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AO World is an electrical retailer based in Bolton, England. It operates in the United Kingdom (ao.com), and previously operated in Germany (ao.de) and the Netherlands (ao.nl), specialising in household appliances and electricals. [4] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
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An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [ 1 ] [ 2 ] [ 3 ] Similar to in-person auctions, online auctions come in a variety of types , with different bidding and selling rules.
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In 2000, he founded Appliances Online, after a friend bet him £1 to set up a business. [4] In 2014, Roberts led AO World’s listing on the London Stock Exchange, valued at the time at £1.6 billion. [5] In May 2019, the Sunday Times Rich List put Roberts' wealth at £210 million. [6]
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