Feeds

Jungle sales jump 40% in last 6 months

King of the swingers

  • alert
  • submit to reddit

Mobile application security vulnerability report

Jungle.com's online sales grew 40 per cent to £16 million in the six months to 31 March.

The computer etailer's trading figures were published as part of the half year trading update from parent Great Universal Stores (GUS).

Ecommerce sales were over £50 million for the entire GUS group. Argos, GUS' leading retail business saw online sales grow by 300 per cent, but the company didn't say how much money this actually meant.

Overall, second half sales at Argos and Jungle.com, increased by 15 per cent over the same period last year. Excluding its Additions business and Jungle, Argos' sales grew by nine per cent.

More than 90 per cent of Jungle's business is IT equipment but it also sells videos and music. GUS bought the company in September 2000 for £37 million. It had recorded sales of £75 million for the year to 31 July 2000, and in February 2000 it had been valued at £700 million.

GUS has just put its ISP breathe up for sale less than four months after buying the outfit for £1.4 million. ®

Related Stories

Rumble in the Jungle.com
GUS buys Jungle for £37 million
GUS to sell breathe

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.