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The Spanish company BigBuy closes the third quarter of 2022 with a growth of 50% compared to Q3 of 2021, and faces the end of the year with very good forecasts. In addition, it increases its staff by almost 50 people and is close to 350 workers. The company remains strong in a turbulent time, in which the big tech companies are announcing massive cuts and layoffs
In the words of Salvador Esteve, CEO and Co-Founder of BigBuy: “BigBuy is a global ecommerce partner, with an all-in-one solution that adds value for the growth of all players in the online commerce ecosystem. Our hyper-diversification strategy of services, catalogue, sales channels, markets and customers, added to the continuous investment in new projects, allows us to continue growing at double digits, even in these difficult times of crisis and inflation”. BigBuy has made diversification one of the foundation of your business. Today, 95% of its turnover comes from outside Spain. In addition, they work with clients of all kinds —such as brands, wholesalers or dropshippers— and offer very different services, which include logistics, technology and product sales, among others. All this, together with the expertise of more than a decade in the e-commerce sector, places them in a unique and innovative position.”The last quarter has started with record figures: only in October, our sales grew more than 50% compared to the last year,” says Esteve. “We have very good forecasts, and we estimate to close 2022 with a turnover of over 100 million euros and with a new increase in our workforce of more than 20% compared to 2021. The great results of November, above 40% Compared to last year, as well as those of the Black Friday campaign, they confirm that we are on the right track”. One of the key aspects of BigBuy’s growth is its commitment to innovation and technological development. This company invests 7% of its annual turnover in R&D projects. “Technology allows us to be scalable, and this is basic. But it is also a differential value for our customers. We are constantly developing tools with which we help them sell on multiple online channels, and in different markets, which allows them to diversify and multiply their online sales,” says Esteve. “Online commerce in particular is returning to pre-pandemic growth levels. But it is stabilizing It does not mean, far from it, that it is stopping growing. Even if it contracts with the crisis and inflation, the number of online buyers will continue to increase, and online commerce will continue to take a piece of the pie from offline commerce. By having a solution for everything -in-one, which adds value to the entire ecommerce ecosystem, BigBuy’s business potential is enormous”.
Contact Contact name: Jose L. Poyatos Contact description: Director of External Relations Contact telephone number: 600444147
