Toy market news

OnBuy posts 224% annual revenue growth

OnBuy has recorded a 224% rise in annual revenue, driven by an 80% increase in sellers on the online marketplace in the last year.

Retail Gazette also reports that the online marketplace saw a 71% rise in live product listings with more than 36m products now available to buy on the site. These include Lego, which OnBuy added to the platform earlier this month, offering an extensive range of Lego products in preparation for the Christmas rush.

This year, OnBuy has welcomed just under 2m new customers to the site and the average order has also increased to just under £50.