News

The value of Australia’s second hand economy swelled to $46 billion this year, as half of Aussies say they’re buying used goods to save for bills

New data from online classifieds platform Gumtree shows that Australia’s second-hand economy is now valued at $46 billion, the highest figure recorded in the past decade. More than half of Australians say they expect that second hand sales will boom during the COVID-19 pandemic, with many of them saying they’re […]
The value of Australia’s second hand economy swelled to $46 billion this year, as half of Aussies say they’re buying used goods to save for bills
News

The ACCC has greenlit the merger of Gumtree and the parent company of Carsguide

The ACCC has approved the merger of Gumtree and Cox Media, the parent company of Carsguide and Autotrader. Carsguide and Autotrader provide online vehicle classifieds. The acquisition puts Gumtree in deeper competition with Facebook Marketplace. Visit Business Insider Australia’s homepage for more stories. The Australian Competition and Consumer Commission (ACCC) […]
The ACCC has greenlit the merger of Gumtree and the parent company of Carsguide
Tech

Gumtree signs PromisePay to take on Airtasker with new tradie-matching service

Australian fintech startup PromisePay has won a landmark deal with eBay-owned website Gumtree, while also announcing a name change to Assembly Payments. Gumtree Connect is a service launched today that connects homeowners to tradespeople. The platform, which allows users to “receive quotes, schedule and manage appointments and make payments”, pivots […]
Gumtree signs PromisePay to take on Airtasker with new tradie-matching service