MusicMagpie cheers record Black Friday as more consumers rent phones
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy MusicMagpie has revealed it enjoyed a record Black Friday sales season, delivering a boost to its share price after BT pulled out of takeover talks. The platform, through which people can buy and sell used mobile phones and other technology, as well as books, games and CDs, said a record Black Friday period helped offset a slower start to the year in terms of sales. Steve Oliver, co-founder and chief executive of musicMagpie, said: “We are pleased with the performance of the group in the second half of the year, and are delighted that our focus on profits and cash has delivered significant EBITDA growth.
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BT backs out of musicMagpie takeover talks
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