Luxury e-tailer Reebonz's net loss narrows in H1, to step up focus on marketplace biz

Luxury e-tailer Reebonz's net loss narrows in H1, to step up focus on marketplace biz

Luxury brands Gucci and Prada displayed on a model. Photo: John Tuesday/Unsplash

US Nasdaq-listed luxury items e-tailer Reebonz Holding Limited (Reebonz) has reported a 29.8 per cent decline in total revenues at $31.1 million during the first half of 2019 ending June 30 compared to the corresponding period last year as lower marketing spend resulted in a decline in the number of buyers.

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