Trade Me boss Macdonald takes new Facebook Marketplace 'very seriously'

Thu, 10 Nov 2016

By Edwin Mitson Nov. 10 (BusinessDesk) - Trade Me Group chief executive Jon Macdonald told investors at the company's annual meeting that the company takes the arrival of Facebook marketplace very seriously, but that he believes the market can be defended. The social media giant launched its marketplace in October, after trialling it in New Zealand for a year. It is currently only open to individuals, rather than companies. Responding to a question from Shareholders Association representative Matthew Underwood, Macdonald said, "we w...

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