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Gumtree confirms Carsguide acquisition

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EBay-owned Gumtree has acquired the owner of Carsguide and Autotrader in an effort to boost its local presence and take on market leader Carsales.

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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/media-and-marketing/ebay-s-gumtree-finalises-carsguide-acquisition-20191220-p53lsu