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Kinnevik-backed Qliro’s CEO: ”Nelly to IPO and Cdon to be sold”
April 26, 2019

Publ. listed e-commerce group Qliro has announced the intention to separate its current entities Qliro Financial Services (QFS), Nelly and Cdon. The plan is reportedly for publicly list Nelly separately and a merger or complete sale of Cdon. QFS will most likely be retained in the Qliro Group. Nelly reported sales of SEK 1.39bn while Cdon had sales of SEK 1.56bn in 2018.

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