Marquard Media enters the e-commerce market
As part of the current financing round, Marquard Media AG is acquiring a 25.1 percent stake in Hamburg-based Sqoops, an e-commerce company specializing in games, family entertainment, and edutainment. The company cites the industry’s high sales figures as the reason for its entry into e-commerce.
As part of the current financing round, Marquard Media AG has acquired a 25.1% stake in Hamburg-based Sqoops, an e-commerce company for games, family entertainment and edutainment. According to the press portal, the company justifies its entry into e-commerce with the high turnover in the sector. Worldwide, the sector is experiencing double-digit growth. The German Computer Media AG, based in Fürth, in which Marquard Media holds 88 percent of the shares as majority shareholder, had already acquired 15 percent of Sqoops last September and is now increasing its stake to 25.1 percent.
