MusicMagpie – Secondhand Tech Reseller Headed for IPO on AIM Exchange

  • Articles

MusicMagpie, the online reseller that specializes in secondhand tech such as smartphones and games consoles, headed for a stock market flotation. MusicMagpie has been on a roll lately. The company capitalized on new business by going public with its IPO through London's AIM exchange; they are valued at £208 million and managed to raise more than £80million.

The company says that they make 54% of revenues from the resale of consumer technology, 38% from disc media such as CDs, and 7% from books. However, their business on Amazon is predominantly based on used media sales per TrackSellers.com

musicMagpie's Seller Profile on Amazon UK

musicMagpie's Seller Profile on Amazon US (Decluttr Store)

April 30
  • Articles

Enhance Your Amazon Seller Information with TrackSellers.com

As a service provider in the Amazon seller ecosystem, you understand the importance of providing comprehensive and relevant information about Amazon sellers to your customers. While many platforms offer basic

April 24
  • Articles

Empowering Seller Data Management with GraphQL: Our Success Story

As developers, we're always looking for better ways to fetch and work with data. In recent years, GraphQL has emerged as a promising alternative to traditional REST APIs. At TrackSellers,

April 14
  • Articles

Amazon’s 2022 Shareholder Letter

Amazon's recent shareholder letter offers valuable insights into its present and future endeavors, as well as significant takeaways for sellers and brands. Here are some highlights that may be of