28 November 2013

@UK plc (the "Company")

CHANGE OF COMPANY NAME TO CLOUDBUY PLC (AIM: CBUY)


cloudBuy is a world-leading solution for corporate and public-sector procurement, offering major benefits to buyers and sellers alike. A cloud-based approach means that cloudBuy is an instantly available online marketplace to support the sourcing strategy of all procurement professionals, whatever their location with no IT support overheads. Front-line staff need almost no training as they use familiar Internet-style buying to access only approved suppliers of goods and services at contract prices. Because payment is via one basket and our VISA partner network, there is no need for invoice matching, and total accountability. Our cloudBuy system can link with existing ERP systems or provide full online purchase to pay. It is easy for suppliers to set up a cloudSell website available to their corporate clients, the public sector and ordinary consumers.

http://www.cloudbuy.com/

Contract Win

http://www.moneyam.com/action/news/showArticle?id=4766101

Contract Win in India

RNS


RNS Number : 9582B

Cloudbuy PLC

11 March 2014


cloudBuy plc ("cloudBuy" or "the Company")

Contract Win in India



cloudBuy (AIM: CBUY), the cloud eCommerce marketplace, announces that it has been awarded its first eProcurement contract in Mumbai, India, by Sarth Surfacrete, to implement a cloudBuy private purchasing portal. The portal will feature integrated electronic payment as a standard feature. As part of the implementation, Sarth Surfacrete's suppliers, some of which are large corporates, will be provided with a dedicated B2B eCommerce environment to facilitate trading and electronic payment.



This contract win builds upon cloudBuy's investments in India. cloudBuy has been building capability in the market, covering India's complex range of in-country taxes into the cloudBuy eCommerce engine. The ability to support suppliers trading across India is central to a successful roll out of eCommerce and eProcurement.



Ronald Duncan, Executive Chairman of cloudBuy, said "India's eCommerce market grew at 88% in 2013 rising to $16bn, and it is clear that there is a readiness and excitement around B2B eCommerce within India's thriving business sector. We are delighted by this contract win which highlights the desire of forward looking Indian companies to grow into eBusiness. "



Prashant Palande, Managing Director of Sarth Surfacrete, said "We use leading technology in our construction and corporate interior projects, similarly we were looking out for a latest solution to ease our procurement issues for the next five years. Having the solution in the cloud reduces our implementation and maintenance costs, which is an added advantage along with bringing our suppliers and their payment 'Online', which swayed our decision in cloudBuy's favour."

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Cloudbuy wins eProcurement contract in India

By Giles Gwinnett

March 11 2014, 7:15am
'We are delighted by this contract win which highlights the desire of forward looking Indian companies to grow into eBusiness. '


Cloudbuy (LON:CBUY) has won its first eProcurement contract in India, it told investors.

The deal is to implement the eCommerce firm's private purchasing portal for construction group Sarth Surfacrete.

This will see some of Sarth's suppliers, which are large corporate firms, be provided with B2B eCommerce for trading and payments.

Sarth's managing director Prashant Paland said: "We use leading technology in our construction and corporate interior projects, similarly we were looking out for a latest solution to ease our procurement issues for the next five years.

"Having the solution in the cloud reduces our implementation and maintenance costs, which is an added advantage along with bringing our suppliers and their payment 'Online', which swayed our decision in Cloudbuy's favour."

Cloudbuy said the contract built on its investments in India.

Executive chiarman Ronald Duncan said: "India's eCommerce market grew at 88% in 2013 rising to $16bn, and it is clear that there is a readiness and excitement around B2B eCommerce within India's thriving business sector.

"We are delighted by this contract win which highlights the desire of forward looking Indian companies to grow into eBusiness. "

Wowser, didn't see that coming, India already

11 Mar Westhouse... 100.00 Buy

Final Results

RNS


RNS Number : 0667C

Cloudbuy PLC

12 March 2014



("cloudBuy" or the "Company")



Audited Final Results for the 12 months ended 31 December 2013



cloudBuy plc (AIM:CBUY), the cloud eCommerce marketplace, today announces its audited final results for the 12 months ended 31 December 2013.



Key Points

Financial:

· Turnover increased by 35% to £3.004m (2012: £2.219m)

· Sales of web and eCommerce services increased by 73% to £2.044m (2012: £1.180m).

