OnBuy, one of the fastest-growing marketplaces in the world, has been crowned the 2020 winner of Retail Without Borders' Marketplace Awards.

Retail Without Borders, Europe's largest online marketplace conference, is a two-day event where retailers can learn how to accelerate their sales and expand globally through talks, panels and keynotes from global eCommerce experts.

Held at The Gherkin in London, the RWB Marketplace Awards were created to recognise and celebrate excellence in the marketplace sector, with awards being presented to the marketplaces who had the most seller-friendly policies. Having made waves in the marketplace industry through rapid growth, OnBuy was named the winner of the Marketplace Merchant Logistics Award in recognition of its continued commitment to sellers and the amount of control sellers are given when selling on OnBuy.

Since its launch in November 2016, OnBuy has grown exponentially, having now partnered with more than 3,000 sellers to offer more than 21 million products to 8 million customers. Showcasing 5x year-on-year growth, the marketplace has plans for further rapid expansion in 2020 and beyond, starting with launching internationally into 41 countries later in the year.

Cas Paton, founder and CEO, commented: "OnBuy was created with transparency at the heart of everything that we do. Part of that transparency with sellers includes giving them the control and features that they need to run a streamlined, seamless selling operation through OnBuy. Sellers are not only given complete control over their delivery options and transit times, but we've also launched the OnBuy Fulfilment Network where we partner with leading fulfilment companies to connect our sellers with the best options. The result of this approach is that OnBuy gives customers the full offering from all sellers so they can enjoy the most choice and get the best deals.

I'm really proud of my hard-working team for all of our incredible achievements to date. This award showcases all we've accomplished so far, and with plans to launch internationally this year and lots of other exciting announcements to come, it's already clear that 2020 will be our best year yet. That means more sales for our sellers and more customers that we can save money on their online purchases."

Cas summarised:

"We thank Retail Without Borders for their recognition of our hard work."

Cas Paton Receiving The Marketplace Award