Music Magpie first business to pass 5 million in eBay feedback globally
Launched in 2007, the company now employs one thousand people to help run its 24/7 “modern stock exchange” operation. It has an annual turnover of £100 million and exports to buyers in 140 countries around the world.
Having previously worked together in the music industry, co-founders Steve Oliver and Walter Gleeson noticed the potential to buy and sell modern collectibles, with items like vintage trainers and Lego attracting high prices online, alongside demand for hard to find novels and music. They decided that the model of a “modern stock exchange” could be applied to CDs, DVDs , books and phones.
Following rapid growth, the company launched its eBay store in 2011.
Gleeson said: “We’re delighted and honoured to be the first eBay store to hit the 5,000,000 mark for positive feedback. This is a great stamp of approval for the business, with new buyers immediately able to see that they can trust us to deliver an exceptionally high quality used product with exceptional customer service.”
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