📚 Book of the Week 📚
In his debut book, @Sturollo offers a new historical interpretation of America’s involvement in the Asia-Pacific region.
📝Read our review of ‘Terminus’ here: https://t.co/UiAEvpViaS
10 x Australian Open 🇦🇺
3 x Roland-Garros 🇫🇷
7 x Wimbledon 🇬🇧
4 x US Open 🇺🇸
7 x ATP Finals 🏆
8 x year-end No.1s 🤝
2 x Career Golden Masters✌️
1 x Davis Cup 🇷🇸
428 weeks at No.1 (most ever)☝️
1 x Olympics Gold Medal 🥇
Novak Djokovic has completed tennis.
#Paris2024 #Olympics #Tennis
Congratulations to the new owner of this piece of the Lakemba dream with a single bathroom after having to come up with an extra $260k on top of the sale price of his French Chateau on 7.42 hectares of land to cover the purchase and stamp duty
We celebrate every birthday, but some are more special than others. Everyone remembers their milestones: their 18th, 21st, 30th, or for some of us, our 40th (and beyond) birthdays. This is a special one for us: today @Kogan turns 18 years old and we’ve been celebrating all week. We’ve made it out of our teenage years into eCommerce ‘adulthood’!
We’re doing a lot of things to celebrate, including a huge sale to help our customers live their best lives.
We jump out of bed every morning to deliver remarkable value to you, our customers.
Back when @Kogan was hatched in a run-down suburban Melbourne garage in 2006, barely anyone in Australia shopped online. They said we were crazy for believing eCommerce was the way of the future. We put our blinkers on, acted with conviction, and persevered. We built, and showed everyone how online shopping delivers convenience and great value.
Now, we can’t imagine our lives without online shopping. Even with the huge changes in the past 18 years, we’re just getting started, we’ve only scratched the surface of what’s possible. eCommerce penetration in Australia and New Zealand is just a fraction of what it is in more developed markets.
The most exciting thing is that we aren’t just riding the wave of this trend. We’re defining it:
- Creating, acquiring, and investing in new brands
- Delivering remarkable value in essential services like Kogan Mobile, Kogan Energy, Kogan Internet, Kogan Money, and more
- Expanding into New Zealand in a big way
- Expanding our Exclusive Brands and products
- Bringing you tens of millions of items through the Kogan Marketplace
- Launching an advertising platform to help Marketplace sellers reach more customers
- Creating a world-class loyalty program for our Kogan FIRST members
- & so much more
Our team’s mantra is “there is always a better way”. We have a long way to go, and this makes us very excited. Thank you all for your loyalty, it’s very humbling and we work hard to reward it with remarkable value.
Today we announced our results for the first half of the 2024 financial year, and I'm proud of what the Kogan Group team has achieved.
The first and most important update is around the transformation of our business model. @Kogan was launched almost 18 years ago from a suburban Melbourne garage and was all about first-party, inventory-based sales. Today, we're a much more diverse business delivering remarkable value to millions of shoppers across a wide range of the most in-demand products and services.
Over 60% of our Sales are now Platform-based meaning it's from products sold through Marketplace, Kogan Mobile, Internet, and other verticals, the new Kogan Advertising Platform, Kogan FIRST, and much more. All of these represent exceptional value to our loyal customers. It makes us a better business, and allows us to invest in giving you even better deals. It's always a beautiful dynamic when a business can grow its margins while providing customers with better prices and more choice!
It's early days but we're starting to see the strategy pay dividends. In today's earnings update we also talked about:
- The launch of the first Mighty Ape vertical, Mighty Mobile
- The opening of a Christchurch warehouse, to better serve our South Island Kiwi customers
- The launch of Kogan Advertising Platform, to help sellers reach more customers
- Our community of loyal Kogan FIRST subscribers growing to 466,000 people
While our business transformation to a more efficient, platform and software based model is in its early days, it's promising to see some green shoots appear.
@Kogan is about to turn 18 and structurally our business is the best it's ever been and well set up to continue delivering more and more remarkable value. Thank you to our teams who continue to obsess over making the most in-demand products available to all, and to our millions of customers who we are honoured to serve.
Shares in online retailer https://t.co/2D3tg4hINs soar as the group pays out a dividend for the first time in three years, and returns to profit. https://t.co/BMD6m8gnys
.@Kogan shares surge 22 pct after return to profit & dividend counters concern over falling revenues... https://t.co/VbdNw6HesD #retail#ecommerce $KGN
Tip @Techmeme Relevance AI raises $10M from Insight Partners, King River Capital, Peak XV's Surge, and Galileo Ventures to help companies scale their AI workforce
https://t.co/YaNvcMjUk2
Too tough to die 💪
The moment @DjokerNole locked up his record 39th Masters title in THE MOST DRAMATIC fashion, 5-7 7-6 7-6 over Carlos Alcaraz #CincyTennis