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Why Appen is only now becoming a tech company

Yolanda Redrup

Appen may be widely considered one of the hottest tech stocks on the ASX, but really, its journey to becoming a tech company is only just beginning.

That might be a surprising idea for to those who have watched the language and search data services provider's impressive rise, from listing on the ASX with an issue price of price of 50¢ in January 2015, to trading above $14 today, giving it a valuation of $1.5 billion.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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    Original URL: https://www.afr.com/business/small-business/startup/why-appen-is-only-now-becoming-a-tech-company-20190114-h1a26a