Mighty Ape to launch mobile app

Mighty Ape delivered mixed results, Kogan.com says. (Image: File)

Mon, 26 Aug 2024

Australian e-commerce and services company Kogan.com plans to launch “major new initiatives” for its New Zealand segment, Mighty Ape.In its annual financial results, released on the Australian Securities Exchange (ASX) on Monday, Kogan.com said it will launch a “marketplace” as well as a mobile application. The company did not provide more detail.Much of the result was reported in a quarterly trading update in July, however, Monday’s announcement provided slightly more granularity.Gross margin rose to 27.1%&nb...

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