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2 months ago

Laybuy eyes opportunities in the un-tapped instore market

Australian Business News
Australian Business News
Gary Rohloff, Managing Director of Laybuy (LBY) joins ausbiz to discuss its latest quarterly business activities update, with its Q1 gross merchandise value rising 48% to $184 million. Gary says the main runway for the company is in the United Kingdom, where it is one of the three major operating players, its United Kingdom Gross Merchandise Value more than doubled, reaching annualised GMV of NZ$398 million.. The company is also seeing opportunities in the in-store market as economies emerge from the COVID-19 pandemic. Gross Merchandise Value increased to a record NZ$184 million. Since June 2020, the company has added more than 4,800 active merchants, and have 356,000 new active customers, says Gary, which is helping drive exceptional growth across all regions, particularly our growth market of the United Kingdom.
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1 year ago