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Mirakl Announces 80% Year-Over-Year Growth and Over 100% GMV IncreaseMirakl, the leading global marketplace solutions provider, today announced 80% year-over-year revenue growth and over 100% GMV increase from 2017. In 2018, Mirakl added 60 new customers and launched a record 37 marketplaces. Mirakl and Mirakl's customers' success highlights the increased adoption of the marketplace model. Major highlights for Mirakl in 2018 included:
Additionally, Mirakl's customer performance was outstanding in 201, showcasing the financial impact of the marketplace model:
Today, 87% of business buyers across industries are making business purchases through marketplaces, and in 2018 Mirakl supported a record number of these businesses including Toyota Material Handling. "...we see the future potential for the online marketplace to serve as a vehicle to better support our dealers by helping them sell more of their inventory - even non-Toyota products," said Steve Tadd, Director of Marketing & IT for Toyota Material Handling. Behind Mirakl's customers' success is the Mirakl Labs and Client Success teams. Mirakl Labs, Mirakl's R&D Division, released significant enhancements to Mirakl's Marketplace Platform, including:
Mirakl's Client Success team launched Mirakl University, a program designed to train and certify clients' teams and partners on marketplace management, and proudly completed 40 certifications in 2018. In Gartner's Predicts 2019: New Deployment Models, Channels and Technologies Spark Digital Commerce Growth (Dec 2018), the report estimates that "By 2023, 15% of medium- to high-GMV digital commerce organizations will have deployed their own marketplaces, thereby creating a digital ecosystem on their path to digital business." In order to support this rapid adoption of marketplaces, Mirakl has grown their headcount over 200% in the past two years. "Mirakl's tremendous success last year, combined with our customers' success, is further proof that we are living through a platform revolution," said Philippe Corrot, Mirakl CEO. "What our customers are proving is that by launching a marketplace, leading companies can compete with platform giants such as Amazon and Alibaba. We are excited to continue our rapid growth and help more companies navigate the platform revolution this year." Annually Mirakl hosts the Marketplace & Platform Summit bringing together market-leading retailers, innovative technology partners and top industry analysts to celebrate the power and potential of the marketplace model. In 2018, the Marketplace & Platform Summit hosted over 400 marketplace leaders from across the world. Adrien Nussenbaum, Mirakl co-founder and U.S. CEO, spoke to the Platform Revolution in his keynote and attendees heard from speakers including: Walmart Mexico, Alibaba, Galeries Lafayette, 1-800-Flowers.com Inc., Conrad Electronic, and Roland Berger France. For more information about Mirakl and the Mirakl Marketplace Platform, please visit www.mirakl.com. About Mirakl Mirakl powers your platform business strategy by allowing you to quickly launch an online marketplace. Marketplaces allow companies to easily add products and services by connecting third-party sellers and service providers. The Mirakl Marketplace Platform automates the hard things about marketplace management: Seller onboarding, service quality control, and order distribution; on a turn-key solution that's easy to integrate into any e-commerce platform. Mirakl Catalog Manager makes it easy to manage product data quality at marketplace scale. Over 200 customers in 40 countries trust Mirakl's proven expertise and technology including Urban Outfitters, Hewlett Packard Enterprise, Best Buy (News - Alert) Canada, Carrefour, and Walmart Mexico. For more information: www.mirakl.com.
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