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Why has the Kogan (ASX:KGN) share price plummeted 10%?

Why has the Kogan (ASX:KGN) share price plummeted 10%? Ken Hall | April 23, 2021 10:09am | More on: The Kogan.com Ltd (ASX: KGN) share price has plummeted in early trade today, dropping 10.4% in the opening moments. That comes after the Aussie online retailer’s latest business update highlighting “strong growth” in multiple metrics. At the time of writing, the Kogan share price is trading at $11.17 apiece.  What’s driving the Kogan share price? Kogan this morning provided an update...
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Kogan Marketplace sees sales nearly triple year over year

Kogan Marketplaces gross sales have grown by 194.3 percent in the first half of FY21 compared to the same period last year, according to an ASX half-year report. Gross sales for the online retailers third-party listings division netted the company over $150 million in gross sales and accounted for 11.7 percent of the gross profit of the company as a whole for H1 FY21. Overall, Kogan Group saw a massive year over year increase, including $638.2 million in gross sales, up 97.4 percent from the pr...
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Source: crn.com.au

Kogan at 3M customers: 'we're just getting started'

Kogan at 3M customers: ‘we’re just getting started’ During the six months ending 31 December 2020, Kogan reported gross sales of A$638.2 million. Ruslan Kogan (Kogan) Credit: Kogan Online electronics retailer Kogan has touted a new record in its latest half-year financials, claiming more than 3 million active customers, with the company’s founder and CEO Ruslan Kogan saying that, despite the milestone, it feels like his company is just getting started. "We launched Kogan....
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