The Tengelmann Group further expands its E-Commerce-Portfolio
The Tengelmann Group announced today that it is strengthening its commitment to E-Commerce by taking a share in Supreme NewMedia via the subsidiary company Tengelmann E-Commerce.
- (1888PressRelease) December 28, 2010 - "We are extremely delighted to support the innovative Supreme Team during their international expansion. The new investment fits perfectly into our E-Commerce Portfolio, and we plan to increase our investments in technology companies in the future", said Karl-Erivan W. Haub, Managing and General Partner of the Tengelmann Group.
"With Tengelmann we have found a partner who completely understands commercial dealings, offers an exciting network and who will support us in the years to come with the realisation and further development of our innovative projects", explained Philipp Kraft, CEO of Supreme NewMedia GmbH. This includes the exclusive B2B market place "Supreme Sale" and the
Shop-System "Supreme Shop," which is based on Wordpress.
Through complex but user-friendly e-Commerce-Services, Supreme NewMedia grants small and medium sized traders easy access to the online-world. Supreme has been a trusted expert in refining eBay bids since 2004. With over 350,000 sellers and almost 5 million constant live bids on the largest online-market place, Supreme is one of the world's leading eBay tools. The
company's innovative powers have earned it much prestigious recognition, including the RedDot and IF Design Awards.
Supreme NewMedia shares are now held by Tengelmann E-Commerce, located in Mülheim an der Ruhr. The 100-percent subsidiary company of the Tengelmann Group has been taking shares in rapidly growing young companies under the
motto "Funding your ideas" since the end of 2009 and is now already one of the most prominent start-up investors in Germany. Investments are focused on E-Commerce- and Social-Commerce-concepts, market places as well as Internet-and Web 2.0-technologies.
The Tengelmann Group is an international active multi-branch trader, and includes among others the subsidiary companies OBI, KiK, Kaiser's Tengelmann and Plus Online. The family business was founded in 1867 in Mülheim an der Ruhr and is currently managed by its fifth generation. The company is active in 16 countries and has more than 84,516 employees in 4,519 branches with annual sales of EUR 11.34 Billion.
###
space
space
Satisfied Users & 
Approved Press Releases
Print
Email
Report Spam