Business
CDON: GMV fell 14% and EBITDA turned negative, but sequential gains and cost-saving plans are underway
CDON: GMV fell 14% and EBITDA turned negative, but sequential gains and cost-saving plans are underway
About this update from Cdon Ab
Q2 2024 saw a 14% GMV decline and negative EBITDA, but sequential improvements and operational initiatives signal progress toward long-term goals. Platform migration and supply acquisition remain key priorities.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.