News | Business
29 Mar 2024 11:55
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    New Zealand's first e-commerce-only retailer, Mighty Ape, has been sold to Australian retail and insurance company, Kogan, for almost 130 million dollars

    New Zealand's first e-commerce-only retailer, Mighty Ape, has been sold to Australian retail and insurance company, Kogan, for almost 130 million dollars


    Kogan.com has bought 100 percent of the business, but Mighty Ape founder Simon Barton is staying on as chief executive.

    Barton says the deal will help Mighty Ape expand its product range, and improve the customer experience.

    Mighty Ape has more than 895 thousand subscribers, and in the 12 months to September, generated more than 125-million dollars revenue.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     29 Mar: Innovative New Zealand apple producing company Rockit is focussing on its international expansion
     29 Mar: Another pay offer is on the table for Police - after union members labelled the last one insulting
     28 Mar: Local councils are being challenged to back up rising debt with infrastructure revenue
     28 Mar: Employees are being reminded to know their rights and responsibilities this Easter
     28 Mar: The price gap between new builds and existing properties is starting to narrow
     27 Mar: A Bill passed in Parliament today will bring changes to the bright line test
     27 Mar: 'Bizarre' and unbelievable: Gas-rich Australia's looming need for LNG imports draws fire
     Top Stories

    RUGBY RUGBY
    Calls for Rugby Australia to back their women's game from Chiefs Manawa fullback Renee Holmes More...


    BUSINESS BUSINESS
    Innovative New Zealand apple producing company Rockit is focussing on its international expansion More...



     Today's News

    Entertainment:
    Eva Mendes says she and Ryan Gosling had a "non-verbal agreement" she'd be a stay-at-home mum 11:53

    Law and Order:
    A forensics team is in Auckland's Browns Bay, as investigations continue after one person died, after assaulting someone 11:27

    Entertainment:
    Rebel Wilson has dec lared she won't be "bullied or threatened" by Sacha Baron Cohen 11:23

    Living & Travel:
    South Africa bus crash leaves at least 45 dead after vehicle plunges off bridge and catches fire 11:17

    Accident and Emergency:
    An eight-year-old child is the sole survivor of a bus crash in South Africa that's killed 45 people 11:07

    Entertainment:
    Whoopi Goldberg stormed off the stage of 'The View' to tell off an audience member for filming it on his phone 10:53

    Cycling:
    Star Belgian cyclist Wout van Aert has had surgery after suffering multiple fractures in a crash which has put his Giro d'Italia entry in doubt 10:47

    Law and Order:
    The tangi of one of the men who died after a mass brawl at a 21st birthday party in Gisborne last weekend will be held today 10:27

    Entertainment:
    Machine Gun Kelly is said to be in "good spirits" despite Megan Fox admitting they once called off their engagement 10:23

    Rugby:
    Calls for Rugby Australia to back their women's game from Chiefs Manawa fullback Renee Holmes 10:07


     News Search






    Power Search


    © 2024 New Zealand City Ltd