Vente-Privee Seeks $11 Billion Revenue With Flash Sales Online
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Vente-Privee.com, France’s third most-popular online retailer behind Amazon.com Inc. and eBay Inc., plans to more than quadruple revenue in the next decade by extending the model of flash sales that it pioneered at home.
The retailer, partly owned by Qatar Holding LLC, is aiming for annual sales of 6 billion euros to 8 billion euros ($11 billion) by about 2024, founder Jacques-Antoine Granjon said in an interview at his office on the outskirts of Paris.