CE E-tailer Divvy Cites Record Growth - Twice

CE E-tailer Divvy Cites Record Growth

Claims top audio-seller status on eBay
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Divvy, the online-only A/V and IT merchant, reported record revenue for the second half of 2014.

Omaha, Neb. – Divvy, the online-only A/V and IT merchant, reported record revenue for the second half of 2014.

The company, an authorized reseller for Acer, Asus, Gateway, LG and Lenovo, said revenue rose 97 percent for the third and fourth quarters combined. It also was named eBay’s top audio seller and No. 2 TV seller for all of 2014, the retailer reported, and top TV seller in December.

“2014 was a transformative year for Divvy,” said Ryan Downs, president/CEO of parent company Proxibid, an online marketplace. “Our success in selling on eBay and in other consumer channels, combined with our commitment to offering businesses high-quality electronics at low prices, has helped to fuel the company’s growth.”

An eBay seller since 2004, Divvy carries a limited selection of new and recertified TVs, soundbars, Bluetooth speakers, computers, tablets and accessories, including branded goods from Samsung, Toshiba and Vizio.

Divvy said it shipped more than 114,000 items last year across all sales channels, including 57,000 items on eBay, where it sells as Divvy Electronics. It maintains a 100,000-square-foot warehouse and also operates a direct site, ShopDivvy.com, which launched in May 2013.

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