People are Googling Kogan.com (ASX: KGN), with this stock ranking in the 2nd place for finance-related searches on Google in Australia today.

Kogan.com is an ASX-listed e-commerce company focused on providing a wide range of high-quality products at affordable prices. The company's operations primarily involve retailing consumer goods, such as electronics, appliances, and homewares, through its online platform. It also offers insurance, mobile, and internet services. Kogan.com aims to expand its customer base, product offerings, and services, while continuously improving user experience and leveraging technology for operational efficiency. The company's objectives include enhancing profitability, sustaining growth, and maintaining a strong market position.

The trending news today about this stock relates to Kogan.com’s third party seller platform Kogan Marketplace took a hit due to “soft market trading conditions”, following three straight years of growth.

Kogan Marketplace reported gross sales of $260 million in the 2023 financial year, down 28.5 percent from $363.8 million year over year.

The online retailer said the decline was in line with the broader online retail market, with Marketplace seeing highs from the COVID-19 pandemic period in previous financial years.