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Online marketplace OnBuy gets £35m investment

Poole-headquartered OnBuy.com features more than 7,000 retailers hosting more than 36million products. In four years, it has reached a gross merchandise value of £155m with its first £8m of investment. Cas Paton, founder and chief executive of OnBuy, said; “The global e-commerce market is expected to total 4.2 trillion US dollars by the end of 2021, a figure that is set to grow even more over the next few years. “However it’s alarming to see that the industry is still following ...
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