Category Electronics & Appliances

AO Picks up Another £50 Million at the Stock Exchange

Electronics online retailer AO is fighting a weak Pound on the British market. This week, the company secured another £50 million by issuing new shares. Reuters: Online retailer AO World raised 50 million pounds ($62 million) on Thursday to underpin its balance sheet as it navigates an uncertain outlook in Britain, its biggest market, and […]

AO Is Expanding Smoothly in Europe, but Road Ahead Looks Rocky

AO, which held its Capital Markets Day a few days ago, grew by 12.3% in Q3 of 2016 (PDF): Our UK business continued to grow: ao.com revenue increased by 10.3% year on year and our overall UK revenue by 8.9%, against tough comparators from the same period last year. In Europe revenue for the period […]