[1] The prestigious UK government-owned postal service Royal Mail is betting on a Melbourne startup, Market Engine.
[2] Market Engine has just launched late last year but they’ve already earned AUD$1.2million (£730,000) and they’ve worked with major companies like Malaysian-based Royal Selangor, New Zealand’s Ecostore, and locally, Vitality Brands (for the Cancer Council’s sunscreen range).
[3] Royal Mail has not divulged the actual amount of their investment but Market Engine’s CEO Roy Hui says the it will be geared toward international market expansions, marketing and for the company’s further platform development.
[Source] Australian Information Technology News – Spotlight on Aussie startups at Apple’s product launch