News

Number of news items returned: 161 to 180 records of 404

ATIC reports Stellar Investment Portfolio Performance

26 May 2016

(10782 views)

 ATIC reports Stellar Investment Portfolio Performance Australian Trading and Investment Corporation Ltd reports: " Outstanding investment portfolio performance Expanded product/service offer ATIC is holding ...

Benojo - Latest news - May 2016

24 May 2016

(11462 views)

"As Benojo begins to ramp up in the Australian domestic market it attracts a globally recognised CEO, US interest, acquires ...

BlueMount Capital WA Office bolsters portfolio offering in the Food & Beverages Sector

23 May 2016

(11013 views)

BlueMount Capital WA Office bolsters portfolio offering in the Food & Beverages Sector "The Western Australian Office of BlueMount Capital is ...

Opmantek recognised as one of America's most innovative companies in the 2016 American Business Awards

23 May 2016

(10776 views)

OPMANTEK RECOGNISED AS ONE OF AMERICA’S MOST INNOVATIVE COMPANIES IN THE 2016 AMERICAN BUSINESS AWARDSSM " Opmantek has been named as one of America’s most ...

BR Sustainable Investments Australia Recommends Trac Offer

20 May 2016

(11086 views)

" Please read the prospectus documents. ASX code TRC, bookbuild code TRCXBB. We recommend the offer. The levels of CO2 in the atmosphere ...

Paradigm & IODM - Extension of Offer

05 May 2016

(10868 views)

"Paradigm Metals Limited (ASX: PDM) wishes to announce that the Offers under the Prospectus dated 1 April 2016 have been ...

IODM signs strategic alliance agreement with National Credit Insurance

05 May 2016

(11327 views)

"Melbourne, Australia –- May 5, 2016: Paradigm Metals Limited (“Paradigm” or “the Company”) is pleased to announce that IODM has ...

Introductions to Solar, Balustrades, Automated AR Cycle plus news - Funding Strategies Connect April May 2016

29 April 2016

(10637 views)

  Introductions to Solar, Balustrades, Automated AR Cycle plus news - Funding Strategies Connect April/May 2016 Dear Readers, As I am heading off ...

Ocular Robotics: The Company Appoints Turkish Distribution Partner LEO Engineering, and Impressive Display of Ocular Robotics’ Products at Connect Expo 2016

26 April 2016

(11133 views)

"Ocular Robotics Appoints Turkish Distribution Partner LEO Engineering Ocular Robotics is pleased to announce the appointment of Turkish automation technology reseller ...

Opmantek in record period of growth

26 April 2016

(11097 views)

"The Opmantek management team was pleased to report excellent Q1 closing figures during a shareholder update web conference last Thursday. “The ...

IODM Market Update

26 April 2016

(10627 views)

" Paradigm Metals Limited (“Paradigm” or “the Company”) is pleased to provide an IODM Market Summary as provided by the management of IODM. Focus ...

Integrity Compliance Systems' CEO invited to speak at major food safety conferences

22 April 2016

(11180 views)

" ICS provide the only training course in Australia for Vulnerability Assessment and Critical Control Points (VACCP) plan, which is now ...

ATIC: New Revenue Streams

22 April 2016

(11419 views)

"Funds Management services to start in June 2016 Until now ATIC’s core product has been equity research, and resulting buy/sell share ...

23rd Annual AustCham Westpac Australia-China Business Awards Winners Announced

14 April 2016

(11008 views)

"Shanghai: 14th April - The AustCham Westpac Australia-China Business Awards Gala Dinner last night recognised Australian and Chinese businesses in ...

Integrity Compliance Solutions wins US based seafood processing giant Trident Seafood

06 April 2016

(12329 views)

 Integrity Compliance Solutions wins US based seafood processing giant Trident Seafood    "It is an exciting time for Integrity Compliance Systems Limited ...

China Dairy IPO closes following solid demand

05 April 2016

(11407 views)

"China Dairy Corporation Limited (“China Dairy or “the Company”) today announced the successful closure of its ASX IPO following solid ...

BlueMount Capital in Perth has expanded its senior ranks

05 April 2016

(11654 views)

BlueMount Capital in Perth has expanded its senior ranks with the addition of Patrick Kedemos as Managing Partner and James ...

Everything you need to know about Building-integrated photovoltaics

30 March 2016

(10688 views)

"...But while major installations might be few and far between, there are some exciting developments in design and innovation. Leading ...

Ocular Robotics: Ocular Technology Applied to Solve Structural Fatigue Testing Limitations, and March a Busy Time for Exhibition of Ocular Products Around the World

23 March 2016

(11538 views)

"Ocular Technology Applied to Solve Structural Fatigue Testing Limitations One of the most exciting features of the OCR business for the ...

ATIC: Sales Team Growing & Marketing ramping up!

23 March 2016

(12446 views)

"  4 full time sales staff, 2 more commencing 4th April 2016. Lead generation has commenced via online and telemarketing. 1 full time ...

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