Updates

Altitude - 14 of 30 top suppliers on-boarded

October 2018

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At this stage of its development, Altitude’s H1 was always going to be about the early traction data as it becomes “the operating system” for promotional goods distributors and less about historical profits so it was somewhat myopic in my view for bears to focus on the latter.In much the same way that JustEat (JE; 670p) had to upload restaurant menus onto its platform, Altitude has had to upload product data from suppliers and it says it now has catalogues from 14 of the top 30 US promotional product suppliers on its platform. It’s a task not to be underestimated because Altitude had to ensure that once a customer has directed an order over the platform that it would be able to produce the correct camera rea ...

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