News & Analysis
News Corp acquires 25 percent stake in hipages as Fairfax acquires 25 percent stake in Nabo
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.