The European DIY web site ManoMano has raised 300 million euros in progress funds. The administration hopes to develop the market place of its on-line retailer in Germany and the UK.
Corona 2020 is much from a misplaced yr ManomanoEven in the summertime, customers keep at residence collectively and spend most of their cash on renovating homes and gardens. Because the market chief in France, the corporate has benefited from it, however after all it has additionally seen progress in Belgium, Germany, Italy and Spain.
The turnover doubled that yr, from 600 million in 2019 to 1.2 billion in 2020. 60% of turnover comes from the French home market.
ManoMano operates in line with the market mannequin, offers companies to customers and the B2B market, and has a buyer base of seven million addresses. The corporate just isn’t energetic within the Netherlands.
photograph: Nenad Stojkovic (cc)