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
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