eBay Swipes At Amazon Over Marketplace Practices
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July 22, 2021
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Online retail giant eBay has responded to news of the ACCC’s investigation into digital marketplaces, obliquely taking a shot at Amazon over... Read More
BREAKING NEWS: ACCC Investigates Kogan, Catch, eBay & Amazon
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July 22, 2021
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Kogan has been fined several times by the Australian Competition & Consumer Commission for questionable trading practices – now the ACCC is... Read More
Kogan Continues Growth Despite Inventory Bungle
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July 21, 2021
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Kogan has hailed its fifth straight year of growth since listing on the ASX in 2016, with revenue, sales, gross profit, and... Read More
Kogan Shares Climb As The Company Regains Lost Ground
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April 28, 2021
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Kogan shares are climbing back today, after the company posted its third quarter update, and replied to questioning from the ASX. The... Read More
Overstock Headaches Eat Into Kogan Profits
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April 26, 2021
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Online retailer Kogan has seen a drop in profits despite growth across the board in sales, active customers, and revenue. While sales... Read More
Kogan Posts Record Half-Year Sales Thanks To Black Friday
eCommerce retailer Kogan reported record-breaking half-year earnings, with its blockbuster results driven by Black Friday sales. Kogan’s gross sales were up by... Read More
Demand Keeps Kogan Busy
SYDNEY: Online retail giant Kogan has reported half-yearly revenue almost doubled as demand pressure hit the business during the Black Friday and... Read More
Kogan Coughs Up $310k Spam Fine
Online retailer Kogan.com has paid a $310,800 fine for breaching the Spam Act, just a month after being slapped with a $350,000... Read More
Kogan Says Threats To Australia-China Trade Relations Don’t Scare Him
Kogan.com.au was recently fined $350,000 – a drop in the ocean for the ecommerce giant – for misleading ads for discounts, but... Read More
Kogan Fined $350k Over Dodgy Tax Time “Discounts”
The Federal Court has slugged Kogan with a $350,000 fine for misleading consumers with fake discounts in a 2018 “Tax Time” sale.... Read More
BREAKING: Kogan Buys Big Kiwi Retailer In $122.4m Trans-Tasman Push
Kogan.com has bought out major New Zealand retail site Mighty Ape for $122.4 million AUD cash, in an effort to expand its... Read More
Harvey Norman & Kogan Shares Surge After AGMs
Harvey Norman shares have surged by 5.2% after the department store giant reported its stellar results in yesterday’s Annual General Meeting. On... Read More
Kogan Sales Figures Won’t Hold Up Post Pandemic, Warns Morningstar
Kogan shares have been “materially overvalued”, a financial services firm has warned, with investors wrongly expecting the current online sales surge to... Read More
Shareholders Approve Controversial $110m Bonus For Kogan Bosses
The shareholders of online retailer Kogan.com have voted to approve a controversial $110 million bonus share grant to the company’s founder Ruslan... Read More
Kogan Powerbank Recalled Over Fire Safety Concerns
The ACCC has recalled a Kogan-branded power bank over concerns the device may catch fire during charging. The Kogan 26800 mAh Power... Read More
Kogan Executives Deserve $130m Bonus, Claims Chair
The chair of online technology retailer Greg Ridder has claimed the business founder Ruslan Kogan and finance head David Shafer more than... Read More
Aussie Supply Chains Slip, As Retail Business Soars
SYDNEY: Retailers including Harvey Norman, JB Hi-Fi and Kogan may have recorded bumper sales and profits during the coronavirus lockdown, but they’re... Read More
Ruslan Rakes It In During August
MELBOURNE: Kogan has been rustlin’ up a lot of customers as a result of Covid19 gaining the largest monthly increase of new... Read More
Kogan.com’s ‘E-commerce Revolution’, Sales Up 39.3% In FY20
Kogan.com’s sales increased by 39.3% in FY20 to hit $768.9 million, with gross profit growing at a similar rate of 39.6%, to... Read More
Kogan.com’s Profits Up 160%
Kogan.com has provided a business update for July 2020, revealing that the e-commerce retailer’s gross profit increased by more than 160% year-on-year... Read More
Kogan’s Profits More Than Double, Hits 2M Active Customers
Kogan.com has revealed that its gross profits grew by over 115% year-on-year (y-o-y) in the fourth quarter of FY20, while gross profits... Read More
Federal Court Finds Kogan Ran Misleading Sales Promo
The Federal Court has found that Kogan.com breached the Australian Consumer Law by making false and misleading representations about a tax time... Read More
Kogan Turns To Twitter Instead Of ASX
Yesterday, Ruslan Kogan, the CEO of Kogan.com, turned to Twitter to make a trading update about the online sales figures of recently... Read More
Kogan’s Share Purchase Plan Oversubscribed, Raises $20m
