GlobalNetXchange announced today that German retailer Karstadt Quelle AG has joined GNX as an equity partner. Karstadt Quelle, headquartered in Essen, Germany, is Europe's largest non-food retailer.
GlobalNetXchange is an online business-to-business supply chain marketplace for the retail industry. With the addition of Karstadt Quelle, GNX now has eight equity partners representing more than $260 billion in committed purchase volume. GNX also has eight non-equity members with a potential purchase volume of approximately $55 billion.
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