· Company formations declined by 12% to £773k (2012: £880k)

· Revenue from coding increased by 18% to £187k (2012: £158k)

· Gross profit increased by 46% to £2.561m (2012: £1.750m)

· Gross margin increased to 85% (2012: 79%)

· Operating expenses before share based payments increased to £3.275m (2012: £2.528m) reflecting the increase in costs associated with activities in Asia Pacific.

· Loss before tax increased by 10% to £936k (2012: £850k)

· Cash and cash equivalents of £4.157m (2012: overdraft £61k)



Operational:

· 3 year exclusive agreement signed with Visa Worldwide Pte. Limited (Asia Pacific)

· Global launch as cloudBuy

· Senior appointments to strengthen management and operational teams

· First Australian contract win

· Increased contract momentum in the UK, including wins with Invest Northern Ireland and Tungsten Corporation plc



Ronald Duncan, Executive Chairman of cloudBuy, commented:

"2013 was a remarkable year for cloudBuy, laying the foundations for future, profitable growth. We successfully launched in Asia Pacific with our partner Visa, completed an equity fundraising to provide us with the firepower to capitalise on our strong market position, to increase our investment in our people and technology and to ensure that we have the infrastructure to capitalise on the significant opportunity available to us.

"We are delighted with our progress both internationally and in the UK. We have made a considerable investment in both our technology and international expansion that resulted in a loss for the year. The Board considered that this was justified on the expectation that the investment would result in significantly improved future results."

Stockgumshoe are covering this today.

Could this fall to 28p the chart is very weak and no buyers.

Don't think so, a big deal about to be announced

Contract Win

cloudBuy (AIM: CBUY), the cloud eCommerce marketplace, announces a significant contract win with a UK major multi-billion dollar private sector care organisation to provide it with integrated ecommerce and eprocurement capabilities.

The contract will allow the organisation to automate its sales to individual consumers of care as well as NHS and Local Government purchasers via the cloudBuy care marketplace, and to simultaneously automate its purchasing from downstream providers and suppliers through the cloudBuy eProcurement platform.

This contract proves the significant supply chain multiplier effect to cloudBuy for every buyside contract win. The directors of cloudBuy estimate that a significant percentage of the potential overall revenue from the care sector of circa £100 million per annum will come from providing ecommerce sites to care providers.

Contract Win

RNS


RNS Number : 1562E

Cloudbuy PLC

07 April 2014




07 April 2014

cloudBuy plc

("cloudBuy" or the "Company")

Contract Win

cloudBuy (AIM: CBUY), the cloud eCommerce marketplace, announces a significant contract win with a UK major multi-billion dollar private sector care organisation to provide it with integrated ecommerce and eprocurement capabilities.


The contract will allow the organisation to automate its sales to individual consumers of care as well as NHS and Local Government purchasers via the cloudBuy care marketplace, and to simultaneously automate its purchasing from downstream providers and suppliers through the cloudBuy eProcurement platform.



This contract proves the significant supply chain multiplier effect to cloudBuy for every buyside contract win. The directors of cloudBuy estimate that a significant percentage of the potential overall revenue from the care sector of circa £100 million per annum will come from providing ecommerce sites to care providers.


Ronald Duncan, Chairman of cloudBuy plc, commented: "We are achieving a 90% success rate in signing up suppliers via our buyers. This contract win confirms our market leading position in providing ecommerce in the care sector, and joins up the care supply chain so that we can extend down from the councils and NHS to the major providers and onto their subcontractors and supply chain.



"Care is one of the largest and fastest growing service industries in the developed global economy and cloudBuy is establishing a strong and recognisable brand in the UK whilst generating interest globally. Given our success to date and the scale of expenditure in this area we are focused on maximising this opportunity and aligning it with our new transactional model. "

cloudBuy shares up as chairman looks ahead with confidence

By Giles Gwinnett

April 22 2014, 4:25pm
cloudBuy shares up as chairman looks ahead with confidence

Shares in e-procurement firm cloudBuy (LON:CBUY) advanced in afternoon trade as it said it expected contracts awarded this year to deliver significant revenues in the second half.

