26 Dec 2008

TradeMe expects surge in Christmas 're-gifting'

9:51 am on 26 December 2008

The online auction site TradeMe is expecting a surge in listings from people trying to sell unwanted Christmas presents for cash.

The website says the phenomenon, known as "re-gifting", has become popular in recent years.

TradeMe spokesman Mike O'Donnell says there is usually a spike in the number of auctions in the two weeks following Christmas Day.