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Gumtree and NZME Team Up to Shake Up NZ’s $125M Auto Classifieds Market

2:56am on Monday 2nd of June, 2025 AEST Media and Entertainment
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Gumtree and NZME Team Up to Shake Up NZ’s $125M Auto Classifieds Market

2:56am on Monday 2nd of June, 2025 AEST
Key Points
  • MOU signed between Gumtree Australia Markets and NZME to explore NZ automotive classifieds
  • New Zealand’s automotive listings market valued at approximately $125.3 million annually
  • Current market dominated by a single player, presenting opportunity for competition
  • Content sharing and advertising revenue partnership established between the two companies
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