London Stock Exchange today welcomes Moonpig Group PLC
Moonpig Group is an international gifting platform, comprising the Moonpig and Greetz brands, which serves 12 million active customers across the UK, US, Australia and the Netherlands. The group offers its products through its proprietary technology platform and app. With its unique AI and data science capabilities, Moonpig Group optimises and personalises the customer experience, making it as easy as possible for people to remember, choose, create and send the perfect card and gift.
In the twelve months to 31 October 2020, the Group sent 46 million cards and 7 million gifts, generating £263 million in revenue.
Nickyl Raithatha, CEO of Moonpig Group said:
“We at Moonpig Group are proud to be joining the main market of London Stock Exchange and I would like to thank everyone at the Group for their hard work. Listing on London Stock Exchange is an incredibly special milestone and will provide new opportunities for the business. We are confident that Moonpig Group will continue to make gifting even more effortless for millions of people across the UK and internationally and as the leaders of the accelerating shift to online now is the perfect time for us to bring the company to the public market, and we’re really excited to see what the future holds for us.”