Cyber_Folks to Boost R&D Investments Following PrestaShop Acquisition, Expanding E-commerce Reach
Cyber_Folks S.A., a leading Polish technology group, is set to significantly enhance its research and development (R&D) efforts following its acquisition of PrestaShop. According to Jakub Dwernicki, CEO of Cyber_Folks and Shoper, the transaction will enable the company to expand its e-commerce operations into new international markets. This strategic move aligns with the group's vision of strengthening its position in the digital infrastructure and online business solutions sector.
The acquisition of PrestaShop is expected to complement Cyber_Folks' existing e-commerce platform, Shoper, by broadening its technological capabilities and market reach. The company aims to leverage this development to support small and medium-sized enterprises (SMEs) in their digital transformation journey, particularly in cross-border e-commerce.
Cyber_Folks' focus on innovation and market expansion underscores its commitment to driving growth in the e-commerce and digital infrastructure space.
Relevance: This article is relevant to Cyber_Folks S.A. as it highlights a key acquisition and strategic investment in R&D, which directly impacts its e-commerce platform segment and supports its mission to expand into new markets.