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Press Release Cnova July 27 , 2021 2021 Second Quarter Activity & First Half Financial Performance Marketplace , Digital Marketing & Octopia dynamics drove a robust 2021 first half performance Double - digit marketplace growth to € 747m in 1H21 ( + 33 % vs 1H19 ) reaching 46 % GMV share Marketplace revenues growing fast at + 17 % in 1H21 ( + 39 % vs 1H19 ) to reach € 199m on a LTM basis Digital Marketing continued expansion : + 44 % to 29 million euros in 1H21 ( + 72 % vs 1H19 ) Octopia more than tripling first half GMV in 2 years to 53 million euros , + 60 % y - o - y 2021 guidance confirmed : EBITDA target of € 160m AMSTERDAM - July 27 , 2021 , 07:45 CEST Cnova N.V. ( Euronext Paris : CNV ; ISIN : NL0010949392 ) ( “ Cnova " ) today announced its second quarter activity and first half unaudited financial results for 2021 . 1H21 Highlights For the first half of 2021 , Cnova demonstrated robust financial performance driven by solid B2C performance versus a challenging 2020 comparable period . Increasing marketplace GMV ( Gross Merchandise Volume ) share , the continued acceleration of marketplace revenues and digital marketing as well as Octopia dynamic growth and commercial ramp - up continue to strengthen the Group's profitable business model . Marketplace performance at the heart of Cnova's strategy to achieve profitable growth . The marketplace grew by + 10 % in the first half 2021 compared to last year now representing 46 % of GMV share ( +4 points ) , with . Comparing marketplace performance to first half 2019 , GMV CAGR increased + 15 % and GMV marketplace share increased by +8 points . Marketplace revenues¹ grew by + 17 % in the first semester , reaching € 199m over the last twelve months ( " LTM ” ) . This growth was supported by the acceleration of Cdiscount Fulfilment , which represented 35 % of marketplace GMV in the first half 2021 , increasing by +5 points y - o - y . Digital marketing revenues increased by + 44 % in the first half 2021 compared to last year , reinforcing Cnova's most profitable activity . It was powered by Cdiscount Ads Retail Solution ( CARS ) , a 100 % self- care advertising platform enabling both sellers and suppliers to promote their products and brands . Octopia , Cnova's turnkey marketplace solution for EMEA retailers and e - merchants , showed strong growth with its solutions now fully operational for commercial roll - out : historical Products - as - a- Service and Fulfilment - as - a - Service solutions increased by + 60 % y - o - y . Merchant- and Marketplace - as - a- Service solutions benefited from a strong start with 3 contracts signed and 4 LOIs signed since the beginning of the year and with many other qualified prospects identified . GMV reached nearly € 2bn , increasing by + 2 % compared to 2020 and + 14 % vs. 2019. This solid performance was supported by a very strong first quarter , delivering a + 12 % GMV growth and a + 34 % Marketplace increase . The second quarter performance demonstrated resilience as compared to the exceptional second quarter last year , with a -6 % decrease in GMV or -3 % when adjusting Q2 2020 for mask sales² . Comparing this first half of 2021 to H1 2019 performance , GMV Compound Annual Growth Rate ( " CAGR " ) amounts to + 7 % . As a result , and in light of exceptional circumstances during the second quarter of last year , EBITDA remains stable at € 49m in 1H 2021. Comparing EBITDA performance to first semester 2019 , CAGR reaches + 58 % over the last two years driven by + 18 % CAGR for marketplace revenues and + 31 % CAGR for digital marketing . 1 Includes marketplace commissions after price discounts , marketplace subscription fee , as well as revenues from services to sellers ( marketing services , financial services , etc. ) 22Q20 figures adjusted for COVID - 19 hygienic masks sold to SMEs , Group Casino & public institutions : € 34m GMV , € 28m Net sales WS0101.33000036.1 1