Cettire founder’s stake rallies to $550 million valuation


Source: afr.com afr.com

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“We are pleased by the early trading in FY24, with all our key markets performing strongly. Cettire is well positioned for another strong year of growth and profitability. We are well advanced in our preparations for China market entry, which remains a very attractive market opportunity and offers significant incremental growth potential,” Mr Mintz said. Over the past year, it set up local platforms in emerging markets with six multi-language features, including Chinese, Japanese and Spanish language sites. Emerging markets sales surged over the year increasing by 140 per cent, and now accounted for 27 per cent of gross revenue....