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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 ]
Electricals retailer AO World is reviewing options for its German business in the face of rising costs and said its online activity had retreated to pre-pandemic levels after a lockdown boom ...
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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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Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.