Bulgarian eCommerce-as-a-service platform CloudCart expands to Romania

CloudCart, the eCommerce-as-a-service platform founded in 2016 by brothers Nikolay and Petar Ilievi in Bulgaria, has launched in Romania. The company offers easy-to-use software to automate the creation of online stores, as well as a complete ecosystem of partnerships, tools and support services.

In the medium term, CloudCart also aims to expand to Serbia, Bosnia Herzegovina, and Croatia.

The company currently operates in seven regional markets and says its targets include 100% growth in at least three key markets - Bulgaria, Romania, and Greece. In Romania, it already works with around ten active stores and intends to strengthen its presence through strategic partnerships with banks and other relevant companies.

“We are delighted to now be present in Romania, a market with huge potential in e-commerce. With CloudCart, we offer a unique business model, an eCommerce-as-a-service solution perfectly adapted to the needs of local online shops, and we are ready to actively engage in their growth. Our development plans include, among others, expanding partnerships and also the local and regional network of agencies, freelancers and various industry-relevant companies to provide our customers with more value in their growth and development,” said Nikolay Iliev, CEO and co-founder of CloudCart.

The platform currently includes more than 1,500 companies, mostly in industries such as technology, fashion, and beauty. In 2022, merchants operating through the CloudCart platform recorded cumulative sales of up to EUR 300 million.

(Photo source: the company)