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Mike Abbott

Mike Abbott is the co-founder and chief executive of Kaddy Australia, a B2B marketplace platform for the beverage industry which was acquired by DW8 (

B2B booze marketplace Kaddy acquired by WineDepot in $34 million deal

B2B alcohol marketplace Kaddy has been acquired by WineDepot, for a total consideration of $34.25 million. Here's why the deal made sense.

Digital Wine Ventures acquires Kaddy marketplace, raising equity

Digital Wine Ventures is acquiring local wholesale beverage digital marketplace Kaddy for $34.25 million.

PEAK ASSET: ARVO WRAP 10 AUGUST: ASX marches to new high as earnings results impress | Digital Wine Ventures reports strong July performance across WineDepot business | China shares fall on cenbank's prudent policy assurance; HK gains |

    10 August, 2021 Raise your hand if you bought the last crypto dip!Things have certainly been looking

ASX Tech Stocks: Stadium software player MSL Solutions (ASX:MSL) jumps 12.5% backed by impressive partnerships

ASX Tech Stocks: Stadium software player MSL Solutions (ASX:MSL) jumps 12.5% backed by impressive partnerships Tech share clipboard Sports and hospitality software provider MSL Solutions (ASX:MSL) leads the ASX tech stocks today, up 12.5% off the back of its June quarterly. The company basically helps stadium operators manage workforces and see analytics in real time and it looks like its services are in demand – with major contract wins over the quarter including the Doshii Partnership, ASM Global UK and with RAC Arena Perth. Plus, after the quarters’ end MSL signed a three-year contract with Manchester City FC owner, City Football Group, to deploy POS solutions across two stadiums in Manchester.

PEAK ASSET: ARVO WRAP 19 JULY: ASX closes 0.9% lower, materials and energy drag | Digital Wine Ventures to acquire Parton Wine Group as nationwide rollout continues | Financials weigh down China shares, tech slump hits Hang Seng

WineDepot Market poised to disrupt wine distribution

June In Review: FY21 Closes With Eleventh Monthly Gain

10:27 AM Gains for the technology sector spurred a 2.3% rise for the ASX200 in June, the eleventh month of gains for a financial year that returned 27.8%. -The ASX200 climbed 2.3% during June and the FY21 total return was 27.8% -In June Technology was the best sector while Financials dragged -Over FY21 Consumer Discretionary was strongest as Value outpaced Growth -The average return for the major banks was 52% in FY21 -FY21 commodity prices jumped on average 55% -Stock and sector picks for the new financial year By Mark Woodruff Australian stocks rose 2.3% in June, lifting the ASX200 total return in FY21 to 27.8%, the strongest increase since the 28.7% return in 2006.

PEAK ASSET: AFTERNOON WRAP 03 MAY: Big Four banks help ASX cling to narrow gain | Digital Wine Ventures teams with Earlypay to launch BNPL service for businesses | Indian shares weighed down by Reliance, virus worries |

    03 May, 2021 What's your take on crypto?Ethereum today crossed the $3k mark and has quadrupled i

Why is the Digital Wine (ASX:DW8) share price tumbling despite strong results?

The Digital Wine (ASX: DW8) share price is down 5% today despite the company's WINEDEPOT business posting strong yearly and monthly gains.