The Industry-leading marketplace accelerator demonstrated strong unit economics with sustained profit growth while expanding global footprint in 2024.
Spreetail, the leading ecommerce marketplace accelerator for brands and manufacturers of oversized products, today announced record-breaking results for 2024 including 34% year-over-year growth in GMV, sustained profitability, and a material investment in its Brand Accelerator Engine. The company's performance significantly outpaced the overall ecommerce sector's 8.4% growth rate, demonstrating strong market share gains in the $300 billion oversized product category.
“Our 2024 results are confirmation that Spreetail is able to grow our Brands way faster than their market—we’re accelerating them. We're seeing unprecedented adoption of our platform as brands recognize the complexity of efficiently selling and delivering oversized products online. Our AI-driven solutions and global logistics network are transforming how these products are sold online, delivering superior economics for both Spreetail and our brand partners,” said Joshua Ketter, Global CEO at Spreetail, who stepped into the role in July of 2024.
Additional key highlights include:
- Recorded biggest Prime Day in company history, ~95% growth
- Expanded its Global Reach serving 10+ countries in Europe, establishing first-mover advantage for big & bulky in key markets
- Launched Platform Services division, achieving eight-figure revenue in first year
- Improved operational efficiency with 74% reduction in stockouts while increasing inventory turns 11% - a world class Benchmark in Inventory Management
- Maintained industry-leading 95%+ on-time delivery rate for oversized items
- Acquired AI-powered customer insights platform Echo to enhance AI capabilities and generate insights to boost sales
- Deployed SmartShelf AI suite, driving average 40% GMV growth for products
“I’m confident that 2025 is going to be another incredible year for Spreetail, as we continue to innovate and enhance offerings for our brand partners. We anticipate significant revenue and free cash flow growth, and are excited for what’s ahead,” added Ketter.
Spreetail projects continued strong growth in 2025 driven by international expansion, Platform Services acceleration, and increased AI-enabled automation. The company's robust pipeline includes planned launches in five additional European markets and significant enhancements to its proprietary SmartShelf technology suite.
About Spreetail
Spreetail is the leading ecommerce marketplace accelerator for oversized products, providing a complete solution that helps brands and manufacturers grow their online businesses more profitably. As the first global ecommerce company specializing in big-&-bulky logistics and marketplace management, Spreetail maintains a robust presence on major online platforms, including a Top 10 Seller status on Amazon, Walmart, and Target. With a commitment to innovation, technology enablement, and exceptional customer service, Spreetail’s seamless and efficient ecommerce solutions have driven success for businesses worldwide since its founding in 2006. For more information, visit: spreetail.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250213563628/en/
Contacts
Media Contact:
Morgan Martins, Spreetail
morgan.martins@spreetail.com
