Oct 20, 2022 / 12:00PM GMT
Operator
Welcome to the CDON CEO, Peter Kjellberg, and CFO, Thomas Pehrsson. Please begin your meeting.
Peter Kjellberg - CDON AB - CEO
Thank you, operator, and good afternoon, everyone. Slide 2, please. Today's presentation will be conducting by myself Peter Kjellberg CEO CDON, Thomas Pehrsson CFO. Slide 3, please. Some reflections of the 3 quarters. In this market climate to strength of the marketplace business model becomes very apparent with an assortment of over 12 million products we can adjust our offering to our customers enabling us to stay relevant, independent of the market climate, and we are performing better than the market share to date.
We continue to focus on building our core categories with higher commission levels. As a result, our commission has grown and the marketplace net says continue to grow. Considering the uncertainty in the market, we have reduced our cost level, where most of the effect is expected to materialize in Q1 next year. We have continued our work on optimizing the effect of our performance marketing and underlying and our
Q3 2022 Cdon AB Earnings Call Transcript
Oct 20, 2022
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