Cdiscount (CNova): The latest figures, news and market research on Cdiscount (CNova)

Turnover: 1.196 billion EUR (2023)

Country: France

Founded in 1999 in France, Cdiscount is a specialist in online commerce. Initially dedicated to the sale of second-hand CDs
Since 2000, Cdiscount has been a subsidiary of Groupe Casino, with online sales of 2.2 billion euros
In addition to household appliances, computers, DIY, gardening, games and sports, Cdiscount also offers festive items. Its online store dedicated to masquerade costume and party items was upgraded in 2018 to be more relevantly organized and responsive to demand.
Like its main competitor Amazon, Cdiscount makes its online distribution platform available to businesses, and the total volume of business passing through its platform is €2.8 billion 2023.

In 2023, Cdiscount's sales volume continues to decline, but its Ebitda improves 29/02/2024

Total activity of Cnova, parent company of cdiscount: sales volume of 2.8 billion euros.
Net sales of 1.196 billion euros.
the switch to a more profitable marketplace model is beginning to pay off, with Ebitda up 56%.

Online commerce: French websites threatened by new rivals 17/11/2023

Cdiscount is now in sixth position among the most visited e-commerce sites according to the Médiamétrie barometer.
FNAC is in ninth place among the most visited e-commerce sites.
E.Leclerc is now in fifth place and Carrefour in eighth.
The Chinese sites Shein, Temu and AliExpress enter and approach the Top 10 with ranks of 10th, 11th and 12th respectively.
Online sales are up 30% on 2019, according to the Fédération de l'e-commerce et de la vente à distance (Fevad).
FNAC Darty's figures show a 1.8% drop in online and in-store sales over the first nine months of the year.
Companies like Cdiscount stop loss-making promotional sales
ManoMano cuts a quarter of its workforce.

Cdiscount, the French champion that must change its business model in the midst of the Casino storm 17/11/2023

Czech billionaire Daniel Kretinsky and Casinotake over French e-commerce champion
In the third quarter, sales volume plunged by 13.5% year-on-year, to 667 million euros, and direct sales (products bought and resold by the site, as opposed to sales by third-party merchants present on its marketplace) by 35%.
At the end of the first half-year, Cdiscount posted a net loss of 47 million euros
The marketplace hosts third-party merchants, charges a commission of 7% to 15% on each order, and sells logistics services and advertising.
Cdiscount relies entirely on its marketplace.
The marketplace generates 63% of business volume, compared with 55% a year ago. The aim is to reach 70%. This is the model used by Polish e-tailer Allegro.
Cdiscount ranks sixth among the most visited sites.
The 1,600 third-party merchants maintain a broad offering of 80 million items.
Revenues from subsidiary Octopia, Mirakl's competitor which sells solutions for creating marketplaces, rose by 54%
The C-Logistics subsidiary increased its number of external customers by a factor of 6.

Fnac Darty's takeover of Cdiscount may be dead in the water 30/10/2023

DUNS: 424059822

Legal Name: CDISCOUNT

Address: 120 QUAI DE BACALAN 120-126, 33300 BORDEAUX

Number of employees: Entre 1 000 et 1 999 salariés (2021)

Capital: 6 642 913 EUR

Financial Data:

Year	2022	2021	2020	2019	2018	2017	2016	2015
Turnover	1 714 845 902	2 154 403 667	2 339 188 455	2 289 428 446	2 284 665 489	2 137 461 003	1 867 295 603	1 788 573 830
Gross margin (€)	564 180 410	720 968 299	783 182 706	661 925 422	591 737 763	525 914 906	463 032 190	415 989 629
EBITDA (€)	-76 064 910	-20 160 397	7 903 077	-41 697 615	-8 943 717	-19 508 741	-7 726 743	-21 922 824
Operating profit (€)	-53 739 124	-2 261 097	21 653 483	-29 232 957	-14 495 453	-25 788 252	1 287 378	-14 959 572
Net profit (€)	-96 313 500	-34 217 547	-29 215 110	300 934 622	-76 408 836	-90 184 604	-59 154 285	-57 480 328
Turnover growth rate (%)	-20,4	-7,9	2,2	0,2	6,9	14,5	4,4	10,7
Ebitda margin rate (%)	-4,4	-0,9	0,3	-1,8	-0,4	-0,9	-0,4	-1,2
Operating margin rate (%)	-3,1	-0,1	0,9	-1,3	-0,6	-1,2	0,1	-0,8
Working Capital (turnover days)	-54,3	-30,7	-22,6	-37,9	-25,4	-12,2	-12,5	-12,4
Working Capital requirements (turnover days)	-50,2	-30,4	-41,5	-33	-20,2	-6,9	-48,9	-55
Net margin (%)	-5,6	-1,6	-1,2	13,1	-3,3	-4,2	-3,2	-3,2
Added value / Turnover (%)	0,2	3,6	5,7	2,9	5,2	4,3	5,2	4
Wages and social charges (€)	68 655 241	85 576 269	107 865 978	98 952 234	111 085 815	93 010 786	84 830 577	77 441 132
Salaries / Turnover (%)	4	4	4,6	4,3	4,9	4,4	4,5	4,3