London, UK (PRWEB) March 12, 2009
The London Business School Technology Summit has voted Aroxo as the UK's Hottest Start-up 2009. Competing against 6 other finalists, Aroxo gave a sneak-peek of its new retail marketplace surprising many attendees with its novel approach of connecting buyers and sellers.
Matt Rogers, Co-Founder of Aroxo said "After 2 years of hard work, it is great to get such positive feedback from so many technology people, industry experts and investors. We're really excited about launching Aroxo and helping UK buyers save money and time on their purchases."
The Aroxo marketplace provides a completely new way to buy and sell online, it's not an auction site or shopping comparison site, but uses a new buyer-driven mechanism to help buyers get the best prices.
Both buyers and sellers are now looking for new ways to interact and do business online, so Aroxo has been built to work for sellers too. They gain access to a whole new sales channel as well as a range of simple tools allowing them to target buyers at prices which are likely to disrupt the market in a way not seen before.
Andrew Culpan, Co-Founder of Aroxo said "It's just perfect for the credit crunch. The sellers we're working with are telling us it's a great way to carry on growing through 2009 whilst many of their other channels are under pressure. We've got some great brands on board already, but we're always looking out for new and innovative sellers."
The London Technology Summit, organised by London Business School, was held on Friday 20th February. The event included speakers from Google, Amazon, McKinsey, Microsoft and many other technology companies.
Event Co-Chair, Polina Moskovaya, said "It was great to see some new start-up businesses with innovative ideas. Aroxo's marketplace really stood out amongst some strong competition, and we look forward to their launch."
Journalists interested to learn more about Aroxo can receive a private briefing of the system by contacting Aroxo on firstname.lastname@example.org.
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