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OneMarket wind-up approved but final payout may take years

Sue Mitchell

Investors in OneMarket, the retail technology start-up spun off from Westfield, may have to wait two or three years before all the company's assets are distributed.

OneMarket shareholders voted almost unanimously on Monday to wind up the company, which has racked up losses of more than $160 million since listing in May last year.

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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com

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    Original URL: https://www.afr.com/companies/retail/onemarket-wind-up-approved-but-final-payout-may-take-years-20191202-p53fx1