NZ Post gets out of Localist - National - NZ Herald News

New Zealand Post has sold its digital media subsidiary the Localist to management. But the state-owned enterprise will not say how much money it has lost from its investment in the advertising-funded directory business or the price paid.
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Localist was started by our national postal service and focussed initially on just one city. Lots of giveaways, cute cars zipping around the city. A directory...

More money than sense?