Kogan to raise $115 million as it hunts for new acquisitions

, and the digital assets of electronics retailer Dick Smith, which it snapped up for $2.6 million in 2016.With numerous businesses struggling in the wake of the coronavirus pandemic, Kogan told shareholders there were "multiple opportunities" presenting themselves, but the business would focus on acquisitions which expanded Kogan's customer base or broadened its offering.

"We are now in a better position than ever to take advantage of growth opportunities. Our low cost of doing business and digital expertise have put us in the driver’s seat to capture market share as the retail industry undergoes significant change."

domp That’s nice. Assume with all that profit they will put some back into the community that’s doing it tough eh and not just let fund managers make a buck ?

domp investors disqualified my advice because i got no knowledge about life but in six months when spam stops short sellers be rich and institutions might cry suemitchellafr will say told you so ruslankogan why i paid 65 times PE when no marketing expense Yo amazon domprice

domp & how 'bout those quality problems of the products Kogan imports to sell here? How long DOES a Kogan flat screen last?

domp

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