eCommerceNews US - Technology news for digital commerce decision-makers

Stories by Pattrick

Rod drury

Xero to double turnover to $200M this year, says CEO Rod Drury

Thu, 23rd Jul 2015
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fintech
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financial systems
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xero
New Zealand accounting software pioneer Xero expects to double global revenue to more than $200 million in the year to March 2016.
Orion health

Orion Health reports $61M full-year loss, beats prospectus on recurring revenue

Tue, 26th May 2015
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partner programmes
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healthtech
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orion health
Healthcare system software developer Orion Health reported a $60.8 million loss in line with its strategy to grow revenues before becoming profitable.
Xero

Xero changes recruitment tactics as unsuitable US head, CFO depart, Drury says

Fri, 1st May 2015
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fintech
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financial systems
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xero
Xero boss Rod Drury says the accounting software developer has changed its tactics for hiring senior executives after the departure of a US chief exec.
Down

Xero shares extend decline, as investors digest FY, US CFO departure

Wed, 29th Apr 2015
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fintech
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financial systems
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xero
Shares of cloud-based accounting software firm Xero have dropped to the lowest level as investors digest sudden departure of another US-based exec.
A2

A2 Milk debuts on ASX, announces mid-April US launch

Tue, 31st Mar 2015
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nzx
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shares
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a2 milk co
A2 Milk Co, the milk marketing company, will launch into the United States from mid-April, with a range of half-gallon fresh milk cartons in supermark.
Fallback

Kiwi start-up Glassjar launches payments app in the US

Fri, 6th Mar 2015
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apps
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glassjar
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nato
Glassjar, the kiwi software start-up whose app provides people an easy way of sharing bills, has launched in the United States.
Electricity

Vector chair Stiassny calls for regulatory change to incentivise electricity innovation

Thu, 5th Mar 2015
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datacentre infrastructure
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power / energy
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vector
Michael Stiassny, chairman of Auckland lines company Vector, says current regulation doesn't incentivise the electricity sector to foster new technolo.
Gettyimages 462754687

Winemaker Delegat says increased sales due to North American consumers trading up

Fri, 27th Feb 2015
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delegat
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wine
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managing director
Consumers trading up to premium wine and an improved economy is behind a 19 percent boost in North American sales to 425,000 cases.
Dele

Winemaker Delegat posts 45% drop in 1H profit despite rising sales

Fri, 27th Feb 2015
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nzx
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delegat
Delegat Group, New Zealand's largest listed wine company, has posted a 45 per cent drop in first-half profit, mainly caused by a $10.
Vista

Vista annual profit falls less than forecast as sales climb 55%

Fri, 27th Feb 2015
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nzx
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vista group
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acquisition
Vista Group International, the cinema software and analytics company, reported a smaller drop in annual profit than forecast in last year's offer docu.
Xero

Breaking news: Xero shares jump 21% after $147 million investment

Wed, 25th Feb 2015
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fintech
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financial systems
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xero
Xero's share price soars to a new high with a $147m boost from US investors, signalling strong future growth and new leadership in North America.
Fallback

MARKET CLOSE: NZ shares rise led by Air NZ on falling fuel costs; SkyCity gains on 1H

Thu, 12th Feb 2015
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air new zealand
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skycity
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partners
NZX buoyed by Air NZ's surge on falling oil costs while SkyCity's 1H report further lifts spirits despite mixed casino results.
Fallback

Vista agrees to buy US-based Ticketsoft, extending North American footprint

Wed, 11th Feb 2015
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data analytics
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martech
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commerce systems
Vista Group International, the cinema software and analytics company, has conditionally agreed to acquire Ticketsoft, a Dallas, Texas-based company.
Fallback

TPP talks could be wrapped up in first-half of 2015, Key says

Wed, 28th Jan 2015
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trans-pacific partnership
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partners
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tariffs
Prime Minister John Key says the Trans-Pacific Partnership negotiations could be wrapped up in the next six months and put in front of the various.
Fallback

MARKET CLOSE: NZ shares join global rally; Trade Me, Kiwi Property advance

Sat, 10th Jan 2015
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trade me
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fletcher building
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a2 milk co
New Zealand shares rose, paced by Trade Me Group and Kiwi Property Group, joining a global rally on speculation US interest rates will remain low.
Fallback

Wellington airport snares new Fiji short-haul route

Mon, 15th Dec 2014
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wellington city council
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environmental protection authority
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market growth
Fiji Airways, the Pacific nation's national airline, will launch direct flights between Wellington and Nadi from June next year as it looks to exte.
Fallback

Michael Hill knuckles down on North American market, CEO Parsell says

Thu, 4th Dec 2014
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shares
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strategy
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sales
Michael Hill International, the jewellery retailer named for its founder, is bedding in a strategy to gain traction in North America, which it even.
Fallback

Delegat's to push into China next year as part of global wine brand expansion

Tue, 2nd Dec 2014
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shareholders
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revenue
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managing director
Delegat's Group, the listed winemaker, plans to put a toehold in China next year as part of a long-term goal of boosting overall sales by 52 percen.
Fallback

Xero widens first-half loss, concedes US did not execute to plan

Thu, 20th Nov 2014
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fintech
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financial systems
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xero
Xero, the cloud-based accounting software firm, widened its first-half loss after spending more on staff and marketing.
Fallback

Moa 1H loss widens following restructuring, sales jump 71%

Wed, 19th Nov 2014
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moa group
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woolworths
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revenue
Moa Group posted a wider first-half loss after the unprofitable boutique beer maker restructured its fledgling business and changed distribution an.