Momox
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momox SE is a Berlin-based recommerce site for used books and media founded by Christian Wegner in 2004.
Wegner has said that "momox" stands for "Moderner Medien Online Express-Ankauf" ("Modern Media Online Express Purchase").
Wegner started selling used items in 2004 with 1500 euros start-up capital and 20 square metres (220 sq ft) of storage space, selling on eBay and Amazon. In May 2006, he founded Momox GmbH and the momox.de web site for buying books, CDs, and DVDs. The selling site Medimops opened in 2007.
In 2010, other investors joined the company. The company expanded to France, Austria, and Great Britain in 2011. In 2019, Momox had €250 million in sales.
As of 2019, the majority owner is Verdane Capital of Norway, and Wegner has sold all his shares.
Due to Brexit, the company had to discontinue its service on momox.co.uk in December 2021.
In 2022, there was an expansion of the offering to Spain and Italy. On 14 December 2022, there was a transformation from a stock corporation to a European company.
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I DO - 2023-09-29 00:00:00
Uchumi - 2023-06-26 00:00:00
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