Business
Online retailer Kogan rakes it in as Black Friday sales break records – NEWS.com.au
Online retailer Kogan rakes it in as Black Friday sales break records
Online retailer Kogan has booked a huge spike in first-half net profit and declared a record dividend after its customer base surged beyond three million and Black Friday trading hit all-time highs.The company has been a big beneficiary of the pandemic-driven e-commerce growth, reporting a $23.6m net profit for the six months ending December 31 on Friday, up more than 164 per cent on the previous year.
Kogan said seven of its 10 biggest trading days ever occurred within the period around Black Friday,…
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