Monday, 16 February 2009

Trade Mobile on a growth path – New Zealand

Two years ago, Trade Mobile launched an online portal, voeveo.com, for the purchase of songs, games and ringtones, direct from content producers. Currently, the portal attracts around 40,000 visitors every month and Trade Mobile receives a 30% commission on the sale of 60,000 digital files uploaded by content providers. Trade Mobile has started receiving various contracts including an invitation from Virgin Mobile to develop a portal. The company has secured a GBP 1.5 million (USD 2.15 million) deal from the London Technology Fund for developing a London base for its business in Britain, Europe and the US.

Black & White will be one of the first customers for Trade Mobile when it launches a rebranded version of Voeveo to its subscribers in two weeks.