17 Facts About Trade Me

1.

Trade Me is New Zealand's largest online auction and classifieds website.

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2.

Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker "TME".

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3.

In May 2019, Trade Me was acquired by private equity firm Apax Partners for NZ$2.

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4.

Trade Me Ltd operates several sister websites including FindSomeone and Holiday Houses.

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5.

Trade Me developed slowly initially, because its founder had little funding to pay for the costs of hosting and of expanding the site.

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6.

The early strategy for Trade Me involved simply increasing its user base and encouraging members to refer their friends to the site.

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7.

Trade Me launched the Safe Trader escrow service about this time.

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8.

Trade Me then introduced fees for auction services: first for features such as bold titles; then in September 2000 it introduced "success fees".

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9.

Trade Me has remained the major Internet-auction site in New Zealand, with both international and smaller national competitors gaining relatively little market penetration.

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10.

Since the Fairfax purchase, Trade Me has continued to stand alone, with the former Fairfax NZ sites Jobstuff and Propertystuff being discontinued in favour of the Trade Me offerings.

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11.

Trade Me has increased its scope over time, and now offers a wide range of listing possibilities.

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12.

In June 2005 Fair Go, a television programme devoted to consumer affairs, approached Trade Me Limited regarding this issue and featured the matter on a broadcast episode.

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13.

In 2006, Trade Me laid a complaint with the Advertising Standards Authority over the advertising of its largest property market competitor, Realestate.

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14.

Trade Me stated that it had properties listed on the Trade Me website that Realestate.

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15.

Trade Me said Lixtor was just trying to draw media attention.

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16.

On 20 November 2008, a community newspaper The Aucklander reported that Trade Me's lawyers asked Lixtor to remove their "Terms and Conditions".

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17.

On 7 May 2007, Trade Me released a Windows Vista Sidebar Gadget to run in the Windows Sidebar.

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