News

Number of news items returned: 1 to 20 records of 468

Readers, Distribution and News - Funding Strategies Connect May 2019

21 May 2019

(7 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

(336 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

(336 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

(285 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

(794 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

(578 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

(965 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

(781 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

(839 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

(1307 views)

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

"Growth and Walker Capital Features in the SMH and AGE"

21 March 2019

(701 views)

     "Growth and Walker Capital Features in the SMH and AGE Following the Royal Commission into the banking sector, investors are looking ...

BlueMount Capital Secures Expansion Funding for Elite Military Fitness

14 March 2019

(1366 views)

   BlueMount Capital Secures Expansion Funding for Elite Military Fitness   "I am delighted to announce that we have secured AUD $3.5 million ...

Readers, News and Updates - Funding Strategies Connect March 2019

14 March 2019

(1477 views)

   Readers, News and Updates - Funding Strategies Connect March 2019   Dear Reader, Welcome to the March 2019 edition of Funding Strategies Connect! We ...

Guarda wins big at World of Concrete Trade Show

13 March 2019

(1431 views)

  "Guarda wins big at World of Concrete Trade Show   The Guarda Edge Powercutter has just won the award for "Most Innovative ...

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

28 February 2019

(1766 views)

  "Qponics: Progress on the upgrade of the pilot algae farm in Brisbane into a small-scale production facility   The sky-blue coloured lining for ...

Podcast: Learning Comes First! (ft. Manish Goklaney, Co-Founder of Learn Primary)

25 February 2019

(1690 views)

   Podcast: Learning Comes First! (ft. Manish Goklaney, Co-Founder of Learn Primary)   Today on Eden Exchanges we spoke to Manish Goklaney, Co-Founder ...

"Silicosis death dust audit reveals 'major epidemic worse than asbestos'"

21 February 2019

(1615 views)

  "Silicosis death dust audit reveals 'major epidemic worse than asbestos'  ABC News reported on 21 February 2019: "An audit of Queensland's manufacturing ...

Director Briefing with Manish Goklaney from Learn Primary

19 February 2019

(2187 views)

In this Director Briefing, Manish Goklaney, Co-Founder of Learn Primary Pty Ltd, discusses: Learn Primary’s objective to improve learning for children ...

Podcast: The Road Most Travelled (ft. David Keir from Freedom Road Travel Group – Discusses Strategy and Expansion Plans)

19 February 2019

(2095 views)

   Podcast: The Road Most Travelled (ft. David Keir from Freedom Road Travel Group – Discusses Strategy and Expansion Plans)   Today on ...

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

12 February 2019

(2268 views)

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

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