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e Bay tried to enter the New Zealand market in 2001, but had little success.
Trade Me has remained the major Internet-auction site in New Zealand, with both international and smaller national competitors gaining relatively little market penetration.
Many buyers pay cash on pickup with larger items — probably partially due to the relative concentration of the New Zealand population in a relatively small number of urban areas.
Within Deloitte, Morgan worked on Internet projects and supply-chain issues.
Some of these features include "Buy Now", "Auto bidding" and the Safe Trader escrow service.
Members in New Zealand can become "Address Verified" by confirming their street address, and sellers may choose to block unverified members from bidding.
Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker "TME".
Trade Me Ltd also operates several sister websites including Find Someone, Travelbug, Safe Trader and Holiday Houses.