from MCI.TechVentures portfolio with 21% revenue growth in fiscal year 2016 from MCI.TechVentures portfolio with 21% revenue growth in fiscal year 2016

Published SE, the leading online retailer for baby and toddler products in Europe and for customers in China, achieved in fiscal year 2016 21% increase in revenues with its continuing operations (EUR 194.8 million vs. EUR 161.0 million). The fourth quarter of 2016 was the quarter with the highest sales since the company was founded.

Throughout the year, also succeeded in significantly expanding its active customer base throughout the year. As of December 31, 2016, the Group had approximately 1.07 million active customers, an increase of 24% over the previous year. Full results are available on corporate website. was launched in 2010 and is Germany’s largest web store for baby products of daily need. It offers more than 20,000 products of over 300 brands, that young parents can comfortably order from home. The offer ranges from diapers, baby food and skin care to safety products as for example gates and monitors.
MCI invested in in 2012. Last year MCI.TechVentures Fund (MCI.TV) increased shareholding in the company to over 15 percent and thus, according to publicly available information, became the company’s largest shareholder.
MCI.TechVentures has a strong exposition on e-commerce market. Aside from, the Fund’s portfolio includes: (Poland’s leader in the e-grocery market), (the biggest online store in Poland for consumer electronics) and (the largest e-commerce store in the Baltic countries).


Related Stories
MCI.TechVentures Fund increases shareholding in the leading European online store to over 15 percent


MCI.TechVentures Fund (MCI.TV), managed by Private Equity Managers, increases shareholding in the, one of the leading online only retailers for baby and children's products. As the result of share purchases, Fund’s stake in now exceeds 15 percent and thus, according to publicly available information, MCI.TV has become the company’s largest shareholder. records dynamic revenue growth


The Polish online retailer on a rising wave. 
Azimo research: digital innovation in finance help Europeans save up to GBP 7 billion annually


Europeans could avoid paying up to GBP 7 billion in financial charges every year thanks to digital innovation helping them better manage their finances, according to international money transfer company Azimo. Company’s new research reveals nearly 90 per cent of consumers in the UK, Germany, Spain and France now use technology to manage their money rather than traditional banking and accounting services. 
NaviExpert has launched a mobile app simplifying searching for parking lot


NaviExpert, a company from MCI.TechVentures portfolio, has launched a new mobile app – FindPark. It simplifies the process of looking for a parking lot in Polish cities. FindPark users can check the location, address and price of the nearest place to leave their car. advertisement in TOP3 of the most popular video ads on Polish Internet

According to analysis of Gemius research agency, advertisements were among the most popular video ads on Polish Internet in February 2017. Two video clips of achieved 3rd and 4th position in terms of number of Internet users who started watching ads on the Internet.