Kogan.com has successfully raised $20 million through its share purchase plan that was launched in June, surpassing the original target by $5... Read More
Kogan.com Successfully Raises $100 Million
Kogan.com has successfully completed the $100 million placement that it launched yesterday, at an offer price of $11.45 per share. This represented... Read More
Kogan’s Gross Sales Rise By More Than 100%
The Australian e-commerce site Kogan.com has witnessed significant growth during the COVID-19 crisis, with the retailer recording year-on-year growth of 100% in... Read More
Kogan Shares Soar To Record High
Kogan.com.au has noted unprecedented growth during the COVID-19 pandemic, and today the company’s share price soared by 5.2% to reach a record... Read More
Kogan.com Set To Move Into Homewares & Furniture With New Acquisition
Kogan.com has acquired the Australian, family-run furniture company Matt Blatt for $4.4 million. “Our acquisition of Matt Blatt gives us a springboard... Read More
Kogan Margins Squeezed Amid Record Customer Spike
E-commerce behemoth Kogan.com has announced record post-IPO monthly growth in active customers for March, whilst “successfully navigating” the operational disruptions of COVID-19.... Read More
Coronavirus: Kogan Price Gouging, Freezers $1K More Expensive Than Bing Lee
Kogan who was last week in the Federal Court defending ‘dodgy’ deals has now moved to taking advantage of the Coronavirus by... Read More
Kogan Marks 14th Birthday With High Volumes, Home Offices
Staff at Kogan’s Melbourne HQ are celebrating the company’s 14th anniversary at home due to COVID-19. Kogan is experiencing high volumes of... Read More
Kogan Tops Complaints Register
Give ‘em marks for consistency. Online retailer Kogan has reportedly topped the NSW Fair Trading complaints register in December 2019, after also... Read More
Kogan Share Price Down 7% Despite Chief Christmas Cheer
Kogan.com share price dropped by 7% following the companies Annual General Meeting where chief executive Ruslan Kogan expressed his Christmas cheer heading... Read More
Kogan Strike Back At Shonky Choice Award
Kogan has hit back at Choice for awarding the online retailer a Shonky for poor customer service in 2019, revealing a dramatic... Read More
Choice Shame Kogan And IKEA in Shonky Awards
Choice appears to have a pet hate of Kogan after once again moving to nobble the online trader in their 14th annual... Read More
Amazon Oz Sales To Crack $23bn In A Decade
According to a new report, Amazon’s Australian sales has already more than doubled this year alone and is tipped to reach around... Read More
Recession Fear: Oz Tech Shares Follow The Leaders Down – Again
Australian technology shares yesterday traded sharply lower for the second day in a row, reflecting rising fears of a global recession, kicked... Read More
Kogan Launch Credit Cards With Rewards Program
Kogan has expanded into the credit card market with the launch of its new Black Card, which can offer Australians rewards for... Read More
Realme Mobiles Oz-Bound
What is claimed to be the fastest growing smartphone brand in the world, Realme, is about to enter the Australian market. It... Read More
Kogan Co-Founders Sell Off 5% Of Shares
Kogan co-founders Ruslan Kogan and David Shafer have sold off another $30 million worth of shares in the company, reducing their ownership... Read More
Kogan Profit Up 22%, House Brand Sales Soar
Kogan.com has reported a 21.9% lift in net profit to $17.2 million, with house brand revenue soaring 41.6% year-on-year despite sluggish Australian... Read More
EXCLUSIVE: JB Hi Fi Launch New FFalcon TV Brand Made By TCL
JB Hi F is looking to grow sales in the value TV market with a brand new high specked brand called FFalcon,... Read More
Kogan Powers Up New Renewable Energy Offering
Online electronics retailer Kogan is expanding further by partnering with a New Zealand energy company to sell power and gas around Australia... Read More
Kogan Faces Federal Court Today Over ‘Fake’ Pricing Fight With ACCC
Kogan directors whose online operation Kogan.com is believed to be carrying a large amount of stock especially TV’s is set to face... Read More
Samsung & Kogan Top NSW Customer Complaints List
Major consumer electronics manufacturer Samsung has topped the NSW Fair Trading Complaints Register for April 2019, followed by local e-commerce retailer Kogan.com. Although... Read More
Bunnings Most Visited Aussie Retail Website
Hardware giant, Bunnings, was the most visited Australian retail website in Q1Y19, beating out JB Hi-Fi, Kogan.com and Harvery Norman with 40... Read More
Kogan Rockets But Advisors Bet Against The Online Retailer
Yesterday Kogan was one of the best performers on the Australian share market now they are facing new competition from Macquarie in... Read More
BREAKING NEWS: Huawei To Move Into OZ Notebook Market With MateBook X Pro
As tipped by ChannelNews, Huawei is finally going to release their stylish MateBook X Pro notebook in Australia. At an event in... Read More
BREAKING NEWS: Kogan Shares Crash 24% Margin Erosion Hurting Bottom Line
Shares in online retailer Kogan.com plunged more than 24 per cent after the Company admitted that they are facing the same margin... Read More