Verkkokauppa.com
Probably always cheaper | |
Public limited company | |
Traded as | NASDAQ: VERK |
Industry | Retail |
Founded | 1992 |
Headquarters | Helsinki, Finland |
Key people |
Samuli Seppälä, Founder Christoffer Häggblom, Chairman Jussi Tallgren, CFO Henrik Weckström, CTO |
Products | Consumer electronics |
Revenue |
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Number of employees | 470 (2014) |
Subsidiaries | Verkkokauppa.ee |
Website |
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Verkkokauppa.com Oyj is Finland’s largest, most known and most visited online retailer that offers over 48 000 different items from 22 main categories. The company sells its products through its three megastores and over 2500 pickup locations in Finland, and also home delivered and installed. The company was established in 1992 and it has over 400 employees in three locations. Verkkokauppa.com is trading under ticker VERK at OMX NASDAQ First North.
Verkkokauppa.com's main store and warehouse is located in Jätkäsaari, Helsinki and is the largest electronics store in Europe with total 35 000 m². Part of the store is always open. The store also features Finland's largest and free sightseeing terrace with a MiG-21BIS fighter plane.
The company has over 48 000 articles in its selection from over 1000 manufacturers and 22 main product groups. It sells computers, mobile phones, digital cameras, navigators, white and brown goods, tools, toys, accessories, components, and computers. The company also has over 250 private label brands and over 1000 private label products.
The company's revenue was €276 million in 2014, €238 million in 2013, €225 million in 2012, €187 million in 2011, €173 million in 2010, €153 million in 2009, and €139 million in 2008. Verkkokauppa.com was founded in 1992 and it has 411 employees in four locations. The company also has an inactive subsidiary called Verkkokauppa.ee located in Tallinn, Estonia. The company's name "verkkokauppa" means webstore in English. The company's current slogan is "Probably always cheaper".
Verkkokauppa.com was declared as Finland's most usable web shop by Adage in 2006 and chosen as the best webstore in Finland 2010 by TNS Gallup. Verkkokauppa.com was Finland's 3rd most known online-brand after Google and Facebook in 2013 by Taloustutkimus.
Shop-in-shop
Verkkokauppa.com has shop-in-shops or concept stores for Sony, Microsoft, EA, TomTom, Nokia, Belkin, Western Digital, Acer, Intel, Apple, Canon, Gardena, HP, LG, Logitech, Sennheiser and Samsung.
References
- Adage Usability study 2006
- Taloustutkimus Online-brands study 2013
- Verkkokauppa.com's Prospectus 2014