
Koala Revenue Rises 20% to $332 Million as Japan Sales Jump
The Australian furniture brand saw its full-year pro forma EBITDA more than double to $27.9 million following its stock exchange debut and expansion into Britain.
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The Australian furniture brand saw its full-year pro forma EBITDA more than double to $27.9 million following its stock exchange debut and expansion into Britain.

After success with both its mattress and furniture ranges, Australian company Koala is now moving into homewares. Koala decided to add décor to its product staple to encourage consumers to consider more sustainable options. The homewares collection features…

Alibaba has confirmed it will buy NetEase’s Kaola for about US$2 billion, a deal widely predicted last month. Kaola is an import e-commerce platform which has been a rival of Alibaba for some time. Both companies have their roots in Hangzhou. Confirming the…

Online-only mattress company, Koala, is making headway in Asia, with the company recently launching in Japan. This brings Koala’s global footprint up to three international markets, following the company’s launch in Hong Kong in February and New Zealand last…
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