Excellent news from the Netherlands, the international locations favorite market has began to get better. Bol.com noticed GMV of €1.3 billion within the first quarter, a sequential development charge enchancment in comparison with This fall 2022. Bol.com GMV gross sales from its almost 52,000 third-party sellers elevated by 3.7% in Q1, and represented 65% of complete gross sales.
As with most ecommerce companies, whereas the Covid years noticed large development the previous yr has been a return to normality with gross sales dipping as bodily retail reopened all over the world. And that on high of a world financial slowdown and manner in Japanese Europe.
At bol.com GMV excluding VAT was €1.3 billion, up 1.2% versus the prior yr and a sequential development charge enchancment in comparison with This fall 2022. Now, having lapped the troublesome COVID-19-related comparisons, we anticipate development charges to materially enhance going ahead, because the enterprise is powered by bol.com’s three key enterprise fashions: e-commerce, promoting and logistic providers.
– Frans Muller, CEO, Ahold Delhaize
Bol.com GMV may be comparatively small when in comparison with market corresponding to Amazon and eBay, however they’re the number one market within the Netherlands with a market share with 140m month-to-month guests from Belgium and the Netherlands. With 90% model consciousness their market share within the area is equal to that of including the 2nd, third and 4th marketplaces collectively!
As you’d anticipate from a big market, classes vary from Toys, Passion & DIY, Style to Electronics & Media – you’ll be able to promote virtually something on Bol.com.
The mum or dad firm, Ahold Delhaize, reported gross sales of €21.6 billion with a web revenue of €561 million, down half a % in comparison with the earlier yr.