Click Central closes after strategic review2 min read
Australian on the web marketplace Click on Central closed on Friday as its entrepreneurs resolved to redirect assets to its other on-line platforms.
Nathan Brown, CEO of the site’s mother or father Global Marketplace (GMP), advised Inside Retail the company wished to refocus its resources and expenditure on the GrabOne market system it owns in New Zealand.
Simply click Central was launched in June previous yr as a spinoff of GMP’s Simply click Frenzy, a offers-oriented web site that proceeds to work in Australia. 4 months later GMP acquired the recognized New Zealand market GrabOne.
“Following a strategic evaluate, GMP will consolidate its resources and future financial commitment into one market platform – GrabOne,” said Brown.
“GrabOne is not stay in Australia but … but it has synergies we intend to examine for the Australian sector.”
The web page introduced with far more than 120,000 merchandise spanning way of life categories, all explained by the corporation at the time as products and solutions personalized to accommodate prospects throughout the 12 months, sourced from recognised brands from Australia and abroad. Items from a number of suppliers could be bought in a solitary cart and transaction.
He said Simply click Frenzy would carry on to operate as it normally has as its individual entity as part of the Worldwide Market team. “It is not impacted by the order of GrabOne or the divestment of Click Central.”
GMP also owns Electrical power Retail, which provides e-commerce intelligence instruments for on-line suppliers and suppliers.