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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".
Sam Morgan received $227 million (excluding future bonuses), making him one of the richest people in New Zealand overnight. Morgan is now an investor and advisor to a number of start-up businesses and is also involved with several not-for-profit organisations including Medicine Mondiale and One Acre Fund .
New Zealand is a wealthy country, with a relatively high GDP per capita and a relatively low rate of poverty. Since the 1980s, New Zealand has transformed from an agrarian, regulated economy to a more industrialised, free market economy that can compete globally. Since 1984, government subsidies including for agriculture have been eliminated ...
Toll New Zealand (rolling stock and inter-island ferries) Ontrack (track and infrastructure) Formerly New Zealand Rail (1990–1995), Tranz Rail (1995–2002), Toll New Zealand (2002–2008) Kordia: 1 July 1989 Subsidiary of Television New Zealand: Formerly Broadcast Communications Limited or BCL, renamed 2006. Landcorp: 1 April 1987
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New Zealand businessman Barry Colman was the NBR's publisher for 24 years, after buying it from John Fairfax & Sons in 1988. He sold it to Todd Scott in 2012. [1] The publication's website has a paywall model, where businesses and individual subscribers pay to access certain content. As of June 2016, the NBR had more than 4000 paying ...
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