unauthorised investment advice report out this morning
Tech: Collaborate’s car-subscription biz scores landmark Hyundai deal, shares accelerate
Digital market platform Collaborate (ASX:CL8) has scored a win with Carly, its online car-subscription business.The company has inked a distribution agreement with #10 global carmaker Hyundai, allowing customers to sign up to Carly subscription vehicles via Hyundai’s national dealer network.Its a landmark deal in the nascent car-subscription market in the sense that Hyundai is the first vehicle manufacturer in Australia to throw its support behind a subscription business.Investors cheered the initial announcement, send CL8 shares almost 90 per cent higher in morning trade:
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- Ann: Further information on Hyundai agreement for Carly
unauthorised investment advice report out this morningTech: Collaborate’s...
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