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Redbubble shares pop despite swing to loss

Jessica Sier
Jessica SierNorth Asia correspondent

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Online marketplace Redbubble swung to a loss during the last half of 2021, its underlying performance skewed by the significant drop-off in mask sales that had boosted the company’s revenue over the pandemic.

Looming legal costs are also weighing on the company’s prospects. On Tuesday, Redbubble’s lawyers appeared in the Federal Court to address further claims by the Australian arm of the bikie gang Hells Angels that their copyright is still being infringed on the website.

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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com

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    Original URL: https://www.afr.com/technology/redbubble-shares-pop-despite-swing-to-loss-20220216-p59x10