Netshoes, the large Brazilian-based online retailer of sporting goods, reported a relatively stable net loss of 164.3 million reais (€38.9m-$48.1m) for 2017 on 9 percent higher revenues of R$1,889 million (€447.5m-$552.5m). On an adjusted basis, the net loss went up by 11 percent R$170.3 million (€40.3m-$49.8m), weighed down by a loss of R$29.8 million (€7.1m-$8.7m) from its B2B operations. The company's strong retail sales were driven by the private label and the marketplace business. The number of registered members and the quantity of orders placed on mobile devices continued to go up.

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