A UTTOXETER success story is continuing to go from strength to strength as it drove nearly &163;400 million of sales last year and plans to open a US office.
TopCashback, in Lions Buildings, saw the total reached through members shopping at its 3,700 retailers and saw users earn £36 million in cashback in 2012.
Last year more businesses signed up to the site and this was instrumental in propelling TopCashback into the Fast Track 100 list for a second year running where it was named the UK's 35th fastest growing private company. The success in 2012 has seen the website's page impressions climb to up to 17.5 million per month and its customer base grow to nearly two million members.
The cashback giant has also seen a successful first year in America where it has driven more than £10 million in sales to its 2,300 retailers and saved consumers nearly $1million in cashback earnings. In a year the US arm grew to four times the size of the UK business on its first birthday in 2006. The business now plans to open a US office on the east coast, which will be operational by Easter.
Now the Uttoxeter firm has announced its launch in India, which boasts the second largest number of internet users among the BRIC nations at 107.3 million.
Natasha-Rachel Smith, head of communications, said: "2012 has been a truly phenomenal year for TopCashback. From being officially recognised as one of the UK's fastest growing companies for a second year running, to entering the global arena with a new website in Asia, we've had remarkable success and created a strong platform for significant growth in 2013.
"We believe the same is true for our global markets in India and the USA. I estimate there are around 50 million cashback users in the US, a significant portion of whom are still unaware there is a 100 per cent commission site they can shop through. In India although less than 10 per cent of the population is online, that accounts for more than one hundred million people. We enter 2013 with enthusiasm, passion and great expectations for the future."
