Moonpig to buy Buyagift platform for £124 million

Retail Insights Network reports U.K.-based greeting card and gifting platform Moonpig to buy gift experiences platform Smartbox Group UK (Buyagift) for £124 million. The company expects to record an underlying revenue growth percentage in the mid-teens for the combined entity. Buyagift serves 3.3 million customers under its two brands, Buyagift and Red Letter, and recorded double-digit revenue growth at a... Read More