News

Number of news items returned: 161 to 180 records of 422

Benojo - Latest News - July 2016

19 July 2016

(12841 views)

"Benojo celebrate almost $3m of donations on its platform in 2016...reach a milestone of 6000 users and 50 corporate clients" Martyn ...

Capital Raising progressing with Round 1 fully subscribed

15 July 2016

(12627 views)

"Freedom Suites Ltd has recently closed Round 1 of its capital raising fully subscribed and has extended the offer for ...

Ocular Robotics ASSOB offer closing 17 July 2016

12 July 2016

(13520 views)

"Ocular Robotics’ current share offer on the ASSOB board closes on the 17th July 2016 and I would like to ...

DSTG Therman Stress Analysis Collaboration Featured at Partnerships Week

12 July 2016

(12688 views)

"As reported earlier the Defence Science Technology Group (DSTG) have through an R&D collaboration been pursuing a development with Ocular ...

Incentives, Introductions and News - Funding Strategies Connect June July 2016

01 July 2016

(11352 views)

Dear Readers, From 1st July 2016, the Australian Government is introducing tax incentives for early stage investors. "If you invest in ...

Nifty R&D Special Offer

30 June 2016

(13111 views)

"Submit with Nifty R&D on or before 31st Aug to receive 25% off the cost of your R&D claim" Brendan White, ...

Qponics awarded $1m CRC-P Grant

30 June 2016

(12649 views)

"Queensland-based omega-3 algae farming company, Qponics, has been awarded a $1 million grant to construct a commercial-sized algae farm in ...

Freedom Suites to exhibit at Brisbane Hair and Beauty Expo

29 June 2016

(12639 views)

"Freedom Suites are pleased to announce that they will be exhibiting at the upcoming Brisbane Hair and Beauty Expo on ...

Opmantek continues strong growth and increases presence with new configuration technology

27 June 2016

(13559 views)

"Opmantek continues strong growth and increases presence in the Network Automation Market with new configuration technology" Danny Maher, Managing Director, Opmantek ...

ICS June news

24 June 2016

(12454 views)

"Certification Bodies Seek to Bridge their Skills Shortage", "Cutting Edge and Exclusive Food Security Training", "Asian Footprint in Training and ...

Squirrel & Metallum Sign Binding Heads of Agreement

17 June 2016

(13702 views)

"The Board of Metallum Limited (ASX:MNE) is pleased to announce that it has executed share sale agreements with the shareholders ...

Benojo - Latest News - June 2016

15 June 2016

(12523 views)

"As the client base grows and tech releases are almost daily Benojo is establishing itself as a philanthropic platform of ...

Ocular Robotics Releases 'RobotEye Thermal' Product Range

15 June 2016

(12311 views)

"Ocular Robotics is excited to announce the release of the RELW60 Thermal product range. This extension of the RobotEye product ...

Ocular Robotics: Successful Demonstration to US Defence

15 June 2016

(12157 views)

"The company is pleased to announce a recent successful demonstration of one of OCR’s products integrated onto a target platform ...

REHS25 Hyperspectral Sees Beyond Human Vision

15 June 2016

(11892 views)

"Of particular note in the demonstrations shown recently at the Image Sensing Show in Yokohama by OCR’s Japanese distributor ViewPLUS ...

Simultaneous Impressive Displays by OCR's Japanese Distributor ViewPLUS Inc.

15 June 2016

(11819 views)

"Ocular Robotics’ distributor in Japan, ViewPLUS Inc. had an impressive display of the company’s products at the Image Sensing Show ...

Paradigm & IODM - Offers Extended

03 June 2016

(12955 views)

"Paradigm Metals Limited is pleased to announce that it has received conditional approval from ASX to the re-quotation of its ...

Introducing Freedom Suites, Benojo, EOI's and News - Funding Strategies Connect May June 2016

30 May 2016

(12503 views)

Introducing Freedom Suites, Benojo, EOI's and News - Funding Strategies Connect May/June 2016 Dear Readers, I had a very interesting time visiting ...

ATIC reports Stellar Investment Portfolio Performance

26 May 2016

(12592 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

(13512 views)

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

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