Polish e-commerce platform Allegro scales up expansion after profit beat


FILE PHOTO: The Allegro website is displayed in this illustration taken October 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Polish e-commerce platform Allegro is moving forward with expansion plans and building its own parcel lockers network, its chief financial officer said after the company's second-quarter results beat forecasts.

Founded more than 20 years ago as a home-grown rival to eBay, Allegro saw a sales boost last year as the pandemic accelerated the shift to online shopping and consumers relied on e-commerce for their everyday needs.

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