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$1 reserve promo is back!
Get off to a fresh start in 2013 by having a good old Kiwi clear-out!
To help you along, we’re running our $1 reserve promo for the whole of February. All items listed as $1 reserve auctions in ‘General items’ during February will get free Gallery*!
- Sell stuff fast. $1 reserve auctions are much more likely to sell first time around. They attract bidders who might not have otherwise checked out your listing. Trust the market, and get your cash quicker! More...
Changes to our Terms & Conditions
Today we’re making some important changes to our terms and conditions. We’re updating them mainly to:
• ensure international sellers who want to trade are operating within our rules
• explain how listing information may appear in applications using our API, and point out we may have commercial arrangements with people building applications that tap our API
• allow members to market or link to feedback in other places and clarify when we will remove negative feedback
• explain how to close your membership, and clarify that some terms may still apply after it is closed
• remove some words that are out of date.
We’re also updating our Privacy Policy to reflect the use of our API.
At the same time, we’re tweaking our Pay Now terms and our feedback policy, and we’ve created a new help page for international sellers. More...
Fairfax completes sell-down of of Trade Me stake
Following yesterday’s trading halt, Trade Me Group Limited (“Trade Me”) has been advised that Fairfax Digital Holdings NZ Limited (“Fairfax”) has successfully completed a sell-down of its 51 per cent holding of issued capital in Trade Me. Settlement of the sale of the shares is expected to occur this Friday. All this means Fairfax will no longer be a shareholder in Trade Me.
The trading halt on Trade Me shares was lifted at 8:40am today.
For more information, please visit Trade Me’s investor relations website.
Trade Me shares in trading halt
You might have seen over on our investor website that shares in Trade Me Group Limited are in a trading halt this morning. Fairfax Media Limited has advised that it has entered into an agreement with an investment bank for the sale of its 51 per cent stake in Trade Me, and that a “book build” process is continuing. Trade Me shares will remain in trading halt until this book build is completed. On completion of the sale, Fairfax will no longer be a shareholder of Trade Me.
Holiday Homes set to join Trade Me
We wanted to let you know Trade Me has entered into an agreement to purchase Richmond-based accommodation website Holiday Homes, an online directory of holiday homes, baches, and cribs around New Zealand and the South Pacific.
We reckon it will complement our existing travel businesses Travelbug, BookIt and Holiday Houses nicely, and we’d like to welcome all the customers and staff of Holiday Homes to Trade Me.