rns28 Jan 2015 07:10
2014 bookings of $49.1m doubling 2013 bookings
RNS Number : 3106D
Blur Group PLC
28 January 2015
blur Group Plc
("blur")
blur Group (LSE: BLUR) announces 2014 bookings of $49.1m, more than doubling 2013 bookings
28th January 2015: blur, the international e-commerce company providing a better way for businesses to buy or sell services, announces project bookings* for the full year 2014 of $49.1m (2013 $22.2m); more than double previous full year bookings.
Bookings in the second half of 2014 increased by 94% year-on-year to $33.1m (H2 2013: $17.0m). Moreover, around 40% of these bookings were from enterprise customers** (approximately 20% in 2013).
blur is currently adding over 2,000 exchange users to the platform per month, and has fully vetted service providers from 145 countries. To date, over 50,000 businesses, including Amazon, Regus, Caterpillar, Argos, Danone and GE, have adopted blur to buy or sell services online, with over $350m of projects submitted to the platform.
blur's Chief Executive Officer Philip Letts commented: "These results clearly demonstrate the importance of enterprise customers to the long term success of blur. 2014 was a pivotal year for blur, as demonstrated by the doubling of project bookings, the level of repeat business and the increasing adoption of the platform by larger enterprise customers. The release of blur 4.0 delivered an enterprise class solution to our users, which, combined with blur's customer focus, is persuading more and more businesses to buy or sell business services online.
Sign In
Follow the stocks
