After entering voluntary administration in 2024, Booktopia was rescued from the brink of collapse. Late last year, the company announced it had been sold to electronics retailer digiDirect. Now the site is up and running again, and books are available for purchase.
One of the largest points of contention in Booktopia’s initial collapse was the purchase of a large-scale robotic warehouse. Kradjian sees the expensive investment as an asset for his business. The warehouse will now also be used for digiDirect’s stock.