REDBUBBLE EXPANDS INTO EUROPE

Written on the 16 August 2016 by Melbourne Business News

REDBUBBLE EXPANDS INTO EUROPE

CREATIVE online marketplace Redbubble (ASX: RBL) will open its first European office in Berlin.

The ASX-listed Melbourne company is expanding to Europe, and also launching localised platforms in German, French and Spanish.

Europe is currently the fastest growing region for the marketplace which is powered by more than 400,000 independent artists.

Redbubble has hired Sandra Yonter to lead new market development in Europe and keep up the pace.

The company's office in Berlin will provide support to independent artists and customers, drive regional marketing, and manage the coordination of local fulfilment partners.

"Building Redbubble's European presence is a strategic priority, and we are making excellent progress. Sandra Yonter understands European markets well, and she is building a great European team in Berlin to drive further growth," says Redbubble chief operating officer Barry Newstead.

"The localised sites and investment in Europe-based fulfilment to speed up shipping are key steps in our efforts to provide a localised marketplace."

Redbubble listed on the ASX on Monday 16 May 2016, after raising $30 million through an IPO and an additional $9.8 million from the sales of previously-owned shares.

Redbubble debuted on the ASX at $1.50. The company's shares are today being traded at around $1.10.

Pictured: Redbubble CEO and co-founder Martin Hosking. 

Read more about Redbubble:

 


Author: Melbourne Business News Connect via: Twitter

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