October 01, 2014 5:01 AM ET

Internet and Catalog Retail

Company Overview of Nova Pontocom Comércio Eletrônico S/A

Company Overview

Nova Pontocom Comércio Eletrônico S/A owns and operates online stores for electronic products including Extra.com.br, PontoFrio.com.br, and Casasbahia.com.br. The company was founded in 2011 and is based in São Paulo, Brazil. As of October 17, 2013, Nova Pontocom Comércio Eletrônico S/A operates as a subsidiary of Companhia Brasileira de Distribuicao.

Rua Gomes De Carvalho, Nº 1609

4º andar

São Paulo, SP 04547-006

Brazil

Founded in 2011

Phone:

55 11 4003 4336

Key Executives for Nova Pontocom Comércio Eletrônico S/A

Nova Pontocom Comércio Eletrônico S/A does not have any Key Executives recorded.

Nova Pontocom Comércio Eletrônico S/A Key Developments

Nova Pontocom Announces Sales Results for the Second Quarter and Six Months Ended June 30, 2014

Nova Pontocom announced sales results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported sales of BRL 1,283 million against BRL 949 million last year. For the six months, the company reported sales of BRL 2,591 million against BRL1,806 million last year.

Cnova and Nova Pontocom Appoints Jean-Jacques CHARHON, as Chief Financial Officer and David MOSSÉ, as General Counsel

Cnova and Nova Pontocom (in Brazil), announced the appointments of Jean-Jacques CHARHON, as Chief Financial Officer and David MOSSÉ, as General Counsel. As part of his duties, Jean-Jacques Charhon will also be responsible for the relations with investors. Jean-Jacques Charhon previously served as chief financial officer in various international Groups in Europe and in the United States.

Nova Pontocom Reports Sales Results for the First Quarter of 2014

Nova Pontocom reported sales results for the first quarter of 2014. For the quarter, the company reported gross sales of BRL 1,467 million against BRL 952 million a year ago. Net sales were BRL 1,308 million against BRL 857 million a year ago. Gross sales revenue growth was driven by the moment for sales of smartphones, which surpassed the growth rate registered in fourth quarter of 2013, and of air conditioners and fans, which were driven by the hot weather in the first quarter.

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