Christchurch startup Vxt gets $600,000 in first capital raise
News in Brief

Christchurch startup Vxt gets $600,000 in first capital raise

Vxt, an app that converts voicemails into text, has received $600,000 in investment after its first capital raise. The Christchurch company has already launched the app in Australia, the US, UK, and Canada.Adrian Pike, Founder of Rafferty’s Garden, Robert Rolls, CFO of Umbrellar...

Staff reporters 29 Sep 2020
Travelpharm put into liquidation
News in Brief

Travelpharm put into liquidation

The tourism fallout continues with airport pharmacy chain Travelpharm now in liquidation.The company ran stores in Queenstown and Christchurch and had previously closed its Auckland airport outlets before putting Auckland Airport Travelpharm in liquidation.The High Court ordered...

Staff reporters 29 Sep 2020
Spark opens free 5G ‘race zone’ with Team New Zealand in Auckland
News in Brief

Spark opens free 5G ‘race zone’ with Team New Zealand in Auckland

Spark has launched a walk-through 5G installation on Auckland’s Wynyard Quarter that showcases Emirates Team New Zealand’s (ETNZ) sailing tech ahead of the America’s Cup. Free to visit and open to the public, it features several hands-on exhibits running on Spark’s 5G network inc...

Staff reporters 29 Sep 2020
Xero's NZ customers' sales rose 4%, Auckland's down 4.4%
News in Brief

Xero's NZ customers' sales rose 4%, Auckland's down 4.4%

Revenue through Xero's small business customers in New Zealand rose 4 percent in August compared with a year earlier, although sales through its Auckland customers fell 4.4 percent year-on-year and jobs were down 4.3 percent on pre-crisis figures, the accounting software prov...

Staff reporters 29 Sep 2020