Australia's Aumake hits near 1-month high on NZ expansion

Xenitra

28/09/2021 05:07

** E-commerce marketplace operator  AUK.AX  rises as much as
25% to A$0.025, its highest since Sept. 1
    ** Co signs exclusive brand development deal with digital
agency Prizm Group to expand product offering to its online
marketplace platform
    ** Says Prizm has access to over 100 New Zealand brands and
the deal will help co capitalise on strong growth in New
Zealand's export product market to China  urn:newsml:reuters.com:*:nFWN2QT0PK  
    ** Co says more than 25% of its FY20 revenue was from NZ
    ** Stock sees best day since Sept 23
    ** More than 1.9 mln shares have changed hands vs the 30-day
average of about 1.2 mln shares 
    ** Stock down 69.7% YTD, as of Monday's close

 (Reporting by Jaskiran Singh in Bengaluru)
 ((jaskiran.singh@thomsonreuters.com))