Comet, the electrical retailer that collapsed in 2012, has been relaunched as an online marketplace by entrepreneur Cas Paton, who has invested £10m in the launch.
The new Comet will list more than one million products from 2,500 sellers, from TVs and washing machines to mobiles, computers and gadgets. It will trade online only and will not sell its own stock.
Paton, 42, the founder of online marketplace OnBuy, bought the brand, which went into liquidation in 2012. He believes Comet could eventually become a business worth between £250m and £500m.
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