AIMGroup

58.com takes minority stake in Ganji — and Tencent shores up its investment

China’s classified behemoth 58.com is buying a 43.2 percent stake in rival Ganji.com by issuing 34 million new shares and paying an additional $412 million (U.S.) in cash. In a news release, 58.com said that as part of the deal, China’s Tencent Holdings Ltd., which owns about 20 percent of 58.com, will make an additional investment of $400 million —  presumably to limit the...

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Monster exec goes to Vonage as CMO

Ted Gilvar, Monster Worldwide’s EVP and chief marketing officer for global, is joining VoIP provider Vonage as CMO. Gilvar will make the change later this month, Fierce Telecom newsletter reported. Gilmar will oversee all of Vonage’s marketing strategy across business and consumer channels. Before he joined Monster, Gilvar was EVP and MD at BBDO, a high-profile marketing creative...

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Angie’s List CEO departure civic-minded; Yeah, right!

Bill Oesterle has announced he will leave Angie’s List, and his role as CEO, as soon as the embattled service marketplace finds his replacement. This content is available to Classified Intelligence Report clients. Want to know more about becoming a client? Click...

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Cars.com reviews bring dealer success

m4s0n501 While primarily directed to auto dealers, a recently-published Cars.com Dealer Advantage dealership testimonial tells publishers how important consumer reviews are to dealerships. The multi-location Tom Ahl Family of Dealerships in Lima, Ohio now has 5,000 reviews on Cars.com, and a cumulative rating of 4.9 out of 5. Tom Ahl general manager Vince Downing attributes his firm’s...

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Dot-Realtor domains for sale May 7

The new top level domain (TLD) .Realtor, is about to go on sale to U.S. and Canadian Realtor associations and brokerages. The associations can be local or U.S. state organizations. The point of the TLD, as with the earlier dot-MLS TLD, is to let consumers know that the site owners are legitimate: that is, a dot-Realtor site address means that only genuine Realtors take part, and the owner of a...

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