Apr 21, 2021 / 12:00PM GMT
Marcus Lindqvist - CDON AB - President
Hello, everyone, and a very warm welcome to our earnings call. My name is Marcus Lindqvist, and I'm the interim CEO of CDON until the 1st of May, as we yesterday announced is when our CEO, Kristoffer Väliharju, will return back to his duties.
As we have many new investors with us on this call, we will start by giving you an overview of our Marketplace business and how we look at the dynamics in the market. So with that, let's jump into the presentation.
Could we move to Slide 3, please. Over the last 20 years, CDON has been a pioneer within Nordic e-commerce. And over the last couple of years, we have made a transformation from a vertical e-commerce retailer to become a leading local marketplace in the Nordics. And in just 2 years, we have gone from having a 20% of our business being third-party sales to now having almost 80% of our sales coming from merchants. We have 2.3 million active consumers as customers, and more than 1,700 merchants are now live in our platform.
Next slide, please. Analyst reports tells us that marketplaces have a
Q1 2021 Cdon AB Earnings Call Transcript
Apr 21, 2021
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers