Poland’s Allegro Q3 profit tops estimates on online shopping boom By Reuters
© Reuters. FILE PHOTO: The Allegro brand is seen on the smartphone on this illustration taken October 12, 2020. REUTERS/Dado Ruvic/Illustration
(Reuters) – Poland’s e-commerce platform Allegro mentioned on Tuesday it swung to a internet revenue within the third quarter, beating analysts’ forecasts, as shoppers continued to buy on-line regardless of the easing of pandemic-related restrictions.
The corporate, whose web site has been attracting about 21 million guests a month, reported a internet revenue of 324.4 million zlotys ($81.58 million), from a lack of 132 million zlotys a 12 months in the past, and above analysts’ forecast of 263 million zlotys.
($1 = 3.9765 zlotys)
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