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Market Herald Ltd ( (AU:GUM) ) just unveiled an announcement.
Gumtree Australia Markets Limited has announced a strategic partnership with Australian Community Media (ACM) to expand their reach and enhance content offerings. This collaboration will allow CarsGuide to provide exclusive automotive content across ACM’s platforms, while ACM’s AgTrader listings will be syndicated on Gumtree. The partnership aims to create a comprehensive network for consumers and advertisers, driving significant traffic and offering new growth opportunities.
More about Market Herald Ltd
Gumtree Australia Markets Limited operates in the online marketplace industry, offering platforms such as CarsGuide and Autotrader for buying and selling new and pre-owned vehicles. The company focuses on providing automotive content and advertising solutions, aiming to enhance consumer choice and advertiser growth opportunities.
Average Trading Volume: 35,655
Technical Sentiment Signal: Hold
Current Market Cap: A$57.78M
See more insights into GUM stock on TipRanks’ Stock Analysis page.