Momox
Momox GmbH is a Berlin-based recommerce site for used books and media founded by Christian Wegner in 2006.
Wegner has said that "momox" stands for "Moderner Medien Online Express-Ankauf".[1]
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.[2] 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.[3]
In 2010, other investors joined the company.[4] The company expanded to France, Austria, and Great Britain in 2011.[5] In 2019, Momox had €250 million in sales.[6]
As of 2019, the majority owner is Verdane Capital of Norway, and Wegner has sold all his shares.[7]
Notes[]
- ^ Schneider, Christoph David (n.d.). "Interview mit Christian Wegner, Gründer von Momox". Start Stories (in German).
- ^ "Vom Arbeitslosen zum Secondhand-König". Galileo (in German). ProSieben. 21 June 2019. Retrieved 26 August 2021.
- ^ Gartz, Katya (5 May 2011). "Der Buchverkäufer mit dem goldenen Händchen". Der Tagesspiegel.
- ^ "'Wachstumskapital in Millionenhöhe': Acton steigt bei momox.de ein". Deutsche Startups (in German). 2 December 2010.
- ^ "momox expandiert nach Österreich". APA-OTS (in German). 10 January 2012.
- ^ "Re-Commerce: Momox macht 250 Millionen". Borsenblatt (in German). 3 March 2020.
- ^ "Norweger stocken bei Momox auf – Gründer verkauft seine Anteile". Handelsblatt (in German). 11 January 2019.
External links[]
- momox.de, buyer of used books
- medimops.de, seller of used books
- Companies based in Berlin
- Book selling websites
- German companies established in 2006
- Bookstores established in the 21st century
- Retail companies established in 2006
- 2006 establishments in Germany