 20.7 billion, which represents 26 % growth year-over-year. Though the group was helped into the black by the pandemic-related internet shopping boom, the main reason was a significant improvement in the transaction economy, MALL’s transformation into a marketplace, and success in international markets.

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