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Business Briefing - “Zero to $250m in 5 years”
June 30, 2016
Come learn about the experiences of Adam Schwab, Managing Director and Founder of AussieCommerce, one of the largest e-commerce groups in Australia.
AussieCommerce is one of the largest e-commerce groups in Australia with more than 350 employees and 10 million members
This event will be kindly hosted by Cap Gemini.
Adam Schwab, 36, was a corporate lawyer specialising in mergers & acquisitions at one of Australia's largest legal firms before becoming a founding director of privately-owned corporate accommodation and services group, Living Corporate Apartments.
In 2010, Adam founded DEALS.com.au with Jeremy Same. In 2012 DEALS. com.au acquired Ouffer to form the Lux Group.
In 2013, Lux Group acquired Cudo, Luxury Escapes (previously Getaway Lounge) and The Gourmet, and in 2014 Lux Group acquired brandsExclusive from APN News & Media. In late 2014, the company acquired deals comparison website Spreets and leading New Zealand flash sales retailer Dailydo NZ.
In April 2015, AussieCommerce acquired the Australian and New Zealand arm of deals website LivingSocial as well as Australia's leading product sample distributor PINCHme and beauty box subscription Lust Have It!
The company is forecasting turnover of more than AUD$275 million for 2016 has 400 staff and 15 websites under its umbrella and is one of Australia's largest pureplay eCommerce groups.
Adam was also a founder of MyTable, which eventually formed part of Menulog, which was sold to JustEat in 2015 for AUD$855 million. In 2015, Adam was named the Australian Young Executive of the Year by CEO Magazine, and Adam has been a director of the Myeloma Foundation of Australia since 2010, and has run two Melbourne Marathons (barefoot) to raise funds for the foundation.
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