PCR Tech and IT retail, distribution and vendor news
OnBuy has announced it has made the Financial Times 1000, securing spot 331. The online retailer reported a 479% increase in revenue growth between 2017 and 2020. This is important news for Bournemouth-based OnBuy following its successful 2021, seeing product listings hit over 36 million. OnBuy anticipates further growth in 2022 with plans of expansion and a roadmap of major product developments, further improving its services to its retailers and customers alike.
Cas Paton, CEO and Founder of OnBuy said: “Being listed in the FT1000 is a huge achievement for OnBuy and I am incredibly proud of the whole team, who has contributed to our success.
“We can attribute our growth to our commitment to providing a fairer ecosystem for both sellers and buyers, with a simple flat fee structure and a rapidly growing range of products, giving consumers value and convenience. It’s really important to us as a company that our values remain consistent with fairness and transparency always at the heart of the business. We’re growing rapidly and I am excited to see what this year holds for us”.
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