Cross-border ecommerce group Samarkand to go public
February 9, 2021
Samarkand Group, a UK ecommerce company that helps brands sell in China, is planning to raise £10 million on the Apex segment of London's Aquis Stock Exchange Growth Market. The float, which is expected to value the company at around £50 million, is slated for March. Samarkand offers a software platform called Nomad, which supports commerce, distribution, logistics, payments and analytics. The company generated £6.8 million in revenue for the year ended March 31, 2020.