Could Trade Me be for sale as global takeover activity increases?

Could Trade Me be for sale as global takeover activity increases?
Property listings are a major part of the booming global online classified sector. (Image: NZME)
Paul McBeth
There’s nothing like a bit of deal-making to get imaginations running riot.  So don’t be surprised if the recent flurry of activity in online classifieds businesses around the world has a few besuited bankers beseeching some local players to have another look at their portfolio. This includes Kiwi powerhouse Trade Me, whose owner, Apax Partners, briefly dusted off its exit options last year.  In case you’re a normal person who doesn’t spend their days trawling through financial pages far and wide, the big deal...

More Markets

NZ sharemarket rises with gentailers leading
Markets Market close

NZ sharemarket rises with gentailers leading

Electricity gentailers pumped energy into the NZX.

Tom Raynel 09 May 2025
Steven Joyce to chair NZME
Markets

Steven Joyce to chair NZME

Tech expert Bowen Pan will also join, later on. 

Staff reporters 09 May 2025
NZME set to take on Trade Me for car sales
Markets

NZME set to take on Trade Me for car sales

Publicly listed NZME, owner of the NZ Herald and BusinessDesk, says it is exploring a new automotive digital classifieds platform, in a clear bid to take on Trade Me.Seeking to emulate the success of its property platform OneRoof, NZME said on Friday it had signed a memorandum of...

Staff reporters 09 May 2025
Bremworth getting back into synthetics
Primary Sector

Bremworth getting back into synthetics

Albeit in a small, but carefully curated, number of products.

Riley Kennedy 09 May 2025