Booktopia resumes trading after being acquired by electronics store digiDirect

Rosie Drew

August 20, 2024 1:45

Australian online book retailer Booktopia will resume trading after being acquired by online electronics store digiDirect following its collapse due to $60 million in debt.

Booktopia went into voluntary administration in July this year, with most of its debt owed to publishers and around $15 million to customers with orders and gift vouchers.

The Australian online business appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a sale, or the selling of parts.

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Rosie Drew

Rosie Drew is the senior reporter at Mumbrella. She joined in May 2024.

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