Booktopia has collapsed after experiencing a major slump in share value, with administrators now urgently trying to find a buyer to acquire or put money back into the troubled online retailer. The retailer announced on Wednesday that it had entered voluntary administration, less than four years after the company went public on the ASX. McGrath…
Booktopia has collapsed after experiencing a major slump in share value, with administrators now urgently trying to find a buyer to acquire or put money back into the troubled online retailer. The retailer announced on Wednesday that it had entered voluntary administration, less than four years after the company went public on the ASX. McGrath…
Booktopia has collapsed after experiencing a major slump in share value, with administrators now urgently trying to find a buyer to acquire or put money back into the troubled online retailer. The retailer announced on Wednesday that it had entered voluntary administration, less than four years after the company went public on the ASX. McGrath…
Published on July 3, 2024 20-year-old online book retailer, Booktopia, which went public on the ASX in 2020, is on the brink of collapse. Booktopia has entered voluntary administration. Image source: Booktopia Booktopia has entered voluntary administration after the cash-strapped online book retailer failed to secure funding to improve its liquidity. In a statement to…