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General Business
3 mins to read

NZME sells GrabOne for $17.5m, profit up 85%

Return to dividend following sale of ecommerce platform and positive first half.

Dita De Boni Tue, 24 Aug 2021

Listed media firm NZME has announced the sale of its GrabOne business alongside a return to dividends in reporting its half-year results.

GrabOne, which has long been earmarked for sale, has been bought by Global Marketplace New Zealand Limited (GMP) for $17.5 million, payable in cash on

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Dita De Boni Tue, 24 Aug 2021
Contact the Writer: dita@nbr.co.nz
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NZME sells GrabOne for $17.5m, profit up 85%
General Business,
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