About
Wedo is the next generation of ecommerce, operating in the highly fragmented £11bn per year UK furniture market. - Have migrated from catalogue based supplier & distributor led model, to selling our own products direct to the consumer through a simplified supply chain. We believe that the technology that we have built over the last two years is the best in its class, offering scalability and a high degree of operating leverage that traditional retailers do not have. - Grew from approximately £50k revenue in 2011, to a run rate of £6.3m* per year for Oct 2013. - Have reached a milestone where we are profitable per order (excluding any overheads), on a first order basis . - Have supplier relationships with significant furniture manufacturers in Europe, which gives us the ability to source and supply own label products to the UK consumer. - Have been invited onto Tesco Direct, and are busy integrating with their platform so will soon benefit from the Tesco customer base.