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Woolworths buys MyDeal stake as it takes on Amazon, Kogan, Catch

Market analysts have questioned retail giant Woolworths’ acquisition of online marketplace MyDeal, invoking the company’s past failures with hardware chain Masters.

MyDeal swooped up in $243 million acquisition play

MyDeal swooped up in $243 million acquisition play
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Woolworths goes up against Amazon, Kogan with $250m MyDeal acquisition

Woolworths has bought an 80 per cent stake in online marketplace MyDeal as it looks to compete with the likes of Kogan, Amazon and Catch.

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