Business
Booktopia’s sharemarket debut worth the wait – The Australian Financial Review
The online book retailer has finally listed on the ASX, four years after it was forced to pull the pin amid fears it would be annihilated by Amazon.
Fast forward to 2020 and Booktopia’s sales have risen from $80 million to almost $200 million, helped in part by a surge in online book sales during the pandemic. The e-tailer has increased its share of the total book market to about 6 per cent and the online book market to almost 15 per cent.
“The pandemic has helped move e-commerce from the side wings to front and centre stage,” Mr Nash said.
“Online retail is
-
Noosa News21 hours agoWas Sir Joh ‘God’, as David Littleproud says, or a template for Trump?
-
Noosa News21 hours agoNRL live updates: Brisbane Broncos vs Cronulla Sutherland Sharks, Sydney Roosters vs North Queensland Cowboys, Parramatta Eels vs Gold Coast Titans
-
General20 hours agoAustralia urges de-escalation as US strikes Iran
-
General19 hours agoAustralian government calls for de-escalation of war in Iran as Coalition endorses US strikes