MySale closes unprofitable sites


MySale closes unprofitable sites

MySale is withdrawing its offerings in the USA and South Korea in order to focus more more fully on its key territories. It launched in the USA in 2014 but member acquisition costs proved prohibitive.  Its stronger performing markets are Australia and New Zealand, where it originally launched, plus South East Asia, and the UK. The business has warned that its interim results may be disappointing as whilst it has achieved an increase in sales it is likely to show a loss.

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