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artnet AG: Record Revenues and Strong Growth in Coronavirus Year 2020 Total Revenue Steady at 21.6 Million USD Despite Art Market Downturn Gross Profit Margin at 61.9 % Number of Visitors up by Around 40% Artnet Premieres ESG Report (Environmental, Social, Corporate Governance) BERLIN, GERMANY and NEW YORK, NY / ACCESSWIRE / April 1, 2021 / Berlin-based Artnet AG, the leading provider of art market data and online-only fine art auctions, achieved record auction sales in the financial year 2020, defying the pandemic-related weakness in the art market. Artnet Auctions fee-based revenue increased 26% year-over-year to 4.9 million USD. Artnet, therefore, became the fourth biggest auction house in terms of online sales behind Sotheby s, Christie s and Phillips. Despite all of the uncertainties, we did not cancel or postpone a single auction last year, said Jacob Pabst, CEO of Artnet AG. Rather, we launched 70 auctions, sending a clear signal that our transaction ....
Record Revenues and Strong Growth in Coronavirus Year 2020 tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.
Investegate |artnet AG Announcements | artnet AG: Record Revenues And Strong Growth investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.