Online retailer Bol.com’s IPO will not happen this year as planned. Parent company Ahold Delhaize decided to shelve its plans to sub-IPO Bol.com until “market conditions are more conducive,” the company said when announcing its quarterly figures on Wednesday. “Considering current equity market conditions, we have decided that the second half of 2022 is no longer the right time to …
In the last quarter of 2020, the online electronics store Bol.com saw a 69.9 percent sales increase. For the upcoming year, Ahold Delhaize expects sales for Bol.com to grow by a further 30 percent, totaling five billion euros by the end of 2021. When stores first closed during the third quarter of 2020, Bol.com saw a 45.6 percent sales increase …