News

Number of news items returned: 1 to 20 records of 478

Director Briefing with Mark Garrahy from HighLow Fitness

24 June 2019

(88 views)

  Mark Garrahy, General Manager of HighLow Fitness Holdings Limited (“the Company”) discusses: Australian expansion plan - outlook and strategic focus HighLow Fitness and ...

Readers, The EOFY Edition - Funding Strategies Connect June 2019

18 June 2019

(155 views)

  Readers, The EOFY Edition - Funding Strategies Connect June 2019   Dear Readers, Welcome to the June 2019 edition of Funding Strategies Connect! Since ...

HighLow Fitness now Active Kids Approved

14 June 2019

(266 views)

   "HighLow Fitness now Active Kids Approved    HighLow Fitness is excited to announce it is now approved to after offer the Active ...

Podcast: "IG3 Education - A World Leading Technology for Teaching and Learning"

13 June 2019

(219 views)

  Podcast: "IG3 Education - A World Leading Technology for Teaching and Learning"   "Today on Eden Exchanges we spoke to Tony Church, ...

"IG3 Education actively assessing options for US and Europe market entry ahead of IPO in 12-18 months - CEO"

13 June 2019

(86 views)

   "IG3 Education actively assessing options for US and Europe market entry ahead of IPO in 12-18 months - CEO   IG3 Education, ...

First Australia Crypto Lender - Helio - Goes Live

07 June 2019

(173 views)

  "First Australia Crypto Lender - Helio - Goes Live   Helio Lending is now live and in the market writing loans. We ...

Instant Consult Turns One

04 June 2019

(209 views)

  "Instant Consult Turns One   Instant Consult celebrated its 1st birthday on the 1st June since introducing its app to the public. Incorporated ...

Qponics: "Progress in upgrading the algae farm in Brisbane" June 2019

03 June 2019

(146 views)

  Qponics: "Progress in upgrading the algae farm in Brisbane" June 2019   "The 24-kW solar panel array has been installed on the ...

"Man becomes youngest victim of deadly dust disease"

30 May 2019

(135 views)

Image above from the Gold Coast Bulletin article. Click on the image to read the article.    "Thanks for sharing the story ...

Freedom Road Travel acquires National Seniors Australia Travel Business

30 May 2019

(172 views)

  "Freedom Road Travel acquires National Seniors Australia Travel Business Freedom Road Travel Group (FRTG) is pleased to announce that its Australian ...

Readers, Distribution and News - Funding Strategies Connect May 2019

21 May 2019

(622 views)

  Readers, Distribution and News - Funding Strategies Connect May 2019   Dear Readers, Welcome to the May 2019 edition of Funding Strategies Connect! We ...

Qponics: "Progress in upgrading the algae farm in Brisbane" 30 Apr 2019

30 April 2019

(970 views)

"Progress in upgrading the algae farm in Brisbane | 30 Apr 2019   The ultrafiltration system is presently on-ship in transit from ...

HighLow Fitness - Expansion Plans

30 April 2019

(913 views)

HighLow Fitness - Expansion Plans   "HighLow is expanding our exercise community and planning to scale up the brand. Exciting times ahead." Mark ...

Guarda Group reaches capital raising milestone of $500k

24 April 2019

(801 views)

"Guarda Group reaches capital raising milestone of $500k   ...Guarda Group Holdings has successfully raised $500k in funds from new and existing ...

Freedom Road Travel Group - March Quarter Results

09 April 2019

(1408 views)

  "Freedom Road Travel Group - March Quarter Results   Freedom Road Travel Group (FRTG) achieved its highest transaction volumes to-date during the ...

Readers, AFSL, SSO and other news - Funding Strategies Connect April 2019

09 April 2019

(1117 views)

   Readers, AFSL, SSO and other news - Funding Strategies Connect April 2019 Dear Readers,   Welcome to the April 2019 edition of Funding ...

Funding Strategies granted Australian Financial Services Authorised Representative

03 April 2019

(1604 views)

    Funding Strategies granted Australian Financial Services Authorised Representative   On behalf of the team at Funding Strategies, I am delighted to announce ...

Introducing Urban Xtreme

02 April 2019

(1394 views)

 Introducing Urban Xtreme   Urban Xtreme is Australia’s only ski and adventure park and the only place you can ski and snowboard ...

Qponics: "Progress in upgrading the algae farm in Brisbane"

02 April 2019

(1446 views)

 "Progress in upgrading the algae farm in Brisbane   The 15m x 7m shed is now erected at the site (photos below). ...

Qponics: Prospective offtakers seeking samples for analysis

21 March 2019

(1920 views)

  "Prospective offtakers seeking samples for analysis   Qponics has been approached by several different companies in Australia, Asia, Europe and the United ...

Market Review: Dealer Trade vs TradeRev

14 May 18

 

"Market Review: Dealer Trade vs TradeRev

 

A key question which we are always asked is: How do we quantify the value of the Dealer Trade concept? Given this, we thought is may prove useful to you to examine a similar online auctioning model being run in North America.

TradeRev is a product originating in Canada which shares many similar qualities to Dealer Trade – being an app based, dealer to dealer vehicle auction platform.

TradeRev and its parent, KAR Auction Services Inc. (NASDAQ:KAR) released the following press release in October 2017:

KAR Goes All In on Digital – Acquires Remaining Interest in TradeRev Mobile App Auction Platform

Disruptive Technology Strengthens Company’s Digital Foundation and Accelerates Growth in Broad Dealer-to-Dealer Marketplace

October 03, 2017 09:15 ET | Source: KAR Auction Services, Inc.

“CARMEL, Ind., Oct. 03, 2017 (GLOBE NEWSWIRE) -- KAR Auction Services, Inc. (NYSE:KAR), has acquired the remaining interest in Nth Gen Software Inc. (“TradeRev”), a mobile app and desktop solution that facilitates real-time dealer-to-dealer vehicle auctions. KAR purchased a 50 percent stake in TradeRev in 2014 and acquired the remaining interest today for $50 million in cash and an additional $75 million over the next four years contingent on certain terms and conditions including TradeRev performance. TradeRev brings industry-leading mobile and digital technology to KAR’s portfolio of 250 whole car and salvage auctions, floorplan financing solutions, and other ancillary and related services. KAR will further integrate those capabilities into TradeRev to expand its digital business and strengthen its share in the dealer-to-dealer market (US) representing over 10 million annual transactions.”

TradeRev’s acquisition implies a valuation for its software at up to USD250 Million.

http://karauctionservices.com/kar-goes-all-in-on-digital-acquires-remaining-interest-in-traderev-mobile-app-auction-platform/

http://www.autonews.com/article/20171003/RETAIL04/171009919/adesa-parent-kar-auction-services-buys-rest-of-traderev

This transaction reflects the global, technology driven shift reverberating in wholesale vehicle remarketing in which Dealer Trade is at the forefront in Australia and the United Kingdom, with almost half of all Australian dealerships and over 1,500 UK dealerships registered on our platform.

We hope this proves informative you in providing some context surrounding our valuation processes and methodologies."

Jarrod Sierocki, Managing Chairman, Dealer Trade Holdings Limited, 14 May 2018.

For more information about Dealer Trade, please click here