The buyer, Adevinta, will become the largest online classifieds business in the world.
Retailer says it will launch a marketplace, just days after acquiring Adelaide Tools.
The company reached 2.5 billion for the quarter.
Online marketplace becomes most profitable pureplay online retailer in the country.
Online marketplace posts a drop in net profit for FY16.
New online mag for Aussie Commerce site the latest move in brand overhaul.
The world’s most infamous Bitcoin currency online marketplace has been raided.