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Kelowna-based Vejii becomes the world's largest online vegan marketplace

Local news for Kamloops and the Thompson-Nicola Regional District. Stuff that matters! ....

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Online Retailer Vejii Acquires Vegan Essentials for $1.4 Million

Online Retailer Vejii Acquires Vegan Essentials for $1.4 Million
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Grocery Store Vegan Essentials to Be Acquired in $1.4 Million Deal with Plans to Go Public

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Canada-based vegan marketplace Vejii recently signed an intent to acquire Vegan Essentials for $1.4 million. Established in 1997, Vegan Essentials is the longest-operating vegan marketplace in the United States and, with the acquisition, would expand to serve a larger demographic. “Vejii’s acquisition of Vegan Essentials is not only a significant milestone for the company, but for the plant-based market as a whole,” Ryan Wilson and Mary Ernster, co-founders of Vegan Essentials, said. “With this acquisition, we believe Vejii is poised to leverage the rapid growth of the plant-based online retail market, driven by consumer demand, access to new products, and the largest selection of plant-based products in one place.” ....

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Vejii acquires Vegan Essentials and closes C$10m capital raise

Vejii Holdings, an online retailer of plant-based products, has acquired VeganEssentials.com and closed a C$10m capital raise led by Eight Capital, becoming the largest online marketplace in the US that exclusively sells vegan products, says Vejii CEO Kory Zelickson.
Vejii, which launched its online business approximately four months ago in the US, and in Canada last week, carries over 3,000 SKUs of often hard-to-find plant-based products. Its target audience is flexitarian consumers who may still eat meat but are looking to incorporate more plant-based foods into their diet, says the company.
Vejii Express items - the site s most popular SKUs - are shipped from Vejii s warehouse in Austin and arrive in a single shipment within two-business-days, while all other items in a single order can come from multiple warehouses through its partners and may arrive in separate shipments. ....

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