Trade Me is New Zealand's largest online auction and classifieds website.
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Trade Me is New Zealand's largest online auction and classifieds website.
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Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker "TME".
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In May 2019, Trade Me was acquired by private equity firm Apax Partners for NZ$2.
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Trade Me Ltd operates several sister websites including FindSomeone and Holiday Houses.
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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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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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Trade Me launched the Safe Trader escrow service about this time.
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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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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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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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Trade Me has increased its scope over time, and now offers a wide range of listing possibilities.
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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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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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Trade Me stated that it had properties listed on the Trade Me website that Realestate.
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Trade Me said Lixtor was just trying to draw media attention.
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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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On 7 May 2007, Trade Me released a Windows Vista Sidebar Gadget to run in the Windows Sidebar.
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