News & Press: Power Retail News

Vinomofo Singapore Success – Now to the US

Tuesday, 12 December 2017  
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Completely different to Vinomofo’s first international market – New Zealand has proven to be a much slower, steadier growth – the first year’s positive performance in Singapore has taken Vinomofo by surprise.

With a revenue (run rate) of $3.5 million within the first year, more than 150,000 bottles of wine sold and almost 20,000 members signed up in the region, Singapore is proving to be a good decision for Vinomofo. “We sold out of wine within the first 24 hours of launching in Singapore!” says Justin Dry, chief executive and co-founder of Vinomofo, which was a good sign of things to come. Read more...