The bullish assessment came from Ronald Duncan, chairman of the group, at Tuesday's AGM.

"Last year we set a medium term target of £50 million turnover with 80% of our business overseas.

"We have made considerable progress towards that target and now have three separate areas that could deliver the £50 million turnover target on their own; these are Care, Health and our global business," he said.

"We have made a number of important contact wins already this year, and we expect these to deliver significant revenues in the second half of the year, in a similar pattern to last year."

Shares rose 1.35% to 37.5p.

Chart - bowl ? Big rise north to follow? A big deal is due so Watch with interest

Cheers robstuff, up 18.5% today.

Reports of the NHS commencing system to Save hundreds of millions on their annual spend in the press over the weekend - could it be via CBuy?

cloudBuy partners with Worldpay

RNS


RNS Number : 6800F

Cloudbuy PLC

29 April 2014






cloudBuy plc

("cloudBuy" or the "Company")

cloudBuy partners with Worldpay



LONDON - Tuesday 29 April 2014 - cloudBuy plc (AIM: CBUY), the cloud eCommerce marketplace, and Worldpay, the UK leader in payments, have agreed a partnership which will enable cloudBuy customers a new fast-track service for merchant accounts.

The deal will allow approximately 117 local authorities across the UK, to start taking debit, credit and commercial card payments though their local marketplace website, giving their customers an easy to use payment option when shopping online.

Partners for the last 10 years, cloudBuy and Worldpay have agreed a highly competitive proposition for cloudBuy customers, many of which provide access to local health and social care services.

By taking online card payments, these local authorities are making it easier for people to access a wider range of health and social care products and services, from pre-approved suppliers.

Local authorities will also benefit from speedy settlement back into their business account, freeing up administration time previously spent collecting and chasing payments.

As cloudBuy marketplace websites are so easy to use, they are quickly being adopted by many local authorities across the UK. Care is a particularly complex area for ecommerce, and each local authority has thousands of suppliers.

cloudBuy is the only ecommerce provider to the UK care provider community.

Ronald Duncan, Chairman of cloudBuy commented, "With the Worldpay partnership, we can now provide new and existing customers, a faster, more competitive merchant account referral service, which will allow them to start taking Visa and MasterCard payments through our ecommerce websites in a matter of days."

Dave Hobday, Managing Director of Worldpay UK, commented, "We are pleased to be working with cloudBuy to help more local authorities provide simpler, easier payment services. These authorities provide a vital service to the community, so they deserve to get all the benefits of trading online - quicker payments, greater security, and swift settlement."

29 Apr Westhouse... 100.00 Buy

Director/PDMR Shareholding

RNS


RNS Number : 6896J

Cloudbuy PLC

16 June 2014






16 June 2014

cloudBuy plc

("cloudBuy" or the "Company")

Director's dealing

The Company announces that it has been notified that today, Ronald Duncan, a Director of the Company, purchased 30,000 Ordinary Shares of 1 pence each at a price of 31.925p per Ordinary Share.



Following the transaction, Ronald and Lyn Duncan and associated family's holding in the Company has increased to 21,023,624 Ordinary Shares, representing 19.13% of the Company's current issued share capital.

Today's move is down to - Statement regarding share price movement

Unfortunately, I dithered this morning and didn't buy!

Statement re share price movement

RNS


RNS Number : 6504J

Cloudbuy PLC

16 June 2014




16 June 2014

cloudBuy plc
("cloudBuy" or the "Company")

Statement regarding share price movement



The Board of cloudBuy plc (AIM:CBUY), the eCommerce marketplace, notes the recent downward trend in the Company's share price, and is not aware of any business reason for the drop in value. The Company is performing strongly and is ahead of plan in terms of prospects and leads.


There are a number of significant opportunities being pursued in Australia, New Zealand, Hong Kong, China, India, South Africa, USA and Canada along with major opportunities in the UK, specifically in Education, Defence, Health and Social Services. Whilst it is difficult to predict timings the directors expect a number of significant contract wins in the next few months.

Chairman of cloudBuy, Ronald Duncan said: "I am delighted with the progress we have made since we raised the £ 5 million in October 2013. Last week we visited a major multinational who believes that our marketplace model is the future of procurement, and I expect to see a take off in our contract wins shortly."

You ditherer lol