WPP acquires Cloud Commerce Group as part of its accelerated growth strategy

WPP announced that it has acquired Cloud Commerce Group (CCG), a UK-based technology company that helps brands to market, sell and deliver their products across e-commerce platforms and marketplaces globally, such as Amazon, eBay, Etsy and Wayfair.

CCG is one of the top companies in multi-channel ecommerce software, supporting hundreds of European retailers and wholesalers.

Their software platform helps brands across the entire commerce journey, connecting customer acquisition and multi-platform commerce, with warehousing, inventory, and fulfilment partners. Its solution integrates with the most widely-used and popular marketplaces including Amazon and eBay, ecommerce platforms including Shopify and Magento, and multiple accounting systems, payment gateways and fulfilment partners.

The platform powers over 1 billion pounds in gross merchandise value (GMV) annually through its various integrations.

The company will now join the Wunderman Thompson global network as part of its commerce and technology proposition.

This acquisition showcases WPP’s ongoing investment into strengthening its commerce offer for clients and is aligned with WPP’s accelerated growth strategy.

Mark Read, CEO of WPP, said, “Clients look to WPP to help them market, sell and fulfil across multiple ecommerce channels and marketplaces. With over 1 billion pounds revenue transacting through its platform, Cloud Commerce Group already has demonstrable scale and success in managing the complex omnichannel commerce needs of global brands. I’m excited about how CCG’s expertise will further strengthen the breadth and depth of our commerce offering to deliver growth for our clients.”

Info@BestMediaInfo.com