Channel Advisor gets competiton from EasyTrade. Both handle logistics for retailers selling new goods on Trade Me - a key area of growth for the listed site as it attempts to move beyond its amateur auction roots.
Trade Me has spent $11.5 million mopping up the 75% of auto-listing aggregator AutoBase it didn’t already own.
But will it face a backlash from the second-hand sellers as it moves further from its genesis as an auction site?
Trade Me's US import on what took him from a gaming company in New York to an auction site in Wellington.
A strong result is balanced by fears about the auction site's majority shareholder, Fairfax.