202012 Aug

Linx Grows 11% in Net Revenue in the Second Quarter of 2020 Compared to the Same Period In 2019

Summary

SÃO PAULO--(BUSINESS WIRE)--Linx closed the 2Q20 with gross revenue of BRL 246.3 million. Linxs net revenue was BRL 213.5 million, which represented an increase of 10.8% when compared to 2Q19. “Linx turned the crisis into an opportunity through its ability to generate value for the retailer with its end-to-end platform, providing in many cases technologies that guaranteed the continuity of operations, especially with the offering of Linx Digital solutions. Other existing solutions had a huge increase in demand, such as the Neemo application that was expanded to also serve convenience stores and the Payment Link that can be sent to the customer to make the payment for a purchase via messaging applications and is already integrated with the stores ERP,” explains Alberto Menache, Linx CEO. We continue to operate normally and reaffirm our commitment to the long term, ensuring the safety of our team, service to customers and suppliers, and consequently, to the business.

Source: Businesswire

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