The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Shows sector strength
https://www.lse.co.uk/rns/W7L/results-for-the-year-ended-31-december-2022-q0gbejqixr13wq4.html
Vivek Ganotra, CEO of THG Ingenuity, said: “We are excited to announce our strategic discussions with BigCommerce. We believe that all brands should be able to create and implement digital commerce strategies. By combining THG Ingenuity and BigCommerce’s extensive experience and capabilities we can help brands to establish themselves in the global market.”
Russell Klein, chief commercial officer of BigCommerce, said: “BigCommerce is committed to providing merchants access to the most innovative technologies and service providers available in the industry. We look forward to working with Ingenuity to help merchants scale internationally, grow faster and maximise success.”
From THG website tonight but not posted any where else as far as I can see.
THG Ingenuity, the complete commerce division of THG plc, has announced its intention to form a new strategic commercial alliance with BigCommerce (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands.
The alliance would see collaboration from the two ecommerce powerhouses to develop a solution that aims to give brands the opportunity to utilise BigCommerce’s trusted enterprise ecommerce platform alongside THG Ingenuity’s extensive proprietary back-end commerce capabilities including order management, fraud and customer services solutions, automation including Autostore and global courier platform. Together THG Ingenuity and BigCommerce intend to develop a solution that will enable brands to create and implement flexible and frictionless customer journeys that can be scaled in line with business goals and global growth ambitions.
Through this alliance, THG Ingenuity and BigCommerce could complement their strengths in capabilities and geographic reach, giving brands the widest breadth and depth of capabilities.
THG Ingenuity and BigCommerce are also actively engaged in talks about potential further collaboration, including combining industry-leading solutions from THG Ingenuity and BigCommerce platforms to further extend each offering, as well as enhancing omnichannel selling via leading feed management solution Feedonomics.
Scroll down to Amazon
Dezpite having revenue of $1.6 billion in 1999,Amazon
still managed to lose $719 million.Things didn't get better in 2000
when it was found that Amazon only had $350 million cash at hand
despite raising Billions of dollars
Jeff Bezos finally turned a profit nine years after being founded and seven years
after going public
https://www.inc.com/drew-hendricks/5-successful-companies-that-didn-8217-t-make-a-dollar-for-5-years.html#:~:text=Jeff%20Bezos%20finally%20turned%20a,and%20closing%20some%20distribution%20centers.
Good of th Maik to add
Analysts at Liberum hiked their rating on the stock to ‘buy’ yesterday, highlighting ‘just how cheap the shares are’.
It gave THG shares a target price of 220p, well above current levels but less than half its value when it listed
I would not be too sureof an Rns not appearing
tomorrow,if you go to the link I have attachex and
Click on the 6th o March it gives a date of 5th of April for
publication so long as Qbt have not withdrawn the
application-so clearly Qbt would kmow it was gping
to be published on the 5th of April zs they would
know they had not withdrawn the application
https://www.ipo.gov.uk/p-ipsum/Case/PublicationNumber/GB2611321
From this guy-seems pretty clued up on
oilfield technologies
https://twitter.com/GeodesRock49?t=T77TVys_VxK_V0jw7ofQzw&s=09
https://ww.fashionnetwork.com/news/Thg-ingenuity-inks-maximo-group-partnership-deal,1504038.html
had to say in 2021
https://ww.fashionnetwork.com/news/Matalan-thg-tech-link-will-transform-customer-experience-,1363503.html