Buyers sniffing around Gumtree’s Hotcopper

Hal Crawford

April 11, 2025 3:54

Classifieds business Gumtree Australia is considering selling its investor forum Hotcopper, according to an ASX announcement.

Gumtree – previously called The Market Limited, The Market Herald, and Hotcopper Holdings – has had a rocky ride since 2022, with the ouster of a CEO, an official rebuke from The Takeover Panel, and significant board turnover. Company accounts show the business losing money through 2024 and into this year.

Gumtree’s ASX announcement said it had “been approached by several parties” for Hotcopper in Australia and Stockhouse in Canada.

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Hal Crawford

Crawford has worked across news media over a 30-year career, including running Ninemsn editorial in Sydney (editor-in-chief and publisher) and the TV3 newsroom in Auckland (chief news officer).

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