E-commerce firm Bango sees profit soar in online lockdown boom
E-commerce firm Bango sees profit soar in online lockdown boom Data-driven commerce company Bango saw revenue and profit soar last year as the group celebrated a boom in online payments during the pandemic. Revenue at the company rocketed 70 per cent to £12.2m last year as it inked new deals with Google and Amazon — up from £7.2m the year before. Bango also recovered from a loss of £2.3m in 2019 to deliver net profit of £4.7m last year. The group signed an agreement with Microsoft to bring cloud gaming services to telecoms firms around the world including Xbox, which...
Source: cityam.com