Online marketplace OnBuy8 has announced plans for global expansion following success in the UK. The company – which sells millions of products across a range of categories – is aiming to launch into more than 140 countries by the end of 2023.
Last year, OnBuy enjoyed rapid growth due, in part, to the pandemic's boost to the e-commerce sector. "2020 skyrocketed our expansion and we are now growing at a phenomenal rate," said CEO Cas Paton9. "With over 600 sellers onboarded each month last year, we're on track to claim around five percent of the UK e-commerce market in the next three years. We're aiming for one percent of the global e-commerce market in the next five years alongside that."
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