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Acquisition by Fairfax (Continued)

On March 6, 2006 the Australian media company Fairfax acquired Trade Me in a deal worth NZ$700 million, with an additional NZ$50 million payable if the organisation met earnings-targets over the next two years. (Those targets were met.) Sam Morgan and other executives remained with Trade Me. Since the Fairfax purchase, Trade Me has continued to stand alone, with the former Fairfax NZ sites Jobstuff and Propertystuff being discontinued.

Listings

Trade ...

 
 

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Continued...
Me has increased its scope over time, and now offers a wide range of listing-possibilities. Customers can list the following items and positions on Trade Me:

  • general items
  • motors: cars, motorbikes and boats
  • property
  • jobs
  • rental property
  • flatmates wanted

Community and related sites

The Trade Me site has a general messageboard where members can participate in discussions on a variety of topics, ask questions and seek advice. Controversial postings or flame-wars have occasionally resulted in interference in auctions by members with opposing views.

The Trade Me messageboard is community moderated: a post or thread may be voted off by as few as 10 members if they deem it offensive. This has led to abuse by certain members and groups who vote off popular threads that otherwise comply with the messageboard guidelines.

To help combat this problem www.votemenot.co.nz was created in November 2008 to allow messageboard members to archive threads that they feel may be voted off or expire.

The Trade Me messageboard received a major user interface upgrade in October 2009, adding 'quote' functionality and search.


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