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Moonpig, an online greeting card company, reports a £33.3m loss amid revenue drop in its experience gifts division.
Moonpig, an online greeting card retailer, reported a £33.3m loss in the first half of 2024, marking a shift from the previous year's profit.
Revenue rose by 3.8% to £158m, but the company's experience gifts division saw a 20% drop in revenue due to economic challenges, leading customers to opt for cheaper gifts like meal subscriptions.
Moonpig introduced new features like an AI-driven personalization tool to boost its offerings.
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Moonpig, una compañía de tarjetas de felicitación en línea, reporta una pérdida de £33.3m en medio de la caída de ingresos en su división de regalos de experiencia.