Dicker Data Raising $50M For Expansion
ASX-listed tech hardware, software and cloud distributor, Dicker Data, has revealed it’s raising $50 million via investment bank JPMorgan to fuel “long-term... Read More
Cellnet On Covid-19 Life Support, 30 Days To Find Equity Partner
Smartphone accessories distributor Cellnet Group has been placed in a trading halt with thee Company desperately looking for an injection of capital... Read More
Synnex Revenues Fall 11%
IT and consumer electronics distributor Synnex revenues dropped 11.00% to US$11.4 billion in 2019. The Company who is rumoured to be in... Read More
Grey Market Concerns Over Jabra Headphones & LP’s Sold On Amazon
Amazon is coming under fire over concerns that products sold via their online marketplace are either fake or not supplied by a... Read More
Facebook Marketplace Threatens eBay, Gumtree
Online marketplaces, popular with distributors and retailers for selling excess or aging stock, are reportedly coming under threat from the Facebook Marketplace,... Read More
BREAKING NEWS: Myer Moves To Sell AV & CE, Model Riddled With Risk
Myer is doing a Dick Smith by cuddling up to a third party Company to flog consumer electronic products. How their model... Read More
Control4 & SnapAV Merger Shakes Up Market
Competition in the custom home automation market is set to significantly shake up, following news two of the industry’s titans SnapAV and... Read More
Amazon Scales Back Direct Sell, Pushes Marketplace
E-commerce behemoth Amazon is reportedly scaling back its direct sell business, with its third-party Marketplace tipped to be a near replacement. According... Read More
Synergy Appoints Gillette Exec As New Marketing Lead
Melbourne-based pro AV distributor Synergy has appointed former Gillette executive, Sonia Pace, as its new Marketing Manager, effective immediately. Ms Pace commenced... Read More
Dicker Data’s Revenue Up 14.4%
Major distributor Dicker Data has posted a higher than expected revenue result for the financial year ended December 31. The figures show... Read More