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Trade Me is New Zealand's largest online auction and classifieds website. Managed by Trade Me Ltd., the site was founded in 1999 by New Zealand entrepreneur Sam Morgan, who sold it to Fairfax in 2006 for NZ$700 million. [1] Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker "TME".
As part of the transaction, The Warehouse Australia's Sydney Head Office would be sold to Investec Wentworth Specialised Property Trust. While the effective date for the transaction was due to be 27 November 2005, completion of the sale was expected in early 2006 and was subject to normal regulatory approvals.
Joseph Hatch (1837–1928), Invercargill businessman, "harvester" of penguins; Keith Hay (1917–1997), builder, businessman, local politician, morals campaigner; Harriet Heron (c.1836–1933), hotel owner; Michael Hill (born 1938), jeweller, businessman, golfer; Dame Bronwen Holdsworth (born 1942), co-founder of Pultron Composites
Morgan worked for IT consultancy Deloitte before leaving to start up Trade Me in 1999. Trade Me kept him very busy and at one point he was living 200 metres from the main office on Wellington Waterfront. On March 6, 2006, John Fairfax Holdings agreed to buy Trade Me for NZ$700 million, plus another NZ$50 million if financial targets were met ...
Kiwi Property Group: Financials Real estate holding & development Auckland: 1992 Property investment (NZX: KPG) P A Kiwibank: Financials Banks Wellington: 2001 Bank, subsidiary of state-owned New Zealand Post: S A Kordia: Consumer services Broadcasting & entertainment Auckland [7] 2003 State-owned broadcaster S A Landcorp: Consumer goods ...
Name Retail format Main products Number of stores Number of Auckland stores Parent company Founded Head office 2degrees: Electronics store [1]: Mobile phones [1]: 56 [1]: 20 [1] ...
Morgan and his wife Joanne were early investors in Trade Me, founded by his son Sam Morgan. They were paid NZ$50m for their shares when Fairfax Media bought Trade Me in 2006. Morgan was a member of the Government appointed Capital Markets Task Force [10] (2008–2009) and the Tax Working Group (2009). [11]
In 2014, Mike Pero Real Estate was ranked 23rd in the Deloitte Fast 50 with 327.8% growth, which placed it 6th in the category of ‘Retail or consumer product’. [ 8 ] Pero was a founding member of the NZ Mortgage Brokers Association and recognised for his services to the Mortgage Broking Industry of New Zealand – he was the first recipient ...