GrabOne has gone into liquidation.
Daniel Stoneman and Neale Jackson of Calibre Partners said on Thursday they had been appointed liquidators of Global Marketplace New Zealand, which operates GrabOne in this country.
“Due to funding constraints, the business has ceased trading and the liquidators are immediately commencing a sales process for the company’s business and assets.
“As a result, the company will not be promoting any existing or future deals whilst in liquidation,” they said in a notice on the website.
“For consumers who hold unredeemed vouchers, the company is unable to provide refunds. Consumers will need to take steps themselves – including contacting individual merchants – to assess how unredeemed vouchers will be treated.
“For the avoidance of doubt, the liquidators do not adopt any agreement you had with the company personally or otherwise, and the agreement remains between you and the company.”
GrabOne was launched in 2010 and offered discounts on goods and services for local businesses.
It was sold to Global Marketplace New Zealand by former owner NZME in 2021, for $17.5 million.
… More to come
