10 years ago

Entertainment Magpie Secures Investment from NVM Private Equity

  • Entertainment Magpie Limited, a UK-based recommerce site, received a development capital investment from NVM Private Equity

  • The investment will be used to launch a new “faster payment” consumer offer and accelerate the trade-in of electronics such as mobile phones, games consoles, and laptops

  • The investment comes as LDC exits the business following its 2011 investment in musicMagpie.co.uk, which supported the business' international expansion.

      • ProblemTechnology

      "Selling unwanted CDs, DVDs, games, and electronics can be a time-consuming and inconvenient process, and consumers often struggle to get fair value for their items."

      Solution

      "Entertainment Magpie provides a platform where consumers can quickly and easily sell their unwanted CDs, DVDs, games, and electronics for cash. The company uses a streamlined online process and offers competitive pricing to ensure a seamless and profitable experience for sellers."

      Covered on