June 7, 2018 / 4:58 PM / 4 months ago

Qliro plans to operate certain units as independent companies

June 7 (Reuters) - Swedish online retailer Qliro Group AB said on Thursday it plans to operate three of its units — Qliro Financial Services, CDON Marketplace and Nelly — as independent companies to cut down on costs.

The company’s board is also evaluating a public listing or divestment of its fashion segment Nelly and potential structural transactions for its digital marketplace CDON. (Reporting by Shubham Kalia in Bengaluru; Editing by Shounak Dasgupta)

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