Telstra is set to sell the once-iconic Trading Post brand just over a decade after it bought the classifieds rag for more than half a billion dollars.
Fairfax Media understands Unique Websites, which currently licenses the Trading Post brand from Telstra, is negotiating its outright purchase and that a deal could be signed within the next six months.
Big drop: When asked about the sale of Trading Post, a Telstra spokesman declined to comment but said Unique Websites had been given full responsibility for operating the business in June and that the telco remained committed to growth areas of its media unit. Started in as the Melbourne Trading Post, the publication became the bible of buying and selling goods for all Australians in the pre-internet era.
Everything from cars and boats to household sundries were spruiked by the paper, which was immortalised in the film The Castle with the classic line, "Tell 'im he's dreamin". But the rise of global internet services that slash advertising prices Sydney trading post online as Google and eBay has meant the demise of classifieds and Hot Australia beauties businesses once seen as dominant forces in the Australian media world.
The print version of The Trading Post ended in October and it went digital-only. Its online site continues to sell a wide variety of products from cars to horses and pot plants. However, Telstra will not need to report a major write-down — an official loss — after the sale. This is because the company began winding down the operation from And when it comes to the classifieds business the telco giant can boast that it is big in China. Based in our Sydney newsroom, David is an award winning journalist with over 5 years Australia swinging sites. Telstra to sell Trading Post, huge markdown likely.
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The Trading Post was a Women fucking lesbians advertisement newspaper first published in Melbourne in In Aprilit ceased printing altogether and moved to an online format. Inthe newspaper expanded operations in both Sydney and Brisbane, and the Adelaide, Perth, Tasmania, Darwin, and ACT editions.
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Stay up to date with all the best free stuff in our Ziilch newsletter.|The Trading Post was a classified advertisement newspaper Sydny published in Melbourne inonlinf Sydney trading post online the generic concept of a trading post. In Aprilit ceased printing altogether and moved to an online format.
A suburban Adelaide Friends and friends Mornington, selling or buying used goods, was published fortnightly later weekly under various names for 41 years:. A number of rural country South Australian editions, using the same format, were also published:.
Telstra to sell Trading Post, huge markdown likely
The State Library of South Australia has physical and microfilm versions of the South Australian version of the publication available from edition 1 March At the time of transition, it had an average ofreaders a week while the website received 1.
From Wikipedia, SSydney free encyclopedia. ABC News. Retrieved 18 August The Sydney Morning Herald.
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