Following a proven model that skyrocketed Kogan.com (ASX: KGN) to the top of Australia’s eCommerce market, the online retailer is set to follow a similar path in New Zealand with the acquisition of Mighty Ape and its 895,000 subscribers. A homegrown retailer in New Zealand, Mighty Ape has built a reputation for its quick delivery
Read More
Artificial intelligence and eCommerce company Crowd Media (ASX: CM8) has kicked another major goal in their corporate turnaround strategy, today clearing their $1.67m debt facility just one week after launching a beta version of their AI, 12 months ahead of schedule. The facility relates to some legacy debt prior to the arrival of Chairman Steven
Read More
As the largest podiatry clinic operator in Australia, allied healthcare company Healthia (ASX: HLA) is set to increase its range of products and services offered to patients and new customers with the acquisition of retailer Natural Fit Footwear and its online store. Key to the acquisition is Healthia’s network of 94 podiatry clinics across Australia
Read More
Having undergone their own business transformation over the past 12 months, eCommerce and artificial intelligence company Crowd Media (ASX: CM8) has capitalised on a corporate restructure from one of their partners to acquire trendy German accessories brand I AM KAMU for 1 Euro. The nominal cash acquisition will primarily be supported by 5% profit royalties
Read More
It’s a strange world for children who can no longer spend hours browsing toys at Toys “R” Us following their store closures in 2018 but the way toys are marketed is set to get an overhaul with the $32.6 million acquisition of Hobby Warehouse, its brands, and 1 million subscribers by Funtastic (ASX: FUN). The
Read More
Having raised $40 million from their IPO which would give Mydeal.com.au (ASX: MYD) an implied market capitalisation of $258.8m, investors that missed out on the IPO offer have hit the ASX boards in droves to open MYD shares at $1.80, a rise of 80% on their $1 IPO Offer Price. The demand for MYD shares
Read More