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Nasdaq Welcomes Cnova N.V. (Nasdaq: CNV) to The Nasdaq Stock Market

NEW YORK, Nov. 20, 2014 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Cnova N.V. (Nasdaq:CNV), a leading global eCommerce company, commenced on The Nasdaq Stock Market on November 20, 2014.

Cnova, a unit of French global retailer Groupe Casino, is one of the largest global eCommerce companies with operations in France, Brazil, Colombia, Ecuador, Thailand, Vietnam, Ivory Coast, Senegal and Belgium. Through a combination of direct sales and marketplaces, Cnova offers a broad spectrum of customers an extensive product assortment with attractive pricing and highly differentiated delivery and payment solutions.

"Since the launch of its first website in 1998, Cnova has continued to expand and innovate in the eCommerce space. Cnova is now a market leader in France and Brazil, with a fast growing presence in emerging markets," said Adam Kostyál, Senior Vice President, Listing Services, Nasdaq. "Nasdaq congratulates Cnova on its initial public offering and we look forward to a continued partnership in the years to come."

By listing with Nasdaq, Cnova joins many of the world's largest and most revolutionary technology companies. Nasdaq has been the exchange of choice to over 73 percent of technology companies listed in the U.S. markets.

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

About Nasdaq:

Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com.

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CONTACT: Media Relations Contacts: Will Briganti (646) 441-5012 william.briganti@nasdaq.com Christine Barna (646) 441-5310 Christine.Barna@nasdaq.com

Source:The NASDAQ OMX Group, Inc.