GrabOne collapse leaves $16.5m owed to creditors

(Image: Supplied)

Fri, 24 Oct 2025

Failed daily deal website GrabOne owes creditors more than $16.5 million, according to the first liquidator’s report.Global Marketplace New Zealand Limited, which operated GrabOne, went into liquidation last week due to “funding constraints”.The move left both businesses and customers holding onto vouchers out of pocket.But the first liquidator’s report also reveals that Inland Revenue and staff are among those owed money.Liquidators Daniel Stoneman and Neale Jackson of Calibre Partners said most of the money owed is $9....

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