King’s Award for Enterprise – Fruugo Marketplace

Category: News
King’s Award for Enterprise - Fruugo Marketplace

The Fruugo marketplace platform, has been honoured with the first ever set of King’s Award for Enterprise for International Trade.

Fruugo is among 148 organisations nationally to be recognised with a King’s Award for Enterprise, of which 78 have been awarded in the International Trade category.

Previously known as The Queen’s Awards for Enterprise, The King’s Awards for Enterprise celebrate the success of outstanding UK businesses. The Award programme, now in its 57th year, is the most prestigious business award in the country, with successful businesses able to use the esteemed King’s Awards Emblem for the next five years.

Employing 170 people, Fruugo is a highly diversified e-commerce marketplace which was founded in 2006 and currently operates in 42 countries. Based in Ulverston in Cumbria, Fruugo’s main mission is helping retailers expand their business, both locally and on an international scale. By joining Fruugo, retailers can market their products to a global audience that is continuously growing, with its platform seeing 460 million visits in 2022.

We are extremely proud to be presented with The King’s Award for Enterprise for International Trade. Fruugo has gone from strength to strength over the last few years and to see our achievements recognised with such a prestigious award is a real honour. I would like to thank all of my colleagues for their commitment to the company and to our vision; this achievement is a credit to the team’s hard work and determination.

– Dominic Allonby, Executive Chairman, Fruugo

Driven by the accelerating global customer shift towards online shopping, Fruugo has maintained a strong track record of sustained and exceptional growth, tripling in size between 2019 and 2021 and increasing its revenue tenfold between 2018 and 2022.

The company’s feat of being both fast-growing and profitable is remarkable. The prestigious King’s Award for Enterprise recognises Fruugo’s sustained success when it comes to cross-border trade despite unprecedented challenges for businesses in recent years.

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