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Birmingham Post
Birmingham Post
Technology
Jon Robinson

Online market place Fruugo more than doubles revenue after stepping back from IPO plans

Online market place Fruugo more than doubled its revenue in 2022, according to new figures.

The Cumbria-headquartered group has posted a revenue of £65m for the 12 months, a 110% increase compared to 2021's total.

It also revealed its total transaction value surged by 87% to £255m.

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