Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 

Trade Me Diversifies Into Flats & Flatmates

PRESS RELEASE – FOR IMMEDIATE RELEASE – 17 Apr 2001 –

TRADE ME DIVERSIFIES INTO FLATS & FLATMATES

Trade Me has announced the acquisition of Flathunt.co.nz – New Zealand’s leading flatting and flatmates website. Flathunt has been re-launched as an integrated part of the Trade Me website.

The move is one of several planned to broaden the Trade Me brand and expand into complementary markets, adding to Trade Me’s current revenues of auction commissions and advertising.

“This is an important step in broadening our offering in areas where our brand makes sense and providing new services to the 120,000 people who visit each month,” Managing Director Sam Morgan said.

“The newspapers make a good chunk of their classifieds revenue from this area, charging around $20 for a small ad with a phone number. We offer richer features, a targeted audience and significantly better value for money.” Morgan says.

The listings will be in a classifieds format, something Trade Me claims is more appropriate to flats than the auction pricing model they use elsewhere on the site. The service also includes a free “Flat Alerts” service where prospective tenants register their preferences and receive an email notification when a matching property is listed. Mobile phone notifications will be added shortly.

Rowan Simpson, founder of Flathunt, is pleased with the acquisition and expects the much larger audience to contribute to strong growth in listings.

“Flathunt is a logical fit for Trade Me; it as a highly automated service and offers significant value to user compared to traditional classifieds. Acquiring Flathunt provides Trade Me with a good head-start in this area,” Mr Simpson says.

Listing a flat for a month on Flathunt will cost $3.50 with subscription pricing available to property managers and agents.

The new site is available at www.trademe.co.nz/flathunt/

END

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mining: OceanaGold Announces Receipt Of WKP Mining Permit

MELBOURNE, Australia, Aug. 6, 2020 /CNW/ - OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the 'Company') is pleased to announce it has received the mining permit for Wharekirauponga ('WKP') on the North Island of New Zealand. ... More>>

ALSO:

Economy: COVID-19 Lockdown Has Widespread Effects On Labour Market

In the June 2020 quarter, the seasonally adjusted unemployment rate fell to 4.0 percent, down from 4.2 percent last quarter, while underutilisation rose, Stats NZ said today. More>>

ALSO:

NZ Post: New Research By NZ Post Shows Online Shopping Grew 105% In Alert Level 3

New research by NZ Post into how the COVID-19 response has impacted the way Kiwis shop online, shows online shopping increased 105%* when the country moved into Alert Level 3, and may have changed the way Kiwis shop permanently. Online spend peaked ... More>>

ALSO:

Banking: Westpac NZ Lowers Merchant Fees For Small Businesses

Westpac NZ is rolling out a new merchant fee pricing structure that will lead to cost savings for more than 10,000 small and medium Kiwi businesses, and could make contactless transactions more widely available for customers. On 1 September, most ... More>>

REINZ: Million Dollar Plus Property Sales Increase 11.7% Nationally

The number of properties sold around the country for one million dollars or more during the first half (H1) of 2020 increased by 11.7% compared to H1 2019, with 5,426 million-dollar plus properties sold (up from 4,858 in H1 2019) according to the Real ... More>>

Waste: Government To Regulate Plastic Packaging, Tyres, E-Waste

The Government is stepping up action to deal with environmentally harmful products – including plastic packaging, tyres and e-waste – before they become waste. As part of the wider plan to reduce the amount of rubbish ending up in landfills, ... More>>

ALSO:


Antarctica NZ: Ice-Olation

Antarctica New Zealand is gearing up for a much reduced season on the ice this year and a very different deployment to normal! Before they head to one of the remotest places on the planet, all personnel flying south with the New Zealand programme will ... More>>

ALSO:

QV Valuations: July House Price Index Illustrates Market Resilience

According to the July 2020 QV House Price Index (HPI) results out today , property values recorded a marginal increase, up 0.2% over the month. This is somewhat of a turnaround from June, after the national index edged 0.2% lower. More>>

ALSO:

Property: Queenstown Rents Experience Biggest Drop In Seven Years

Rental prices in the Queenstown-Lakes district saw the biggest annual percentage drop in seven years after falling 28 per cent on June last year, according to the latest Trade Me Rental Price Index. Trade Me Property spokesperson Aaron Clancy said ... More>>

Seismology: The Quiet Earth

As many daily activities came to a halt during lockdown, the Earth itself became quiet, probably quieter than it has been since humans developed the technology to listen in. Seismologists have analysed datasets from more than 300 international ... More>>

RNZ: James Shaw Says Kiwibank, Not Ministers Should Decide On Investors

Climate Change Minister James Shaw says Kiwibank's decision to stop doing business with companies dealing in fossil fuels is the right one. More>>

ALSO:

FMA: Kiwis Confident Financial Markets Will Recover From COVID-19, Plan To Increase Investments

Despite the majority (60%) of investors experiencing losses as a result of COVID-19, the outlook on investing remains positive, according to a Financial Markets Authority (FMA) survey. Most Kiwis (71%) were optimistic that the pandemic will pass eventually ... More>>

FIRST Union: Warehouse Using Covid For Cover As Extensive Restructure Makes Everyone Worse Off

(FIRST Union comments on The Warehouse consultation and proposed restructure) 'Unfortunately the Warehouse have done the disappointing thing and used Covid-19 to justify a bunch of operational business decisions that will leave hundreds of workers without jobs ... More>>

ALSO: