UK 21:43 Sunday, 25 October 2026
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Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I have long been a fan of Cloudbuy (CBUY) – an interesting idea looks set to go places. Operating in the B2B arena, Cloudbuy has developed a platform for B2B sales – think of it as a kind of Ebay for business and you get the picture.
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Comments
Hamidahamida
RONALD DUNCAN LIKES TO BS INVESTORS AND GET A PLACING GOING ON THE BACK OF CLEVERLY WORDED RNS, THE ONLY THING MR DUNCAN’S RNS’S ARE GOOD AT DELIVERING DANGLING CARROTS & PLACINGS, PLACINGS & PLACINGS….
Look guys 2 years in to this rns still NO JAM and RD clearly said they can potentially earn up £72 million a year.
Embargoed for 7am release 2 September 2011
@UK PLC
AGM & Launch of new Schools eMarketplace
The Schools Ecommerce Marketplace allows schools to purchase from suppliers and parents to pay the school on a single ecommerce system reducing costs to the school whilst at the same time saving children carrying cash into schools which is one of the causes of bullying.
The schools sector will be the first sector to have a carbon neutral supply chain, since all the goods and services provided via the Schools Ecommerce Marketplace will be carbon neutral, with the funds from offsetting being used to fund school carbon reduction projects.
The potential market size of the Schools Ecommerce Marketplace is GBP72 million per annum. @UK can support the Schools Ecommerce Marketplace using its existing infrastructure and software, so that any revenues generated from schools will positively impact the Company’s profitability, and have higher margins than the current 70%.
The pre-launch marketing undertaken has gone well with over 10 major school suppliers representing 20 major school brands signed up in the past 2 days. There are currently 3,000 schools already on the @UK Ecommerce Marketplace, representing approximately 10 percent of the market. The focus now is on increasing the number of schools and moving out from the major suppliers to the entire supply base. Previous analysis by the Company of a single county showed approximately 6,000 significant school suppliers for 600 schools. The directors’ extrapolation is that the supplier base is likely to be some 300,000 suppliers.
There are a range of fees to suppliers from pay-as-you-go, or annual subscription fees with prices ranging from hundreds of pounds to tens of thousands per year for enterprise ecommerce. Pay-as-you-go generates more revenue to @UK than the annual subscription model where there are no transaction charges. However the estimated supply side market potential for schools 300,000 suppliers at the lower rate of GBP200 per supplier is GBP60 million per annum. (SO HOW MANY DID THEY SIGN UP)
Saint Allard
The jury is out on Cloudbuy but interesting developments including the analytics software licensed to Tungsten which has floored many CFO’s multinationals with its enviable live capabilities over existing post event solutions.