Kogan Marketplace sees sales nearly triple year over year
Kogan Marketplace's 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 retailer's 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 prior year. It also reached a new milestone as Kogan.com surpassed 3 million customers. “We launch...
Source: crn.com.au