With $50 million in revenue, Freelancer.com, started in 2009 by Matt Barrie and stationed in Sydney, has overtaken its competition to be the go-to place for businesses to find top notch freelance contractors and for those contractors to find work.
Recently, the website made headlines for expanding its innovative crowdsourcing contest feature beyond design categories to include projects in any category.
Garnering 30 million site visits and over 250 million page views since its launch in 2008 by Justin Cameron and Lex Pederson, SurfStitch, an online retailer that specialises in surf gear that is headquartered on the Gold Coast, is one of Australia’s most highly trafficked eCommerce sites and has pulled in $30 million in revenue for the company.
As Australia continues to roll out its $38 billion National Broadband Network, which will bring high-speed internet to almost all the 23 million population of the country, some government higher ups are predicting a boom in online and high tech businesses.
“As the rollout of the NBN continues, the capacity for start-up companies, particularly in the tech and digital sectors, to create game-changing businesses and applications is unprecedented,” said Communications Minister Stephen Conroy, recently.
Currently, online and high-tech start-ups only account for about 0.1% of GDP and 9,500 jobs. But the sector is growing rapidly and a recent report by PricewaterhouseCoopers (PWC) suggests it could account for 4% of GDP and 540,000 jobs by 2033.
The rise of young startups has seen them start to populate the ranks of the Business Review Weekly Young Rich List, which ranks the wealthiest people in the country under 41.
The list includes 24 tech and online startup company founders, including: software entrepreneurs Mike Cannon-Brookes and Scott Farquhar at the top; PC Tools founder Simon Clausen at No. 4; serial entrepreneur specialising in online retail sites Ruslan Kogan at No. 8; Bigcommerce founders Mitchell Harper and Eddie Machaalani at No. 10; and freelancer.com founder Matt Barrie at No. 50.
To read more on this story, click here.
Founded in 2006 by Ruslan Kogen and headquartered in Melbourne, Kogan Technologies is an Australian consumer electronics manufacturer and retailer.
The company’s business model is to sell products direct from Asia to customers in Australia and the United Kingdom, bypassing the industry’s usual middlemen.
Kogan Technologies’ 2012 revenue was $100 million.
James van Rooyen and Jonathon Allara are two Australian entrepreneurs who started a bike hire company that has become one of the seven top selling bike companies in Australia. Van Rooyen who had a job in marketing, and Allara who was an accountant found out about the power of ecommerce and how it can transform their business into a successful one. They have started with a $16000 and setup Manly Bike Tours. Now, their company is selling over 5000 bikes a year, they have 13 staff, and makes a revenue of $3 million a year.
To read more about this article please click the following link: http://www.smh.com.au/small-business/growing/online-bike-venture-riding-high-20130527-2n695.html
WooThemes team has announced the launch of 6 new WooCommerce extensions, 4 of them are payment gateways, such as PayUTurkey which is a Turkish payment gateway. These extensions are as follows:
There is also an update to Product-Add Ons 2.0 & CSV Import Suite 1.3.
You can read the full article at: http://www.woothemes.com/2013/05/6-new-woocommerce-extensions-and-updates-to-2-old-favorites/
According to an article published at the Sydney herald Newspaper, the business-to-consumer e-commerce has passed a trillion US dollars in a single year for the first time. In 2012, more than 10 million people, or almost 50% of the population, had bought something online, spending an average of $3,547 per person.
What is more interesting about this news is that the average expenditure per online buyer in Australia is higher than in the US and the UK by 54 per cent. It is also expected that the average expenditure per online buyer for Australia will grow by 7.2 per cent this year.
This means that the physical stores are definitely going to be affected by this change, it is the time for online stores to dominate the market.
WooCommerce Suerstore theme is an eCommerce theme with a mobile and tablet friendly adaptive layout and a variety of unique features.
You can read more at http://www.wplocker.com/themes/woothemes/298-superstore-v10-woothemes-wordpress-theme.html#.UXo7K7WfiSB
