E88 0.00% 0.0¢ ensogo limited

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    E-commerce company Ensogo Limited (ASX:E88) has managed a huge turnaround over the past 12 months announcing a jump in revenue and an aggressive growth strategy. Revenue for the 12 months came in at $64.8 million. 
     
    The company recently gained a major investor with leading Chinese online retailer Vipshop Holdings (NYSE:VIPS) buying a 12 per cent stake in the company. 
     
    Ensogo has more than doubled its gross turnover after expanding into Thailand, Phillipines and Indonesia.

    A move from 5 technology platforms to s single IT platform has streamlined the company enormously and helped reduce operating expenditure. 
 
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Currently unlisted public company.

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