Annual Report 2017

New things

  • Property Insights a big hit
  • Enhancing trust with Buyer and Seller Protection
  • Book a courier passes the 500,000 bookings milestone
  • Proposed acquisition of Motorcentral under way

We have released a suite of products, services and initiatives across Trade Me in F17.

Property Insights, our tool that provides free information for more than 1.6 million residential properties, has proven very popular and we recently added map based search to this tool. We have also launched a property agent directory, showcasing agents’ talents and helping vendors with a tailored agent recommendation.

Over in our General Items marketplace, the introduction of Buyer Protection was very well-received. We also reminded sellers of the safeguards we have in place under the banner of Seller Protection. We’ve completed an integration with a company called Magento to make it easier for sellers using their products to pipe their listings onto Trade Me. The ‘Book a courier’ service is going from strength-to-strength and has recently surpassed 500,000 bookings. We’re also excited about the imminent arrival of Afterpay onsite, an interest-free deferred payment product.

The Trade Me Jobs team also put in a big effort improving our Apple (iOS) and Android mobile apps.

In July 2017, we announced our intention to acquire Christchurch-based Limelight Software, the operator of the cloud-based automotive dealer management platform Motorcentral. The Trade Me Motors team is very excited about prospects for this business, and eagerly awaiting clearance from the Commerce Commission.