Fruugo.com, the fast growing global marketplace platform is delighted to announce that Mike Hancox, previously CEO of Ideal Shopping and former CEO of Shop Direct and former CEO of Otto UK (part of the world’s largest home shopping group), has been appointed as Chairman of Fruugo.com Limited.
Soaring revenues and four consecutive years of triple digit revenue growth have led the board of Fruugo to consider the next major steps in Fruugo’s global expansion. The company, recently acclaimed within the UK as the 4th fastest growing tech business in the North.
Hancox says, “I am joining Fruugo at what is an incredibly exciting time for the business. I look forward to leading the already impressive board of Fruugo.com, which is one of the UK’s most dynamic tech growth stories, as we expand our one-stop global marketplace to reach more and more shoppers and retailers all around the world. Cross-border online shopping is seeing extraordinary growth worldwide and Fruugo, with its unique and proprietary global platform, is in a fantastic position to build on its already impressive growth. We already compete with the likes of Amazon, Alibaba, Ebay and Rakuten as we bring more choice to international shoppers”.