Edutech startup Prosper Education raises £2 million to grow RoyalABC platform in China

Sydney edutech startup Prosper Education has raised £2 million [AUD$3.57 million] from private investors in the UK. Founded in 2014, Prosper has developed RoyalABC, a ‘language learning ecosystem’ based on a Cambridge English curriculum that looks to teach children British English. The platform blends online and classroom learning for students, while also providing teachers a digital platform … Read more

Lord Mayor of London praises Australia’s “flourishing” fintech scene, plugs support for new ‘bridge’

In a rare visit to Australia last week, the Lord Mayor of London, Alderman Charles Bowman, expressed his full support for the upcoming fintech ‘bridge’ between Australia and UK and praised the local fintech scene as being almost on par with renowned fintech hub London. Speaking to a packed room at co-working and tech startup … Read more

Is this the end of the road for Myer?

Things are in free-fall at Myer, Australia’s largest department store chain, with chief executive Richard Umbers resigning abruptly on Wednesday and retail analyst Brian Walker saying “in its current configuration Myer cannot be saved”. Just days after the company’s third profit downgrade in seven months, the share price, around 54 cents, is barely 14% of the $4.10 share … Read more

Business Studio lunch box forum: How State Library can help you get ahead [EVENT]

Date: Wednesday 28 February 2018 Time: 12.30pm–1.15pm Where:  Business Studio, level 1, State Library of Queensland Did you know you can gather competitive intelligence and market research data using SLQ’s resources? In this session learn tips and inside information to help grow your business. This lunchbox forum will be presented by librarians Will Wood and … Read more

Multibillion-dollar cosmetics brand Avon is exiting Australia: Did it fail to shake the “housewife” vibe?

Global cosmetics selling giant Avon will exit the Australia and New Zealand markets by the end of 2018, with the $5.7 billion company highlighting in its fourth-quarter sales report yesterday that there is no “long term path to profitability” Down Under. The direct-selling makeup company, which has long relied on representatives to facilitate orders for … Read more


Australia’s first hardware incubator launches in Brisbane, next week, with the entrepreneur at its helm promising resource-intensive startups efficient and affordable access to equipment that will streamline the development and commercialisation of ground-breaking products. Arc Hardware Incubator is being delivered by Vektor Innovation whose CEO, Victor Vicario, told Dynamic Business that early-stage hardware ventures can get derailed at … Read more