Moonpig Group Plc (LON:MOON)

Consumer

Moonpig Group plc is a UK-based company that offers greetings cards, gifts and flowers through its online platform. Earlier known as Project Titan Plc, the international group comprises of two brands, which include Moonpig in the UK, US and Australia, and Greetz in the Netherlands. The company was founded in the year 2000 as the first online greetings card business, and has its headquarters are in London. At present, it is the leading online greeting card and gifting player in the UK and Netherlands. Recently in 2021, the company got listed on the London Stock Exchange, and became a part of the FTSE 250 index.

The cutting-edge data science and tech platform offered by the company has become the top shopping app in the UK, which receives up approximately 450,000 orders per day. Around 75% of the company’s business is in the UK, 23% in the Netherlands, and 2% in the rest of the world. The company represents 60% market share in the UK and 65% in the Netherlands. The logistics and operations network of the company provides it with flexibility, resilience, and scalability, while ensuring maximum convenience for its customers. With high brand awareness and an extensive and loyal customer base, it aims for its brands, Moonpig and Greetz to become the ultimate e-commerce gifting companions in their respective markets. The company is also trying to expand its operations in the US and Australia and capitalise on the structural shift from offline to online channels, with continued growth of its customer base.

Moonpig Group plc follows a well-defined framework of corporate governance and aligns itself with the UK Corporate Governance Code 2018. The board of the company has set up separate committees for audit, remuneration, and nomination. It has an ethical code of conduct for running its business operations and promotes a culture of trust, transparency, and accountability. Apart from fulfilling all its corporate responsibilities, the company also fulfils its environmental and social responsibilities. It has a comprehensive Environmental, Social, and Governance (ESG) framework in place and aligns its operations with six of the United Nations’ seventeen Sustainable Development Goals to create a sustainable business. It aims to minimize the impact of its business activities on the environment and create long-term value for the business as well as the wider community. Its goals include becoming carbon neutral by 2030, using 100% sustainably sourced paper and card by the start of 2022, and becoming “Forest positive” by 2025. It is also engaged in providing charitable donations to Comic Relief, the employment trust in Guernsey and Alzheimer Nederland etc.

Contact Information

company address Moonpig Group PLC 10 Back Hill LONDON EC1R 5EN United Kingdom GBR

company websitehttps://www.moonpig.group/

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