peter m. zollman

Free ads turning paid? At OLX, monetization is becoming a trend

Naspers is starting to monetize OLX. First came the announcement in India; now comes the Philippines. Where … This content is available to Classified Intelligence Report clients.  Want to know more about becoming a...

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Vivanuncios user data stolen by hacker

Vivanuncios, the Mexican classified website recently purchased by EBay from W3 Ltd., has been hacked. The companies disclosed the data theft on Thursday after inquiries from the AIM Group, which was informed of the hack by a man who claims to run a Belgian classified site. The data breach occurred while the site was owned by W3, before EBay acquired it in January. “W3 Inc. is aware of an...

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Facebook goes live with ‘Buy-and-Sell’

It’s no surprise to us or our clients, but Facebook has finally formalized its buy and sell features for groups. The announcement yesterday showed screens in local markets with “Sell” and “Post” buttons. Facebook corporate never mentioned the word “Craigslist” in its news release, but it’s clear from the sites that were briefed in advance that this is being positioned as an attack...

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Activist investor targets Gannett board

Activist investor Carl Icahn — fresh from a victory at EBay, where he forced the company to split itself into two and just signed a shareholder agreement — now has Gannett in his sights. He’s starting a proxy battle to put two of his representatives on the board at Gannett Co. Inc., which has already announced plans to split itself into two. The Gannett fight is being well-covered...

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Gannett cuts 32 additional employees, marketing at Cars.com, as revenues soar

Revenue at Cars.com will soar in 2015 — but the company will be smaller anyway. They’re called “staffing adjustments” in Gannett-speak, but tell that to the 32 people who got laid off last week in the days before Christmas and New Year’s. They’re still “adjusted” to the unemployment line. Gannett’s going to be charging its newspaper affiliates about three times as much as...

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