Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has signed an MOU with Brazilian home improvement retailer Leroy Merlin to expand the e-commerce business of the construction and home improvement specialist.
“As part of the cooperation, Wirecard will support the marketplace of Leroy Merlin in Brazil. The B2C marketplace provides a platform where both in-house Leroy Merlin brands and partner suppliers can reach shoppers. Present in Brazil with 41 stores and boasting a portfolio of 100,000 items, the recent overall revenue of Leroy Merlin in Brazil totaled almost USD 1.4 billion.”
Speaking about the collaboration, Cristiano Ceravolo Athayde, Head of Marketplace at Leroy Merlin, stated:
“We are excited to continue growing our marketplace solution, which has already been well-received in Brazil. We have chosen Wirecard to support our marketplace expansion due to their extensive know-how in digital marketplaces, both in Brazil and worldwide. Having invested heavily in our digital expansion, we have high ambitions for our online solutions. In 2018, we welcomed 10 million visitors to our website each month, and we expect that number to continue increasing as we improve our product and service offering.”
Sandra Meermann Hying, Member of the Board at Wirecard in Brazil, added:
“As e-commerce in Brazil continues to boom, we are proud to be at the forefront of digital innovation for merchants. With our marketplace offering, which can be tailored to the needs of any business, we are confident that Leroy Merlin suppliers will enjoy a streamlined and convenient management solution. We look forward to cooperating further with Leroy Merlin on a global scale.”