Kogan Australia completed the acquisition of Mighty Ape for $128m.

Kogan Australia, a wholly-owned subsidiary of Kogan.com, a retail and insurance company, completed the acquisition of Mighty Ape, an online retailing company, for $128m. "Mighty Ape will give us significant scale in New Zealand and further strength across a variety of operational dimensions. We will be drawing on Mighty Ape's deep experience in gaming, toys and other entertainment product categories and the New Zealand market, and combining this experience with Kogan.com's sourcing, technology, systems, infrastructure and marketplace capabilities, to further enhance the group's already market-leading offering across the Tasman," David Shafer, Kogan.com Chief Operating Officer and Chief Financial Officer.