CyberFolks merges with Shoper to control $31B e-commerce empire

Three major deals in 18 months. That is the pace at which CyberFolks has been quietly assembling something that no other hosting company in Europe currently owns: a vertical stack running from infrastructure all the way through the software that merchants actually use to sell online.

The latest move came on May 21, when CyberFolks announced a full merger with Shoper, Poland’s leading e-commerce SaaS platform for small and micro businesses. Under the terms, Shoper shareholders receive 0.2281 CyberFolks shares for each share held, funded through 3,215,165 newly issued Series F shares. The combined entity continues trading on the Warsaw Stock Exchange under the cyber_Folks name. Shoper gets delisted. The merged group carries an approximate valuation of €1 billion.

To understand why this matters, it helps to trace the sequence. CyberFolks acquired a 49.9% stake in Shoper in late 2024 for roughly $135 million, closing that deal in January 2025. Twelve months later, in December 2025, the company signed an agreement to acquire PrestaShop, the dominant open-source e-commerce platform across continental Europe, for €53.765 million through a joint venture. That deal closed in February 2026. The full Shoper merger, announced three months after that, completes what is now clearly a deliberate consolidation rather than a series of opportunistic bets.

The two platforms serve different customers. Shoper handles merchants who want a fully managed hosted storefront with no technical complexity involved. PrestaShop attracts developers and more technically confident merchants who want direct control over their stack. Together, with Sylius covering headless and composable commerce, CyberFolks now addresses essentially the full range of how European merchants want to build and run online stores.

The number that anchors the entire story is €27 billion. That is the combined annual GMV flowing through Shoper and PrestaShop alone. CyberFolks CEO Jakub Dwernicki cited investor feedback as the primary driver for simplifying the group structure, with the stated goal of attracting institutional and international technology investors.

For competing hosting providers across Europe that offer PrestaShop hosting as part of their product lineup, the situation has shifted in a way worth paying attention to. They are now building on software owned by another hosting company.

The merger still requires shareholder approval at both companies.