News & Analysis

News Corp acquires 25 percent stake in hipages as Fairfax acquires 25 percent stake in Nabo

- December 7, 2015 2 MIN READ

The newspapers are now getting back in to classifieds, with both News Corp and Fairfax today each acquiring a 25 percent stake in a startup. News Corp Australia has acquired a 25 percent stake in hipages, Australia’s largest online platform for finding and hiring tradespeople, while Fairfax has acquired a stake in neighbourhood social platform Nabo.