08-07-2020 17:37 via retailgazette.co.uk

OnBuy to go global after securing £5m cash injection

// OnBuy secures £5m from investors to help it expand globally to 140 new territories
// To help with the expansion, the online marketplace has also tripled its workforceBritish online marketplace OnBuy is set to launch globally this summer after securing a £5 million cash injection from investors.
The retailer said it recorded a whopping 1100 per cent sales increase in the past year, prompting chief executive Cas Paton to project a turnover of more than £2 billion by 2024.
Wit
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