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Onsdag 28 Oktober | 17:15:21 Europe / Stockholm

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Redeye

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Redeye Initiates Coverage of CDON

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Redeye Initiates Coverage of CDON

2021-03-18 08:20:00

Redeye initiates coverage of CDON, a high-margin and capital-light online marketplace with 2.3 million active customers and 1,500 connected merchants. While the recent rally has driven valuation to unsupported levels and the company now faces a formidable competitor in Amazon, we see long-term value in its exciting marketplace transformation and strengthening network effects.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/