Latest Marketplace News

Harris Technology reported a $3.2 million sales quarter with improved gross margins, driven by its expanding refurbished tech division, despite a year-on-year sales decline.

MyEco Group’s CEO Richard Tegoni will remain at the helm for up to another year while the company initiates a broad search for his successor, signaling a pivotal leadership transition in the sustainable packaging leader.

Locate Technologies has successfully raised $168,915 through its At-the-Market Facility, reinforcing its financial position as it continues to develop its delivery optimisation platforms.

RooLife Group has agreed to sell its Australian digital marketing subsidiary CHOOSE Digital for $356,500, marking a strategic pivot towards high-margin international product sales.

Locate Technologies has successfully raised nearly $400,000 through its ATM facility, bolstering its cash reserves to support growth in its delivery optimisation platforms.

Stealth Group Holdings has secured exclusive distribution rights for major global consumer brands in Australia and New Zealand, aiming to accelerate revenue growth and expand its digital footprint.

Domain Holdings Australia Limited is set for acquisition by CoStar Group at $4.43 per share, a premium supported by the Domain Board, Independent Expert, and controlling shareholder Nine. The scheme awaits shareholder and court approval, with a meeting scheduled for August.

Locate Technologies has successfully raised A$320,000 through its At-the-Market Facility, reinforcing its balance sheet as it advances its SaaS delivery platforms Locate2u and Zoom2u.

Vinyl Group has secured a $1.5 million revolving credit facility from Songtradr and proposed converting historical liabilities into equity, aiming to boost its balance sheet and accelerate growth on its Vinyl.com platform.

Gumtree Australia Markets Limited has agreed to sell its Capital Markets Business to ADVFN Limited for $6.8 million, streamlining its focus and reducing debt significantly.

FirstWave Cloud Technology has renewed its key email security agreement with Telstra, securing ISM-compliant services for federal agencies while preparing for a notable revenue decline offset by cost savings and growth via AWS.

Locate Technologies has raised an additional A$239,180 through its At-the-Market facility and expanded its Bitcoin treasury to over 10 BTC, reinforcing its financial strategy amid growth plans.