An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory.
eBay Inc. is an American multinational e-commerce company based in San Jose, California, that brokers customer to customer and retail sales through online marketplaces in 190 markets worldwide. Sales occur either via online auctions or "buy it now" instant sales, and the company charges commissions to sellers upon sales. eBay was founded by Pierre Omidyar in September 1995. It has 134 million yearly active buyers worldwide and handled $74 billion in transactions in 2022, 49% of which was in the United States. In 2022, the company had a take rate of 13.25%.
Recorded Music NZ is a non-profit trade association of record producers, distributors and recording artists who sell recorded music in New Zealand. Membership of Recorded Music NZ is open to any owner of recorded music rights operating in New Zealand, inclusive of major labels, independent labels and self-released artists. Recorded Music NZ has over 2000 rights-holders.
Georgie Pie was a fast food chain owned by retailer Progressive Enterprises specialising in meat pies that hoped to be "New Zealand’s own homegrown alternative to the global fast-food industry giants such as McDonald's, Pizza Hut and Burger King". The first Georgie Pie restaurant opened in 1977, and at its peak there were 32 restaurants across New Zealand. After running into financial difficulties, it was bought out by McDonald's in 1996, mainly for its restaurant locations. The last Georgie Pie store was closed in 1998.
Sam Morgan is best known as the founder of Trade Me, New Zealand's largest online auction site, which he sold in 2006 to Australian media company Fairfax for over NZ$700 million.
Trade Me is New Zealand's largest online auction and classifieds website. Managed by Trade Me Ltd., the site was founded in 1999 by New Zealand entrepreneur Sam Morgan, who sold it to Fairfax in 2006 for NZ$700 million. Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker "TME". In May 2019, Trade Me was acquired by private equity firm Apax Partners for NZ$2.56 billion. Trade Me Ltd also operates several sister websites including FindSomeone and Holiday Houses.
Charles Frederick Goldie was a New Zealand artist, best known for his portrayal of Māori dignitaries.
The New Zealand Open Source Society is an incorporated society supporting the advocacy and promotion of open-source software in New Zealand.
The following lists events that happened during 2006 in New Zealand.
Bob Shop, formerly Bidorbuy or bidorbuy.co.za, is a South African e-commerce website based on an internet auction and online marketplace model allowing individuals and businesses to trade with each other. Transactions on bidorbuy are in South African rands.
SaleHoo Group Limited is a New Zealand based e-commerce company that manages SaleHoo.com, a website specializing in global trading between wholesalers and retailers. It is one of the largest wholesale directories on the Internet and one of the first to offer international wholesale contacts.
The Copyright Amendment Act 2008 was an act passed by the New Zealand Parliament amending the Copyright Act 1994. It received Royal Assent on 11 April 2008.
The copyright law of New Zealand is covered by the Copyright Act 1994 and subsequent amendments. It is administered by Business Law Policy Unit of the Ministry of Business, Innovation and Employment (MBIE). In June 2017, a review of the existing legislation was announced.
The New Zealand Internet Blackout was an online protest organised by the Creative Freedom Foundation NZ (CFFNZ) against changes to copyright law in New Zealand. It constituted two separate blackouts: one in 2009 to protest Section 92A of the Copyright Amendment Act 2008; and another in 2011 to protest the Copyright Amendment Act 2011, although the CFFNZ did not take part in this one.
Customer to customer markets provide a way to allow customers to interact with each other. Traditional markets require business to customer relationships, in which a customer goes to the business in order to purchase a product or service. In customer to customer markets, the business facilitates an environment where customers can sell goods or services to each other. Other types of markets include business to business (B2B) and business to customer (B2C).
The Copyright Act 1994 is an Act of Parliament passed in New Zealand that, along with its various amendments, governs copyright in New Zealand. It is administered by Intellectual Property Policy Unit of the Ministry of Business, Innovation and Employment.
The Copyright Amendment Act 2011 is an Act of the Parliament of New Zealand which amends the Copyright Act 1994.
Builderscrack.co.nz is a New Zealand based website that provides an internet marketplace where homeowners may post jobs, and where builders and tradespeople can chase jobs, provide quotes and win work. Homeowners then rate tradespeople on how well they complete the job.
The implosion of Radio Network House in 2012 was the first implosion used in New Zealand to demolish a building, and was a "test case" for the potential to use such a demolition method on similar buildings in Christchurch Central City that had been damaged in the 2011 earthquake. Like most other large buildings in central Christchurch, Radio Network House was damaged beyond repair in the 2011 earthquake, and the Canterbury Earthquake Recovery Authority (CERA) added it to the demolition list in August 2011. In July 2012, it was announced that the building was going to be imploded, involving a specialist company from the United States with considerable experience in this type of work.
Bob Jarvis is a New Zealand rugby league footballer who represented New Zealand in the 1975 World Cup.
