KBU partners with online marketplace Rented.com
Saas and e-commerce platform provider Kabuni Ltd (ASX:KBU) has partnered with Rented.com.
Rented.com is an online marketplace that assists vacation rental homeowners to find a property manager to manage their property.
The 12 month partnership will enable KBU to promote its platform to Rented.com’s users which includes over 600 property managers and 5000 homeowners spanning over 60 countries.
There is no guarantee of how many of those homeowners KBU will be able to attract, so don’t base any investment decision you make re KBU on this news alone and seek professional financial advice for further information.
Rented.com users will receive an electronic voucher to be used in purchasing home furnishings and other products from KBU’s catalogue.
KBU will produce articles on topics relating to interior design and related topics that would be of interest to Rented.com users.
KBU is currently seeking similar initiatives to expand its offering to the market place, of which will be made announced to the public if and when they should occur.
CEO of KBU, Neil Patel commented on the deal: “We believe that Rented.com property owners and property managers will benefit greatly from having access to Kabuni’s community of designers. Our designers will be in a position to help Rented.com users beautify their rental properties and thereby maximize their rental income. We are very excited about this partnership, and anticipate that it will help continue to grow Kabuni’s consumer base.”
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