News

Number of news items returned: 141 to 160 records of 434

Nelson Resources Announce Additional Road Show Dates

25 November 2016

(15762 views)

  Nelson Resources Announce Additional Road Show Dates   The Nelson Resources team are in Sydney on Wednesday, 30th November and Thursday, 1st ...

The superannuation industry is ripe for change and disruption is here

24 November 2016

(15568 views)

" The superannuation industry is ripe for change and disruption is here" " The industry association ASFA, CEO Martin Fahy certainly thinks so ...

ASX Rule Changes - A Summary

11 November 2016

(16449 views)

  "The Australian Securities Exchange (ASX) has just released their revised rule changes that will take effect from 19 December 2016. We ...

BlueMount Capital Chinese Presentation Nov16

09 November 2016

(12124 views)

 The 'China Angle' BlueMount Capital offers a number of Chinese capabilities as shown in the slide below:     Please view the full presentation ...

Trac Group welcomes Elon Musk to roof party

08 November 2016

(11106 views)

  Trac Group welcomes Elon Musk to roof party   "Building products company Trac Group Holdings has welcomed billionaire Elon Musk’s planned expansion into ...

ASX Listing, Company Updates and Introductions - Funding Strategies Connect Nov 2016

04 November 2016

(15859 views)

ASX Listing, Company Updates and Introductions - Funding Strategies Connect Nov 2016 Dear Readers, I hope you enjoyed the Melbourne Cup festivities ...

"Get up to 50% of your export marketing costs back with Nifty Forms"

02 November 2016

(16170 views)

    "Get up to 50% of your export marketing costs back with Nifty Forms Nifty Forms is an online platform enabling startups ...

Ocular Robotics: Successful Demonstration at Army Innovation Day, Invitation to Present on Counter UAS Capabilities, Releases New Video

02 November 2016

(16137 views)

" Successful Army Innovation Day Demonstration for Ocular Robotics United States Defence Advanced Research Projects Agency (DARPA) Selects Ocular Robotics to Present ...

"Cirrena: Another long contract client signed"

01 November 2016

(15927 views)

" Cirrena signs 12 month development contract with recurring income Strong scope to offer new client other Cirrena products & services First revenues ...

"Australian Trading & Investment Corp plans 2017 capital raise ahead of longer term IPO in US - director"

01 November 2016

(15516 views)

"Australian Trading & Investment Corporation (ATIC), an Australian unlisted public financial technology company, plans to raise AUD 3m-AUD 5m (USD ...

"Nelson Resources could become attractive target amid renewed interest in gold - exec"

31 October 2016

(15428 views)

"Nelson Resources (previously Mongolian Resource Corporation), a Western Australian-based gold exploration company, could become a takeover target in 18 to 24 months ...

"OPMANTEK NAMED QUEENSLAND’S TOP ICT EXPORTER FOR THE 3RD CONSECUTIVE YEAR"

31 October 2016

(15247 views)

"After a year of outstanding international growth, Opmantek were thrilled to be recognized for the 3rd consecutive year as Queensland’s top ...

"The rise of Robo Advisors is set to be repeated in the $452 billion MySuper segment"

28 October 2016

(15636 views)

"The superannuation industry is on the cusp of significant change and Smart Defaults like Trustee Tailored Super are set to ...

Benojo - Latest News - October 2016

24 October 2016

(15642 views)

"- Benojo grows its tech capacity by hiring an ex- lead user experience designer from Microsoft - Benojo builds sales capacity ...

"The fast-paced world of Squirrel Super: a tech company at heart"

12 October 2016

(18364 views)

"Squirrel Super leads the SMSF market with flexibility and efficiency Squirrel Super (part of Squirrel Limited), which started trading in May ...

160 Macquarie St, St Lucia - Development Approved

11 October 2016

(16253 views)

"An update on St Lucia Developments luxury apartments development at 160 Macquarie Street, St Lucia. Arquis Property Group are pleased ...

ATIC Update: Round 3 Closed, Entering Global Markets - China, Continued Fin Tech Development

11 October 2016

(15068 views)

"Round 3 closed. Exploring Global Partnerships- China on target Trade via STOCKATIC ™ - evolvement of a trading platform ROBO Advice Continued outstanding outperformance ...

Introductions, News and Events - Funding Strategies Connect Oct 2016

11 October 2016

(14863 views)

Dear Readers, You will find it interesting to see the breadth and diversity of our clients in this newsletter and how ...

United States Defence Advanced Research Projects Agency (DARPA) Selects Ocular Robotics to Present on Counter UAS Capabilities

10 October 2016

(14842 views)

"The Defence Advanced Research Projects Agency (DARPA) is an agency of the U.S. Department of Defense responsible for the development ...

OPMANTEK LOOKS TO BRAZIL TO EXPAND GLOBAL FOOTPRINT

10 October 2016

(14964 views)

"Opmantek continues to experience strong growth and has further expanded their team in an attempt to capitalize on high demand ...

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