Gumtree Group completes an 18-month IT transformation, overhauling core business systems and processes after its 2022 acquisition. The rebuild modernizes infrastructure and operational workflows to support the company’s post-sale operations. Key initiatives include implementing new technology stacks and streamlining legacy dependencies.
Gumtree Australia Markets Limited finalizes the purchase of Gumtree, CarsGuide, and Autotrader, expanding its portfolio of online classifieds platforms in Australia. The acquisition consolidates three major brands in automotive and general classifieds under a single operator. The move strengthens Gumtree Australia’s position in the digital marketplace sector.
Gumtree Australia Markets Limited acquires multiple iconic brands to expand its portfolio. The company also invests further in its classifieds business, reinforcing its market position in Australia. The move follows its focus on strengthening core operations and digital advertising.
Adevinta sells Gumtree Australia, CarsGuide, and Autotrader Australia to The Market Herald for $60 million. The transaction marks another step in Adevinta’s strategic divestment of its Gumtree operations. The deal includes three key classifieds platforms targeting Australian consumers.
