In its second-largest acquisition, Amazon buys the company for $970 million.
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Through its proactive collection strategy, Reevoo has collected more than two million impartial pieces of social content from genuine customers; this social commerce content is displayed to shoppers more than half a billion times every month.
Several well-known retailers have already signed up to use products from Reevoo’s new portfolio. Previously published figures from Reevoo’s 120 partners - including Tesco, Best Buy, Jessops and Dixons – show that social commerce solutions generate an average sales uplift of 18%.
Reevoo (http://b2b.reevoo.com) is Europe’s leading provider of social commerce solutions. Reevoo has been deployed by more than 120 major brands including Sony, BestBuy, Tesco and Dixons helping them to achieve average sales uplifts of 18% through boosted conversion rates and increased order values, turning browsers into shoppers.
Reevoo has solicited more than two million pieces of independent, impartial social content from genuine customers. To help consumers make their purchase decision, Reevoo provides easy access to this content to shoppers across the Reevoo network more than half a billion times every month.
Reevoo’s consumer website (http://www.reevoo.com) also presents shoppers with everything they need to decide what to buy, including impartial customer reviews, price comparison, expert advice, product information and voucher deals.