Dutch e-commerce scaleup Coolblue, on Wednesday, announced its financial results for 2020. Founded by Pieter Zwart, Paul de Jong, and Bart Kuijpers in 1999, Coolblue has 14 physical stores in the Netherlands and Germany. The online retailer sells consumer products in 10 categories, from Image & Sound, Telephony, Computer & Tablets, to Household & Living. Coolblue has its own delivery and installation service as well. In 2019, Coolblue achieved a turnover of €1.5B. But, in 2020, the company performed even better, despite the pandemic.
Here are 7 key takeaways from Coolblue’s 2020 financial results: