MyDeal has evolved to its current position having reached several key milestones that position the Company strongly to execute on the growth strategy:
- Proven online marketplace focused on household goods generating $103 million in Gross
- Transaction Value (“GTV”) in FY20 (up 164% on FY19);
- Over 1,000,000 products sold in FY20;
- Wide range of products with over 5 million SKUs as at 30 June 2020;
- Over 800 Active Sellers as at 30 June 2020;
- Over 3.9 million average monthly visits from January 2020 to June 2020;
- Over 555,000 Active Customers and average customer purchase rate of 1.66x and an average basket size of $154 (including GST); and
- Established MyDeal’s private label business, to generate new product revenue in additionto the online marketplace