City News: Vivino wine app, Lightspeed eCommerce and William Hill betting agency
VIVINO, the developer behind the world’s largest wine app, is to launch its own online store that will allow people to buy their favourite bottles by clicking twice on their smartphones.
Vivino, the developer behind the world’s largest wine app, is to launch its own online store
Vivino, the developer behind the world’s largest wine app, is to launch its own online store that will allow people to buy their favourite bottles by clicking twice on their smartphones.
Founder Heini Zachariassen said that firm is teaming up with British wine merchants to launch its Vivino Checkout service at the end of August. He says that once users have input their payment information and preferred delivery address, they will be able to make future wine purchases almost instantly.
Zarchariassen added that users will pay the same price for their wines as they would if they went directly to the merchants themselves.
Founded in 2010, the firm’s eponymous iPhone and Android app has around 19million users, making it the most widely used wine guide in the world. It gives users instant reviews, ratings and price information for any bottle of wine, simply by taking a photo of the label.
Lightspeed, the Canadian developer of point-of-sale systems to retailers and restaurants, expects the UK and Europe to be its fastest growing area despite the uncertainty caused by Brexit. Founder Dax Dasilva is also keen to expand in Asia.
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Customers will be able to make purchases almost instantly
The firm’s cloud-based centralised management systems enable businesses to run both their physical world and online operations from a single platform, reducing costs and increasing efficiency.
William Hill is expected to set out its defences against 888 Holdings and Rank Group’s joint takeov
Struggling betting giant William Hill is expected to set out its defences against 888 Holdings and Rank Group’s joint takeover bid alongside its interim results on Thursday.
Lightspeed expects the UK and Europe to be its fastest growing area despite Brexit
Analysts at Investec expect the firm to say that first-half operating profits have tumbled 23.7 per cent to £118.7million, with net revenues easing £20.6million to £787.5million.
Its online division and poor racing results are to blame.