The German HSE has sold a stake in the online store Shopping Live to its founder. Details of the deal are not disclosed. Ilya Kirik founded the company in 2011 and headed it until 2020. The founder’s return to the business will allow Shopping Live to reach a new level of development, according to HSE.

The German HSE sold a stake in the online store Shopping Live to its founder
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The German company Home Shopping Europe (HSE) sold its stake in the online store Shopping Live to its founder Ilya Kirik. The company did not disclose the details or terms of the agreement.

The HSE noted that the founder’s return to the business will allow it to reach a new level of development.

Kirik launched Shopping Live in 2011 and led the company until 2020.

According to the Unified State Register of Legal Entities, the Shopping Live store is managed by Director Trade LLC, which is 100% owned by K2 Invest. In the latter, Ilya Kirik has 99.9%, 0.1% belongs to Dmitry Kuznetsov.

Author:

Kirill Bilyk

Source: RB

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