Trade Me to buy Motorcentral dealer platform pending Commerce Commission approval

Tue, 11 Jul 2017

By Paul McBeth July 11 (BusinessDesk) - Trade Me Group, the country's dominant online auction site, will buy Limelight Software, which operates the cloud-based auto dealer management platform motorcentral.co.nz, for an undisclosed sum provided it gets Commerce Commission approval. Wellington-based Trade Me today signed a sale and purchase agreement to buy Christchurch-based Limelight subject to clearance from the antitrust regulator, which has an indicative timeframe of 40 days. Limelight's Motorcentral platform includes inventory manage...

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