Growth Strategy
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Perth company MOKO.Mobi acquires US networking site
7:09PM | Wednesday, 27 July 2011 | Michelle HammondPerth-based mobile social networking company MOKO.Mobi has acquired US mobile site mbuzzy.com for up to $3 million in stock, as it attempts to make its mark in the US market.
Pollenizer launches new start-up pitching platform
7:00AM | Wednesday, 27 July 2011 | Oliver MilmanTech start-up networks Pollenizer and Innovation Bay have rolled out a new open-source platform that allows start-ups to pitch their concepts to a wide range of investors.
Travel web service Airbnb raises $112m to fuel global expansion
7:05PM | Tuesday, 26 July 2011 | Michelle HammondTravel web service start-up Airbnb has raised $112 million in a new funding round, according to reports, which will be used to fuel its rapid expansion throughout the world.
Online start-up OHKI appoints Siimon Reynolds as chairman
7:42PM | Monday, 25 July 2011 | Oliver MilmanFledgling online electronics business OHKI has appointed high-profile entrepreneur Siimon Reynolds as its chairman, just seven months after its launch.
Solomon Lew’s retail empire to close 50 stores, flags online expansion
7:36PM | Monday, 25 July 2011 | Madeleine HeffernanPremier Investments says it will close 50 stores in its Just Group retail division and expand its online business to combat challenging retail conditions.
Rupert Murdoch’s top 10 entrepreneurial moves
7:36PM | Thursday, 21 July 2011 | Oliver MilmanWhile currently embroiled in the shocking News Corporation phone hacking scandal, it’s undeniable Rupert Murdoch has been a towering figure in the business world. We present 10 of the best moments from the media magnate’s impressive career.
La Senza launches Sydney flagship store
7:01PM | Thursday, 21 July 2011 | Michelle HammondCanadian lingerie label La Senza has opened its first flagship store in Sydney, less than two months after it launched its eStore, as it seeks to increase its presence in the Australian market.
New tech incubator AngelCube looks to take flight
7:41PM | Tuesday, 19 July 2011 | Michelle HammondSerial entrepreneur Andrew Birt is looking for Melbourne-based start-ups to become the first group of participants for his latest venture AngelCube, an early stage incubator for web-based businesses.
Industry associations – are they worth it?
7:52PM | Monday, 18 July 2011 | Oliver MilmanIs it time for start-ups to start taking their industry associations more seriously? StartupSmart garnered two opposing opinions on the merits, or otherwise, of joining an industry body.
Soaring group buying sites tipped for bumpy landing
7:12PM | Monday, 18 July 2011 | Michelle HammondAustralian consumers’ spend on group buying sites soared by 72% during the June quarter, according to a Telsyte report, but experts say sites will start to fold as the market becomes more crowded.
Branson’s Virgin Active flags Aussie expansion
7:09PM | Monday, 18 July 2011 | Michelle HammondRichard Branson’s Virgin Group will dramatically expand its chain of Virgin Active health clubs in Australia, in a $40 million move that will see the brand grow beyond its Sydney and Melbourne foothold.
Fruit Ninja developer Halfbrick swoops for animation studio
7:08PM | Monday, 18 July 2011 | Oliver MilmanAdelaide-based animation studio the People’s Republic of Animation has been partially acquired by Halfbrick, the developer behind the popular Fruit Ninja iPhone game.
Review your forms
7:56PM | Monday, 18 July 2011 | TaskmasterThe start of the new financial year provides an opportunity for entrepreneurs to take a good look at the way they do business. One particular area to focus on – paperwork!
KFC operator Collins Foods set to float
7:58PM | Friday, 15 July 2011 | Michelle HammondFranchise operator Collins Foods, operator of KFC outlets in Queensland, will join the Australian Securities Exchange next month with a capitalisation of about $235 million.
Tapping into the rural digital economy
7:19PM | Friday, 15 July 2011 | Michelle HammondMilking cows isn’t an obvious path to website design but entrepreneur Tim Gentle says moving to a rural area proved to be the perfect way to tap into a niche online market.
Hard Rock Cafe set for Australian expansion drive
7:45PM | Thursday, 14 July 2011 | Michelle HammondHard Rock Australia has outlined franchise expansion plans for Australian cities but an industry expert warns that the revived chain will struggle to resonate with cost conscious consumers.
Foursquare deal with LivingSocial set to boost retailers
7:20PM | Thursday, 14 July 2011 | Michelle HammondLocation-based social networking site Foursquare has partnered with American Express to distribute coupons on behalf of five major group-buying companies, including LivingSocial.
Finding your growth ally
7:09PM | Wednesday, 13 July 2011 | Marc PeskettBusinesses looking to upscale should consider forming a business alliance as an alternative growth strategy.
Baskin-Robbins targets regional towns in growth spurt
7:48PM | Tuesday, 12 July 2011 | Michelle HammondIce cream franchise Baskin-Robbins has flagged regional areas across Queensland, NSW and WA as the focus of its next growth phase, ramping up its recruitment drive for franchisees.
Carosa ponders dual listing for Future Capital
7:38PM | Tuesday, 12 July 2011 | Michelle HammondSerial entrepreneur Domenic Carosa says he’s considering a dual listing in Australia and the United States or the United Kingdom.
