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

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

Published 6 months ago
Description

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.

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