Locked content WP sees e-commerce revenue at 75% of total

Wirtualna Polska (WP) expects that revenue from e-commerce segment will increase to 75 percent of total revenue compared to 58 percent currently, CEO Jacek Świderski said. He also informed that until the end of 2018 Wirtualna Polska may buy an e-commerce company operating in the Central and Eastern ...

Locked content Wirtualna Polska Q4 profit drops

WSE-listed media group and operator of the wp.pl portal, Wirtualna Polska had PLN 9.68 million consolidated net profit in Q4 down from PLN 23.12 million last year, the company said in a market filing. Revenues were at PLN 137.57 million, up from PLN 122.77 million the year before. EBIDTA was at PLN ...

Locked content WP Q2 profit grows

WSE-listed media group and operator of the wp.pl portal, Wirtualna Polska had PLN 13.8 million consolidated net profit in Q2 up from PLN 12.81 million last year, the company said in a market filing. Revenues were at PLN 110.88 million, up from PLN 100.77 million the year before. EBIDTA was at PLN 34...

Locked content Wirtualna Polska to buy stake in eSky travel agent

WSE-listed media group Wirtualna Polska signed a conditional agreement to acquire for PLN 15.6 million a 6.3 percent stake in online travel agent eSky.pl, the companies said in a market filing. “The transaction represents a consistent implementation of the strategy to increase the share of e-commerc...

Locked content WP profit up. Hopes to match e-commerce revenue with ad sales

WSE-listed media group and operator of the wp.pl portal, Wirtualna Polska had PLN 53.76 million consolidated net profit in 2016 up from PLN 4.33 million in 2015, the company said in a market filing. Revenues were at PLN 415 million, up from PLN 325 million the year before. EBIDTA was at PLN 132.16 m...

Locked content Wirtualna Polska acquires 75% of shares in Nocowanie.pl

Online media group Wirtualna Polska Holding has acquired 75 percent of the shares in Nocowanie.pl for PLN 22 million, the company said in a statement. “Wirtualna Polska has not only strengthened its position as the leader in tourism e-commerce, but has also reduced short-term income fluctuatio...

Locked content Wirtualna Polska acquires TotalMoney.pl for PLN 14.5 mln

Grupa Wirtualna Polska (WP) has acquired 100 percent of the shares in TotalMoney.pl  for PLN 14.5 million, the company said in a statement. “Due to the combined structure, we will reach even greater and better profiled user groups. From the perspective of the financial market as a client, ever...

Locked content Wirtualna Polska gets TV license

Wirtualna Polska Holding (WPH) was granted a tv consession by Krajowa Rada Radiofonii i Telewizji (KRRiT), the National Broadcasting Council. In late September, WPH applied to Krajowa Rada Radiofonii i Telewizji (KRRiT), the National Broadcasting Council to launch its own TV channel. It should be av...

Locked content Wirtualna Polska acquires Enovatis

WSE-listed Wirtualna Polska Holding (WPH) is acquiring Enovatis, the owner of wakacje.pl, easygo.pl and wypoczynek.pl, the company reported. The value of the deal totals PLN 83.56 million.”The purchase of Evatis is the biggest transaction since the merger of WP and o2. It brings us closer to t...