Leading Amazon Seller goes public

  • 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)

November 24
  • Articles

Amazon’s new fees for 2023, what will they mean for you?

Amazon announced new fees effective January 17, 2023. Here's what they mean for 3P Sellers: Inflation Surcharge Permanent: The new fees incorporate the 5% inflation surcharge announced in April 2022.

April 08
  • Articles

Another USPS rate increase is coming in July 2022. Prepare yourself now!

The U.S. Postal Service is proposing to increase postage rates this summer, less than one year after it last increased the price for a first-class Forever stamp. The new price