Ding expands global footprint with new London office
17th October 2019 – Ding, the largest mobile top-up platform, is pleased to announce that it is expanding its global footprint with the opening of a new office in London to better support its partners. This brings the tally of offices for Ding up to nine global locations.
The move is the latest step in the next phase of growth for Ding, as the company expands to meet the growing demand for its service around the world. The London office will include employees covering marketing, technology and business development – and will be supported by all other functions at the Dublin headquarters.
Commenting on the expansion, Mark Roden, Chief Executive at Ding said:
“Our business has moved into the next phase of growth as demand for our product skyrockets and in order to better serve our customers and partners we are opening this new office in London.”
“Over the last 10 plus years we have learned to do what we do very well, now we are about expanding that to new regions and we are making a big growth push – a presence in London gives us access to a new talent pool and allows us to be closer to our UK partners – it’s a very exciting time for Ding.”
The company is experiencing double digit growth and is earmarking further expansion for 2020 and beyond. Ding has gross transaction volumes of $500m and net revenue which is growing at a double-digit rate. Ding has seen 300% app acquisition growth year-on-year in its direct to consumer business. While the B2B side of the business has also seen sustained growth.
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Notes to editors:
Ding was founded to change billions of lives by accelerating mobile access. As the number one international mobile top-up platform in the world, Ding has been keeping people connected since 2006, when it launched this first-of-a-kind service. Today, Ding’s users have successfully sent over 350 million top-ups globally, via the app, online at Ding.com, and in-store at over 600,000+ retail outlets worldwide.
The number of prepaid mobile phones is growing and now accounts for 76% of the world’s five billion phones, with one quarter offline and in need of top-up at any one time – highlighting the need for Ding’s frictionless and instant mobile top-up. In fact, Ding delivers a top-up every second, via 500+ operators, across 140+ countries – helping families and friends around the world to stay connected.