Brands4Friends seems not only to be diligently gathering up members, but is also very strongly gaining on revenue:
“The company turned over 25 million euro in the last year. A sum which in 2009 has already been reached by the beginning of May.”
“Constantin Bisanz does not want to share information on the bottom line. Just: ‘We are a “StartUp”, therefore we are investing heavily in good personnel, technology and in general in the growth.
We are therefore not yet profitable. But we are counting the days. Breakeven is in sight. We are planning to be profitable by the middle of the year. ’”
We are therefore not yet profitable. But we are counting the days. Breakeven is in sight. We are planning to be profitable by the middle of the year. ’”
For 2009, Brands4Friends had set a revenue target of 85 million euro.
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Originally posted in German by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.
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