BigBuy reached turnover of €105 million in 2022
Spanish wholesale platform BigBuy has generated a turnover of 105 million euros in 2022. The company managed around 2 million orders in that same year. Additionally, it has increased its workforce by 20 percent.
BigBuy’s turnover has grown quickly in the last couple of years. In 2020, it generated 65 million euros in sales. Two years later, it has passed the 100 million euros in turnover mark. According to the company, its focus on profitability using its own resources has helped in getting it to this place.
Catalogue expanded to 300,000 products.
While the dropshipping supplier is based in Spain, at least 90 percent of its sales generated outside the country. Additionally, it expanded its product catalogue to 300,000 products from over 5,000 brands. The company also increased its workforce by 20 percent, to a total of 350 workers.
The company is well-known for its Multi-Channel Integration Platform, allowing sellers to automatically synchronize with BigBuy’s products over multiple digital sales channels. However, the wholesaler also has its own direct to consumer service calles BigD2C.
BigBuy expects to reach higher profitability in the very short term.
The D2C service helps customers with their marketplace transactions. Last year, this service was consolidated. With ongoing investments, BigBuy expects to reach new levels of efficiency and higher profitability in the short term.