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In 2023, Dutch online retailer Coolblue saw its revenue reach *** billion euros, up from *** million in 2013. In addition, the electronics retailer recovered from the previous year's net loss of *** million euros, by registering a profit of nearly ** million euros in 2023. In the period under consideration, 2022 marks the first year the Dutch e-tailer registers losses since 2013.

Coolblue: company profile

Coolblue is one of the largest online stores in the Netherlands and Belgium. Based in Rotterdam, where it was founded in 1999 by Pieter Zwart, Coolblue is a Dutch e-commerce company offering electronics and hardware products. With over employees, the Dutch e-tailer currently operates in the Netherlands, Belgium, and Germany. In addition to its web shop, Coolblue has ** brick-and-mortar stores in its operating region.

Electronics e-commerce in Europe

Among Europe's leading consumer electronics retailers, Coolblue stands tenth, behind industry heavyweights such as German-based Ceconomy and UK-based Dixons Retail. Within a highly competitive electronics market in Europe, Ceconomy remains on top, with almost *** billion euros in revenues generated in Germany in 2021/22. Ceconomy AG is headquartered in Dusseldorf, Germany, and owns well-known electronics stores Saturn and MediaMarkt.