Latest Marketplace News

Mad Paws shareholders have overwhelmingly approved the acquisition by Rover Group, setting the stage for a significant shift in Australia's leading pet services marketplace.

Mad Paws Holdings Limited convened a pivotal Scheme Meeting to seek shareholder approval for its $61.5 million acquisition by Rover Group, Inc., with the Board unanimously backing the deal. Key conditions precedent have been met, setting the stage for final court approval and scheme implementation in November.

The ACCC has approved Cuscal Limited’s acquisition of Indue Limited, concluding the deal won’t significantly reduce competition in payment facilitation services. The decision highlights ongoing industry consolidation balanced by multiple alternative providers and technological shifts.

Freelancer Limited reported a steady third quarter with operational profitability and notable growth in AI-related projects and Loadshift revenues, despite a year-on-year dip in overall marketplace volume.

Klevo Rewards has completed a partial entitlement offer, raising $1.77 million with underwriters covering 40% of the targeted $4.12 million capital raise. The company now faces decisions on allocating the remaining shortfall shares.

Connexion Mobility reported a modest 1% revenue increase to $2.9 million in Q1 FY26, while net profit before tax declined 19% due to the absence of prior quarter government incentives. The company is advancing its SaaS platform footprint in US automotive retail and investing strategically in Covertrue Group.

Entertainment Rewards’ majority shareholder Suzerain Investments has announced a $0.022 per share cash takeover offer, valuing the company at nearly $29 million and offering shareholders a substantial premium.

Vinyl Group Ltd reports a striking 190% revenue surge in FY25 and a record Q1 FY26, setting sights on its first EBITDA-positive quarter by mid-2026.

Articore Group Limited has reported its first profitable quarter in four years, delivering a $0.8 million EBIT in 1QFY26 and reaffirming its FY26 guidance amid strategic investments in AI and new product launches.

Airtasker has landed a £2.5 million media investment from Channel 4’s venture arm to accelerate growth in the UK, building on a strong marketplace performance and deepening a strategic media partnership.

Klevo Rewards Limited has extended the closing date of its entitlement offer to 15 October 2025, aiming to raise up to $4.12 million through a discounted share issue. This move provides shareholders additional time to participate in the company’s capital raising effort.

Thrive Tribe Technologies has announced a 1-for-2 pro-rata non-renounceable entitlement offer at $0.003 per share, aiming to raise approximately $618,736 to support its working capital needs. The offer closes on 10 October 2025 and targets eligible shareholders in Australia, New Zealand, and Malaysia.