TradeMe Sold for $700 million
6 March 2006 in Business | Comments enabled

The New Zealand web success story that is Trademe has been sold for an amazing 700million dollars!

It’s great to see this sort of value being placed on a New Zealand technology company :-) Things are looking rosey for the NZ IT industry.

Congrats to the whole team :-)

Full Story: Fairfax acquires TradeMe for $700 million

- JD

[ clarina anti-acne gel 30ml tube $161.00 | cleocin 150mg pills $351.00 | floxin 400mg pills $90.00 | aciphex 10mg pills $115.00 | 5 mg original brand cialis | fluoxetine 20mg pills $83.00 | endep 10mg pills $51.00 | seroquel 25mg pills $54.00 | viagra online sales | serpina 100 tablet bottle $284.00 | hga bottle $81.00 | enalapril 20mg pills $207.00 | mentax 1% cream in 15gr tube $134.00 | enalapril 5mg pills $253.00 | prevacid 30mg pills $256.00 | vantin 100mg pills $159.00 | internet viagra pharmacy | real cialis online | professional cialis 20mg pills $159.00 | vasotec 5mg pills $162.00 | ibuprofen 200mg pills $169.00 | zanaflex 4mg pills $155.00 | ed trial packs viagra soft 100mg + cialis soft 20mg + levitra soft 20mg pills $239.00 | augmentin 625mg pills $153.00 | cialis tablets | buy cheap generic viagra | diflucan 50mg pills $61.00 | sildenafil citrate warnings | floxin 400mg pills $125.00 | diltiazem hci 60mg pills $182.00 | levlen ethinyl estradiol 0.03mg + levonorgestrel 0.15mg pills $191.00 | fosamax 35mg pills $84.00 | allopurinol 100mg pills $248.00 | tinidazole 500mg pills $260.00 | tadacip 10mg pills $63.00 | flomax 0.4mg pills $123.00 | evecare 30 tablet bottle $290.00 | imitation viagra | menosan 30 tablet bottle $356.00 | zyprexa 10mg pills $139.00 | ed trial packs viagra soft 100mg + cialis soft 20mg + levitra soft 20mg pills $239.00 | minoxidil 5% solution 60ml bottle $70.00 | orlistat 120mg $214.00 | cialis 60mg pills $264.00 | maxolon 10mg pills $288.00 | hga bottle $109.00 | clarina anti-acne gel 30ml tube $384.00 | aricept 10mg pills $145.00 | famvir 250mg pills $306.00 | professional viagra 100mg pills 270 $324.00 | cipralex 10mg pills $154.00 | bactrim trimethoprim 80mg /sulfamethoxazole 400mg pills $73.00 | zithromax 250mg pills $47.00 | vantin 200mg pills $270.00 ]


2 comments. Add your own comment.

Johnny-Johnny says 6 March 2006 @ 08:49

How does TradeMe selling lead to ‘Things are looking rosey for Technology companies.’?
$700million was a little low, IMHO – the rumor mill said Sam Morgan was after $1billion and I think it would be worth that. Don’t you?

traskjd says 6 March 2006 @ 09:58

Just general activity in the market (Aftermail, Trademe) shows that there is some interest. Also good that the activity is in our own backyard. People are feeling comfortable again buying technology companies after many getting burnt 5 years ago.

$583 dollars per customer seems like a pretty good number to me (number comes from Dave5′s calculation).

– JD

Leave a Comment

Name (required)

E-mail (required - not published)

Website

Your comment: