Kogan’s Share Purchase Plan Oversubscribed, Raises $20m
Kogan.com has successfully raised $20 million through its share purchase plan that was launched in June, surpassing the original target by $5... Read More
COVID Shopping: Afterpay Sales Up 127%
Afterpay has witnessed substantial growth over the past financial year, with sales accelerating in Q4 FY20 – underlying sales rose 127% that... Read More
COVID-19 Boosts Australia’s Online Retail Sales By 50.4%
The NAB Online Retail Sales Index rose by 50.4% year-on-year (y-o-y) in May, following April’s record y-o-y growth of 58.5%. “While online... Read More
Afterpay Rival Shares Soar After Mastercard Deal
Afterpay rival and ‘buy now, pay later’ provider, Splitit, has seen its shares skyrocket 34% after announcing a deal with Mastercard to... Read More
Amazon Australia’s Online Alcohol Store To Rival BWS & Liquorland
Amazon Australia is set to take on the likes of BWS, Liquorland and Dan Murphy’s with its new ‘Wine, Beer & Spirits’... Read More
Kogan.com Successfully Raises $100 Million
Kogan.com has successfully completed the $100 million placement that it launched yesterday, at an offer price of $11.45 per share. This represented... Read More
Divorce Costs Bezos First $200B Man Crown
Last year’s divorce from ex-wife McKenzie Bezos has reportedly cost Amazon founder, Jeff Bezos, from being crowned the world’s first $200 billion... Read More
Kogan’s Gross Sales Rise By More Than 100%
The Australian e-commerce site Kogan.com has witnessed significant growth during the COVID-19 crisis, with the retailer recording year-on-year growth of 100% in... Read More
Appliances Push Oz Online Retail Sales Growth To Record
The NAB Online Retail Sales Index surged in April to the highest recorded monthly growth rate in the series (since 2012) –... Read More
Kogan CEO & CFO Set To Receive $50m Options
Executive directors of local e-commerce behemoth, Kogan.com, Ruslan Kogan and David Schafer are set to receive $50 million in bonus options if... Read More