News

Number of news items returned: 1 to 20 records of 450

"Freedom Road Travel plans capital raise to expand China-focused business to US – CEO"

12 February 2019

(143 views)

   "Freedom Road Travel plans capital raise to expand China-focused business to US – CEO   Freedom Road Travel Group (FRTG), a Hong ...

"Learn Primary could seek to raise capital in 4Q19 to enter New Zealand, Canada - CEO"

08 February 2019

(168 views)

  "Learn Primary could seek to raise capital in 4Q19 to enter New Zealand, Canada - CEO   Learn Primary, a private Australian ...

Readers, Happy new year - Funding Strategies Connect January and February 2019

05 February 2019

(316 views)

  Reader, Happy new year - Funding Strategies Connect Jan/Feb 2019   Dear Readers, Happy New Year 2019 - The Year of the Pig! We ...

Learn Primary - January 2019 Update and Announcements

31 January 2019

(404 views)

   "Learn Primary - January 2019 Update and Announcements   Over the last quarter Learn Primary has had significant achievements which the Company ...

"Progress on the upgrade of the pilot algae farm in Brisbane into a small-scale production facility"

30 January 2019

(420 views)

  "Progress on the upgrade of the pilot algae farm in Brisbane into a small-scale production facility The small ultrafiltration system continues ...

“Guarda Systems receives strong interest in products at World of Concrete Trade Show in the US”

30 January 2019

(354 views)

  “Guarda Systems receives strong interest in products at World of Concrete Trade Show in the US” "Guarda Systems attended the World ...

"FREEDOM ROAD TRAVEL SECURE QUEENSLAND RUGBY UNION PARTNERSHIP"

28 January 2019

(386 views)

  " FREEDOM ROAD TRAVEL SECURE QUEENSLAND RUGBY UNION PARTNERSHIP  Freedom Road Travel has gone from strength to strength in both the domestic ...

"Helio Lending in Hong Kong"

24 January 2019

(537 views)

  "Helio Lending In Hong Kong   Helio Lending has been in attendance at the Asian Financial Forum in Hong Kong, represented by ...

Director Briefing with Dr Graeme Barnett from Qponics Limited

18 January 2019

(806 views)

  In this Director Briefing, Dr Graeme Barnett, CEO and Managing Director of Qponics Limited ("Qponics", "the Company") discusses: Background of Qponics ...

Podcast: Delivering an Elite Business, Military Style (Ft. Scott Freeman of EMF, Elite Military Fitness)

20 December 2018

(782 views)

  Podcast: Delivering an Elite Business, Military Style (Ft. Scott Freeman of EMF, Elite Military Fitness)   Today on Eden Exchanges we spoke ...

Guarda Releases Powerful Saw Dust Comparison Video

18 December 2018

(1755 views)

    Guarda Releases Powerful Saw Dust Comparison Video    "We are very excited that our brand new Guarda Edge Powercutter will be in ...

"EMF hires BlueMount Capital to assist with debt funding; potential exit in 3-5 years - co-owner"

18 December 2018

(749 views)

    "EMF hires BlueMount Capital to assist with debt funding; potential exit in 3-5 years - co-owner"   "EMF Group of Companies, a ...

Qponics continues to upgrade pilot algae farm in Brisbane

12 December 2018

(1821 views)

  "Qponics continues to upgrade pilot algae farm in Brisbane The structural part of the new 65m x 12m raceway pond was ...

Podcast: Omega-3 Industry on The Rise With Algae Farming (ft. Dr Graeme Barnett, CEO & MD of Qponics)

12 December 2018

(2197 views)

  Podcast: Omega-3 Industry on The Rise With Algae Farming (ft. Dr Graeme Barnett, CEO & MD of Qponics) "Today on Eden ...

"Carhood launches AUD 1.5m pre-IPO round ahead of 2Q19 listing - new CEO"

07 December 2018

(1744 views)

  "Carhood launches AUD 1.5m pre-IPO round ahead of 2Q19 listing - new CEO"   "Carhood, a private Melbourne-based Australian car sharing rental ...

Helio Lending - Unlocking Cryptocurrency, Australian First Launches into Market

06 December 2018

(2119 views)

  "Unlocking Cryptocurrency, Australian First Launches into Market   Helio Lending today boldly launched into the Australian cryptocurrency market. Helio Lending is the ...

Edge Powercutter to be launched at upcoming World of Concrete Trade Show - Guarda

06 December 2018

(1724 views)

  Edge Powercutter to be launched at upcoming World of Concrete Trade Show - Guarda   "Guarda is excited to be launching the ...

Director Briefing with John O'Shea from Helio Lending Pty Ltd

03 December 2018

(1990 views)

  Please click on the link below to read the Director Briefing. For more information about Helio, please click here.

Readers, Birthday, Introductions & News - Funding Strategies Connect November 2018

30 November 2018

(1980 views)

  Readers, Birthday, Introductions & News - Funding Strategies Connect November 2018   Dear Readers, With the festive season fast approaching, I welcome you ...

Podcast: Unlocking The Value of Cryptocurrency (ft. John O'Shea, Founder of Helio Lending)

30 November 2018

(2003 views)

  Podcast: Unlocking The Value of Cryptocurrency (ft. John O'Shea, Founder of Helio Lending)   Eden Exchanges spoke to John O’Shea, Founder of ...

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