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IRX - irexchange Limited

Discussion in 'Stocks I-P' started by System, Jan 28, 2019.

  1. System

    System Administrator

    Likes Received:
    Jun 27, 2010
    irexchange is a disruptive technology platform and business model that enables retailers and suppliers to trade efficiently transparently, lowering operating costs and enabling fulfilment through an efficient, technology-driven digital market place supply chain platform. Since December 2016, irexchange has grown its customer base to over 600 independent retailers

    The irexchange platform and distribution model changes the relationship between retailers and suppliers by removing costs of conventional wholesalers and providing price transparency to both retailers and suppliers across a wide range popular stock keeping units (SKUs) in multiple segments in the grocery, frozen, produce and liquor sectors.

    irexchange's growth strategy seeks to increase the volume of orders from existing customers currently using the irexchange platform on a regular basis, expand into other sectors, and eventually expand into other channels and geographies.

    It is anticipated that IRX will list on the ASX during February 2019.

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