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    Cdiscount

    France flagFrance

    "Le spécialiste du discount en ligne"

    Founded August 26, 1999 Bordeaux, Homestead CEO: Emmanuel Grenier
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    About

    Cdiscount is a major French e-commerce company, ranking among the largest online retail platforms in France. The platform offers a wide range of products to consumers, including electronics, household appliances, furniture, food and many other goods, functioning as a broad online marketplace and retailer serving customers across multiple categories. Established as one of the pioneers of online retail in France, it grew into one of the leading e-commerce sites in the country, competing with other major online retailers and at times boasting strong sales and growth that outpaced the broader market. Over the years it expanded its operations beyond France into several other European countries, broadening its reach and establishing a presence in multiple markets across the continent. The company has also developed a marketplace model, allowing third-party sellers to offer their products through its platform alongside its own retail offerings, a common feature among large e-commerce companies. As one of the prominent players in the French and European online retail landscape, Cdiscount has played a significant role in the growth of e-commerce in its home market, providing consumers with access to a vast array of goods through its website. Its position as one of the top online retailers in France has made it a notable name in the country's digital commerce industry.

    Mission

    Cdiscount's mission is to offer French and European consumers a broad selection of products at competitive prices through its online marketplace and retail operations. It aims to be a one-stop e-commerce destination, covering categories from electronics to fashion, and enabling third-party sellers to reach a large customer base.

    History

    Hervé and Nicolas Charle founded Cdiscount on August 26, 1999, in Bordeaux. The brothers had previously run a physical electronics store and saw an opportunity to sell computer hardware and electronics online. Within a year, the Casino Group acquired the company, providing capital for rapid expansion.

    In 2008, Cdiscount launched its marketplace model, allowing third-party sellers to offer products on the platform. This move dramatically increased product selection and helped Cdiscount compete with Amazon. By 2011, the company expanded into Belgium and other European countries. Casino Group created Cnova N.V. in 2014 as a holding company for its e-commerce assets, including Cdiscount, and listed Cnova on Euronext Paris and the NYSE.

    The company acquired NaturaBuy and MisterGoodDeal in 2015, and launched new services like Cdiscount Voyages and Cdiscount Energie in 2017. Emmanuel Grenier became CEO in 2019, steering the company toward profitability after years of heavy investment. The COVID-19 pandemic in 2020 drove a 20% increase in GMV, making Cdiscount the second-largest e-commerce site in France. Since 2021, the company has focused on margin improvement, launching Cdiscount Mobile and investing €200 million in logistics automation. In 2023, Cdiscount partnered with Fnac Darty for logistics and delivery, and in 2024 it launched a second-hand goods marketplace.

    Subdivisions

    Cdiscount Marketplace

    Third-party seller platform accounting for over 50% of GMV.

    Cdiscount Pro

    B2B offering for professionals and businesses.

    Cdiscount Voyages

    Travel booking service for hotels, flights, and packages.

    Cdiscount Energie

    Energy comparison and subscription service.

    Cdiscount Mobile

    MVNO offering prepaid and subscription plans.

    Cdiscount Logistique

    Own logistics network with automated warehouses in France.

    Notable People

    Hervé Charle

    Co-founder, former CEO · 1999-2019

    Co-founded Cdiscount in 1999 and led its growth to become a top French e-commerce platform.

    Nicolas Charle

    Co-founder · 1999-present

    Co-founded Cdiscount with his brother Hervé.

    Emmanuel Grenier

    CEO · 2019-present

    Appointed CEO in 2019; shifted focus to profitability and led return to positive EBITDA.

    Jean-Charles Naouri

    Former head of Casino Group · 2000-2023

    Instrumental in Cdiscount's growth under Casino Group ownership.

    Philippe Palazzi

    Former CEO of Cnova · 2015-2019

    Led Cnova during its IPO and early years as a public company.

    Milestones

    1999

    Cdiscount founded by Hervé and Nicolas Charle in Bordeaux.

    2000

    Acquired by the Casino Group.

    2008

    Launched marketplace model for third-party sellers.

    2011

    Expanded to Belgium and other European countries.

    2014

    Casino Group created Cnova N.V.; listed on Euronext Paris and NYSE.

    2015

    Acquired NaturaBuy and MisterGoodDeal.

    2017

    Launched Cdiscount Voyages and Cdiscount Energie.

    2019

    Emmanuel Grenier became CEO; shift to profitability focus.

    2020

    COVID-19 pandemic drove 20% GMV increase; became second-largest e-commerce site in France.

    2021

    Launched Cdiscount Mobile; completed €200 million logistics investment.

    2022

    Revenue declined as company reduced promotional spending; marketplace share exceeded 50% of GMV.

    2023

    Announced partnership with Fnac Darty for logistics and delivery.

    2024

    Launched second-hand goods marketplace; continued focus on profitability and sustainability.

    Organization Info

    Founded
    August 26, 1999
    Headquarters
    Bordeaux, Homestead
    Country
    France
    CEO
    Emmanuel Grenier
    Parent
    Cnova N.V. (Casino Group)
    Type
    Other
    Revenue
    €3.2 billion (2022)
    Employees
    2,500–3,000
    Parent Organization
    Cnova N.V. (Casino Group)
    Stock Ticker
    CNV (Euronext Paris, NYSE)

    Financials

    Revenue
    €3.2 billion (2022)
    Employees
    2500-3000

    Official Website

    www.cdiscount.fr

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