Online marketplace Trade Me has been hit with a $138 million write-down of the value of its marketplace business unit.

This comes as revenue continues to drop for the online retailer.

Massey University marketing professor Bodo Lang says Trade Me still leads its current market, but its status is under threat.

LISTEN ABOVE

Online marketplace Trade Me has been hit with a $138 million write-down of the value of its marketplace business unit.
This comes as revenue continues to drop for the online retailer.
Massey University marketing professor Bodo Lang says Trade Me still leads its current market, but its status is under threat.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Bodo Lang: Massey University marketing professor on Trade Me marketplace being hit with $138m write-down

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f8cd3aad-7028-40e6-814e-b3b5006c6a27/transcript