Fair­fax is right neigh­bourly

Central Leader - - NEWS -

Fair­fax Me­dia NZ, pub­lisher of the Cen­tral Leader, has bought a stake in Kiwi-founded neigh­bour­hood web­site neigh­bourly.co.nz.

The size of the share­hold­ing and the price paid were not dis­closed.

Neigh­bourly, which of­fers free, pri­vate web­sites for sub­urbs across New Zealand where neigh­bours can share lo­cal in­for­ma­tion, launched in June and has more than 60,000 mem­bers across 1400 sub­urbs.

Neigh­bourly mem­bers log on to see news rel­e­vant to their com­mu­nity, for com­mu­nity no­tices, what’s hap­pen­ing in their sub- urb, and what peo­ple in the lo­cal area want to buy, sell or ex­change.

The pur­chase adds a strong so­cial me­dia of­fer­ing to the Fair­fax port­fo­lio, man­ag­ing di­rec­tor Si­mon Tong says.

‘‘It’s a great ad­di­tion to our port­fo­lio, and a longterm in­vest­ment with an op­tion to deepen the part­ner­ship.’’

The site is presently ac­tive in 45 per cent of sub­urbs.

Mem­bers use the site to ex­change rec­om­men­da­tions on lo­cal ser­vices, plan events, buy, sell and give away items, ask ques­tions, dis­cuss com­mu­nity is­sues, find lost pets and get to know one another.

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