One day after a staggering 50% fall in its share price, the luxury ecommerce platform is facing fresh questions about the high fees it pays to merchants.
Jack Derwin
Markets and finance correspondent
Jack has worked as a business reporter for the better part of a decade, filing from Mexico, Spain, New Zealand and the Pacific. He has previously reported for The Asahi Shimbun, the second largest newspaper in the world, Business Insider and 7News amongst others.
Contact Jack via email or Signal.
Online fashion retailer Cettire lost half its market value today after an earnings downgrade. It's vindication for the sceptics who have raised a multitude of concerns about the company.
There were many winners from Guzman y Gomez's IPO today, not least TDM Growth Partners, which saw its stake hit more than $800 million on paper after shares soared on debut.
After intense scrutiny around its valuation, Guzman y Gomez is now a public company and its stock is rising.
A controversial gas explorer with plans to frack in the NT's Beetaloo Basin and backed by top brokers is emerging as the next big ASX target for activists.
Everyone may soon be driving electric vehicles but that doesn’t negate the value of oil and petrol stations in the eye of these investors.
The ACCC has raised a number of preliminary concerns about Chemist Warehouse’s $8 billion reverse merger into Sigma Healthcare. But dealmakers involved insist they were bracing for worse.
It’s the most watched and perhaps most polarising IPO on the ASX in years but Guzman y Gomez's investors are happy to pay a premium for a local growth story.
One of the architects of the ASX's growth strategy now wants to transform the sleepy NSX into viable player. But to succeed, he will need to overcome some significant obstacles.
The market regulator has warned it will investigate any breaches of disclosure obligations after a brazen leak led to a big share price swing on the ASX.
Many of the most successful investment firms are led by two dominant figures. What happens when a partnership collapses?
Phil King has joined the wave of investors hurtling into one of the hottest asset classes in finance.
The listing of Guzman y Gomez is the culmination of 18 years of hard work for founder Steven Marks and the professional team behind him.
LICs may have helped destabilise hedge fund VGI but they've found many supporters on both the manager and investor side of the market.
The circa $10 billion Brisbane fundie says market risks are leaning towards the downside as it looks for value the rest of the market has missed.
After a painfully slow 12 months, dealmakers expect their fortunes are finally turning around as markets shake out.
Known as much for its phenomenal success as its sudden demise, Rob Luciano's VGI Partners is officially no more. But the hedge fund's legacy lives on with a wave of alumni now gaining increased attention in the market.
Fund manager Allan Gray has called for the property giant to cull 75% of its corporate staff and shutter its Americas, Asia and Europe developments as part of an ongoing activist campaign.
WiseTech Global founder Richard White claims he was imitated three times last week alone in an extortion attempt on his tech company.
It is one of the great Aussie success stories, so why has no rival managed to disrupt Pro Medicus?
Samuel Terry and Sandon Capital have shot down a last minute appeal from Karoon Energy as shareholders prepare to cast their votes.
An ambitious Sydney market infrastructure provider is looking to capitalise on the ASX’s mistakes and shatter its monopoly in clearing and settlement.
Behind the headline stories that emerged from Macquarie’s investment conference, there were a string of telling moments that were easy to miss.
The deal, struck within ten weeks of Tigerlily entering administration, is expected to see Seafolly relaunch the brand early next year.
Dual listings have helped the local exchange smooth out a tough few years for initial public offerings amid rising competition from private equity and rival exchanges.
In a rare appearance, Cetitre’s ultra-elusive founder Dean Mintz has laid out his plan to work with brands – not against them – as the business matures.
The Afterpay parent company is reeling from a wave of fresh accusations from a whistleblower in the US, but former employees say its compliance problems are long running.
As startups look to list overseas and market concentration creeps in, Canada's TSX and America's CBOE are finding new ways to court the next generation of Australian companies.
The voice software platform has stuck by its management team even as it revealed it spent more than $1 million investigating the alleged misappropriation of company funds.
TMS likes to buy and hold. Up to 70% of its portfolio is made up of picks it made when it was established two decades ago - including CSL, Soul Patts and Brickworks.
Most of the big four banks will actually be financing more CO2 emissions in 2030 than they do today courtesy of loopholes in their fossil fuel exclusion policies.
It has become the biggest battleground stock on the ASX. But far away from the markets, there is a growing view in the fashion industry that Cettire could become a victim of its own success.
A new probe from ASIC — and a recent win in the Federal Court — show how the emboldened regulator is taking on the financial services industry.
Australia’s hottest defence stock is capitalising on its soaring share price to raise fresh cash, but there are concerns it may have overshot its fundamentals.
Compliance experts are calling for an opaque feature of Australia's financial services industry allowing smaller players to rent key regulatory licences to be reformed.
The broker's 35 million global investors will have an increasing say in the direction of ASX companies, with its managing director laying down the gauntlet for super funds.
