The Berlin e-commerce company Momox SE continued its record course in the 2024 financial year. The operator of the second-hand platforms, not least, owed this to Momox and Medimops in the business with used clothing.
On Wednesday, the company announced that it could achieve 8.6 percent to EUR 377 million last year. The proceeds were more high than ever in the company’s history.
84 percent of the total turnover therefore accounted for the book and media category. However, the fashion area, the proceeds of which grew ten percent compared to the previous year.
Momox appoints former ASOS managers Mark Batty as Chief Growth Officer
CEO Heiner Kroke was satisfied with the recent development. “We are very happy that we have been able to prove again that second hand is crisis -proof and even grows! The constantly increasing demand for used products shows that sustainable consumption is not a niche phenomenon, but plays a central role in the shopping behavior of many people,” he said in a statement. “At Momox we are happy to drive this change as pioneers and are excited to further expand our international expansion as well as product and AI innovations in 2025.”
In order to target growth, the company strengthened its management team. Mark Batty had already been appointed Chief Growth Officer last year, Momox said. The former ASOS manager brings “over 20 years of experience in e-commerce and digital marketing” and should now continue to promote “projects such as the international expansion and the optimization of the customer journey” at its new employer. With “a clear focus on innovation”, Batty will “play a crucial role in the future development of Momox”, emphasized the company.