Leading Internet Wholesale Forum Acquires Popular Online Business Community
November 20, 2008 (PRLEAP.COM) Business News
London, UK. – Thursday 20th November, 2008 – The Wholesale Forums announced today that it has agreed to acquire the Trader Online Forum, the online traders help and advice community led by online publisher and marketer Richard Grady for an undisclosed sum.Following the acquisition, which is believed to be completed by Tuesday 25th November, the Trader Online Forum will be merged with the larger and more active of the two communities, The Wholesale Forums in an agreement to merge the two communities.
"Richard has built up quite a substantial community over the last six years and one that many of our own members have contributed to. The opportunity of an acquisition emerged so naturally we were delighted to agree terms and absorb his community," said Anthony Trollope, Community Administrator of The Wholesale Forums. "Our communities were born on the same premise; they were created to be a resourceful and knowledgeable portal for buyers and sellers alike to converse and share their business experiences. The Wholesale Forums is now entering a period of exponential growth and we look forward to welcoming Richard's members and their contributions into their thriving new home."
"The Trader Online Forum was originally founded with the intention of helping people start and develop their own businesses. The loyal following of knowledgeable and experienced members which the site has attracted over the years has ensured that this aim has been fulfilled to a considerable extent," said Richard Grady, founder of the Trader Online Forum. "In recent months my own business commitments have prevented me from investing the amount of time in managing the forum in a way which the community deserve. I am therefore extremely pleased to see that the good work of the site will continue through a merger with The Wholesale Forums."
When the acquisition is complete, the Trader Online Forum will be merged with The Wholesale Forums and its existing brand entity, therefore consolidating both communities. The Wholesale Forums will continue to build on its success as one of the world's largest and most popular communities for wholesale buyers and sellers.
About The Wholesale Forums
The Wholesale Forums was first established in July 2004 and is now one of the largest and most active wholesale communities on the Internet. The community is focused on providing practical help and advice to wholesale buyers and sellers, as well as a venue for goods and services to be traded. With now over 20,000 registered community members and over 215,000 pages of user generated contributions, the forum is undoubtedly becoming the number one resource for buyers and sellers of wholesale goods and services.
About Trader Online Forum
The Trader Online Forum community was established in November 2002 by online marketer, Richard Grady. The forum was originally founded as a result of requests from subscribers of Richard's online business newsletter for a place where they could 'meet' and discuss their mutual interests. The forum quickly became a valuable resource of information covering many different aspects of business both on and offline.