News

Number of news items returned: 41 to 60 records of 422

"Cyber Research turns down buyers to build more value ahead of potential exit - CEO"

10 April 2018

(6595 views)

  "Cyber Research turns down buyers to build more value ahead of potential exit - CEO Cyber Research, a private Brisbane, Australia-based ...

"Copper supply crunch earlier than predicted — experts"

10 April 2018

(1356 views)

"Copper supply crunch earlier than predicted — experts   Copper demand will surpass supply earlier than expected, with the first clear ...

"Copper pipeline lowest in a century"

06 April 2018

(1291 views)

"Copper pipeline lowest in a century   Appetite for copper-mining assets is picking up after prices climbed in 2017 to the highest ...

"AqMB Holdings ramping up water solutions software revenue ahead of potential trade sale from 2020 - MD"

05 April 2018

(6163 views)

  "AqMB Holdings ramping up water solutions software revenue ahead of potential trade sale from 2020 - MD   AqMB Holdings, a privately ...

"Supply Chain Inefficiencies In Emerging Markets: Is Blockchain The Answer?"

28 March 2018

(6342 views)

"Supply Chain Inefficiencies In Emerging Markets: Is Blockchain The Answer?   By Max Ward, CEO and Founder of OpenPort Emerging markets represent the ...

"Blockchain In Transit: OpenPort Paves New Road to Shipping Traceability and Transparency"

27 March 2018

(6607 views)

  Diamond-Michael Scott Digital Economy Journalist Specializing in Blockchain Technology| Fueling The Advancement of Freedom Through Technology "Blockchain In Transit: OpenPort Paves New ...

OpenPort

20 March 2018

(6991 views)

"Canoe Mining Enters Reverse-Takeover LOI with OpenPort, a Private Placement and Disposition of Assets   NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN ...

Easter, Event, Introductions and News - Funding Strategies Connect March 2018

16 March 2018

(6647 views)

    Easter, Event, Introductions and News - Funding Strategies Connect March 2018   Dear Reader, Welcome to Funding Strategies Connect. We have seen a ...

JNCI publication involving CytImmune's CYT-21625

10 March 2018

(7038 views)

  "JNCI publication involving CytImmune's CYT-21625"   "Please find attached [via the link below] an article published in the most recent version of ...

AqMB introduces SupplierLink

08 March 2018

(6776 views)

  AqMB introduces SupplierLink   "Welcome to your virtual marketplace Process designers are busy people. Conferences and trade shows are expensive and the leads ...

"APRA to introduce first prudential standard aimed at tackling growing threat of cyber attacks"

07 March 2018

(6882 views)

"APRA to introduce first prudential standard aimed at tackling growing threat of cyber attacks"   Cyber Research has advised us of another ...

Support Management Solutions: Updates on Board and Development

27 February 2018

(7364 views)

    Support Management Solutions: Updates on Board and Development   "New Director Hugh Hamilton has been appointed to the Board. Hugh has experience in ...

Happy New Year - Funding Strategies Connect Jan 2018

06 February 2018

(5992 views)

    Happy New Year - Funding Strategies Connect Jan 2018   Dear Readers, Happy new year!   Flora Mok and myself were privileged to attend the ...

Squirrel Acquires London Based FCA Licensed Financial Service

05 February 2018

(5598 views)

    Squirrel Acquires London Based FCA Licensed Financial Service   "Squirrel Limited through its wholly owned UK based subsidiary, Squirrel Money Limited is ...

Mark's report on his recent Hong Kong visit

01 February 2018

(5799 views)

    Flora Mok and myself (pictured above) were privileged to attend the Asian Financial Forum, the Asia Private Equity Forum and ...

Dealer Trade Progress Report

25 January 2018

(4521 views)

    Dealer Trade has provided a progress report in regards to: Gumtree - CarRecord Partnership New Manufacturer - Suzuki QLD Dealer Trade UK Fairfax - ...

AqMB offers "PFD export to CAD software, smartPFD mode, plant rollback & simplified stream numbering"

25 January 2018

(4832 views)

    AqMB offers "PFD export to CAD software, smartPFD mode, plant rollback & simplified stream numbering"   Transition easily from BFD to PFD ...

"Support Management Solutions to raise capital for new medical software product"

23 January 2018

(5810 views)

    "Support Management Solutions to raise capital for new medical software product   Support Management Solutions to seek capital in 6-9 months to ...

2017 - its a wrap! Funding Strategies Connect December 2017

19 December 2017

(7992 views)

  2017 - its a wrap! Funding Strategies Connect December 2017     Dear Readers, 2017 - its a wrap! We have completed significant assignments for ...

Squirrel ranked 84th in the 2017 Deloitte Technology Fast 500 awards

18 December 2017

(8170 views)

  "Fresh off the back of Squirrel's recognition as one of the AFR's Fast Starters, I am pleased to announce we ...

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