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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".
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 over the next two years. Sam Morgan received $227 million (excluding future bonuses ...
Lixtor is an internet auction website operating in New Zealand since 2005, as a free alternative to Trade Me [1] or Facebook Marketplace. Lixtor's business model is substantially different from its rival site Trade Me as it tries to operate its business on advertising revenue rather than charging users on listing fees and success fee. [2]
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Pages in category "Online auction websites of New Zealand" The following 2 pages are in this category, out of 2 total. This list may not reflect recent changes .
The company was founded in 2005 by New Zealand-born entrepreneurs Simon Slade and Mark Ling in Christchurch, New Zealand. [3] While Slade worked full-time for Hewlett-Packard, he also sold on New Zealand’s local online auction site, Trade Me. [citation needed] After receiving numerous inquiries about where he found his suppliers, Slade recognized the demand for a directory of verified suppliers.
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