Newstead Technologies
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Latest Newstead Technologies News
Nov 30, 2018
Newstead sells Nubox stores to Apple reseller Elush, owner of iStudio and Epicentre Toggle share menu close breaking news A NuBox outlet in Singapore. (Photo: Facebook / NuBox) 30 Nov 2018 08:11PM Bookmark SINGAPORE: IT retailer Newstead Technologies has agreed to sell its 10 Nubox stores, it said in a statement on Friday (Nov 30). The homegrown company, which was placed under provisional liquidation last month , said the stores will go to Apple premium reseller Elush (T3) Pte Ltd. Elush operates the iStudio and Epicentre stores. Advertisement Nubox is Newstead's authorised reseller for Apple products. "Both parties are working closely to ensure a smooth transition, which is expected to be completed by January 31, 2019," Newstead said. Newstead added it is still "business as usual" for all Nubox outlets, and that the company will continue to honour all transactions and service commitments during the transition. It let about 100 employees go last month. The company had said it was in talks with investors to find a workable solution for all parties involved. Advertisement Advertisement Started in 1998, it operates several stores in shopping malls under the names Newstead, DigitalStyle and @notebook.com. It was to be the IT anchor tenant for the redeveloped Funan mall which is due to open in the second quarter of 2019. Source: CNA/hm(ra)
Newstead Technologies Frequently Asked Questions (FAQ)
Where is Newstead Technologies's headquarters?
Newstead Technologies's headquarters is located at 180 Kitchener Road, Singapore.
Who are Newstead Technologies's competitors?
Competitors of Newstead Technologies include IM HOLDINGS and 4 more.
Compare Newstead Technologies to Competitors
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Singapore Food United (SFU) is an e-commerce platform that is solely endorsed by the Singapore Food Manufacturers’ Association. It connects with all local food manufacturers and creates a food manufacturer ecosystem for consumers in both domestic and international markets. It was founded in 2020 and is based in Singapore.
Obbo provides a digital discovery and marketplace platform. Its e-commerce platform currently powers thousands of brick-and-mortar, offline small-to-medium (SME) enterprises and is growing its buyer and seller counts on a daily basis, focusing on growing and dominating the manufacturing landscape. The company was founded in 2018 and is based in Singapore.
LINKZ offers B2B sales solutions. It empowers sales performance for valuable customers. It shares digital catalogs conveniently on a mobile device and lets the users integrated solution handle the rest. It enables users to sell, buy, manage inventory, and view business reports instantly. LINKZ was founded in 2018 and is based in Singapore.
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