Asendia takes full ownership of eShopWorld as it delivers &#

Asendia takes full ownership of eShopWorld as it delivers €1bn in revenue
Image: © ontsunan/Stock.adobe.com
Irish e-commerce business eShopWorld is eyeing revenues beyond €1bn as it plans further expansion.
Following a new deal just announced, Dublin-headquartered eShopWorld will now be fully owned by international shipping provider Asendia.
Asendia, a joint venture between La Poste Group and Swiss Post, became a majority shareholder in e-commerce services company eShopWorld in 2017. It will now become the sole owner of eShopWorld, which employs more than 500 people in offices across Europe, Asia and the US.
Swords-headquartered eShopWorld will continue to operate as a standalone entity and the current management team will remain at the company.