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In France one out of every five people seeks work via mobile channels

Posted by on Nov 22, 2014 in Mobile, Recruitment | Comments Off

The share of those seeking work on mobile is growing fast and currently one out of every five people in France does that, shows Vivastreet research conducted in October this year with the help of nearly 2,500 respondents.

On its jobs section, Vivastreet noted mobile traffic was 25 percent in October 2014, and only 15 percent two months earlier. Mobile traffic tends to be as important or more important than web audience for the portal’s jobs section.

To its question “Do you use mobile to look for work?” 10 percent of respondents said “Yes, to look for vacancies,” 10 percent said “To look for vacancies and in order to apply” and 80 percent said “No.”

Julien André, director of Vivastreet Jobs said 20 percent of the French are seeking work on mobile but already 10 percent of them are also applying via mobile, which is noteworthy given that this option has emerged only recently.

WeGoLook, IFS team for online auto sales

Posted by on Nov 21, 2014 in Articles, Automotive, Marketplace | Comments Off

WeGoLookIn yet another totally online auto-sales venture, WeGoLook’s local inspection service for long-distance online shoppers, and auto finance service Innovative Funding Services team up.

Here’s the announcement: 

WeGoLook and Innovative Funding Services (IFS) Forge Partnership For Online Car Shopping

WeGoLook and Innovative Funding Services (IFS) announced the launch of their new partnership assisting buyers with auto financing and warranties. Online car shoppers can now inspect their vehicles and have access to a digital dealer from the comfort of their own home.

WeGoLook and IFS. Auto Loans An Easier Way. Your Way.
The auto industry is changing and WeGoLook partnering with IFS is providing car shoppers the opportunity to complete safe transactions with our ever changing mobile economy.

Nationwide, USA (PRWEB) November 20, 2014

WeGoLook and Innovative Funding Services (IFS) announced the launch of their new partnership assisting buyers with auto financing and warranties through WeGoLook’s Partner Services; which equips consumers with resources for completing their entire car purchase online.

Individuals can shop on their favorite websites like eBay Motors, AutoTrader.com, and Cars.com. Then they can order an onsite inspection with WeGoLook for the vehicle they are interested in buying to verify the current condition which will allow them to make a purchasing decision. Now, individuals apply for auto loans, purchase warranties, and arrange vehicle transport with IFS.

After the car buyer has ordered a WeGoLook Report verifying the condition of a prospective vehicle and made the decision to purchase, they can complete their entire transaction online. IFS provides financing services, tire and wheel protection, vehicle service protection, GAP coverage, and vehicle transport.
The online dealership marketplace is providing buying power for the online consumers. The auto industry is changing and WeGoLook partnering with IFS is providing car shoppers the opportunity to complete safe transactions with our ever changing mobile economy.

IFS logoAbout Innovative Funding Services (IFS):
Based in Austin, Texas and part of the Hourglass Management portfolio, IFS was founded in 2007 as an automotive finance company linking consumers with a full spectrum of credible finance sources. IFS specializes in auto lease purchases, auto refinancing and company car purchases. Since inception IFS has partnered with some of the most recognizable and respected auto manufacturers and lending institutions to provide their customers with a simple, reliable auto loan process at a competitive rate.

WeGoLook logoAbout WeGoLook:
WeGoLook is a third party inspection company offering dynamic data collection and field services for individuals and enterprise customers alike. Through a crowdsourced database of 15,000+ Agents (Lookers) in the US, UK, AU, and CA, the company takes photos, videos, and completes custom tasking for properties, autos, heavy equipment, eBay items, and more. WeGoLook’s mission is to provide consumer confidence and mitigate risk in dealing with online purchases while using a nationwide labor force to complete any low complex task nationwide. For additional information, visit http://www.wegolook.com.

TrueCar’s Tom Tang now Beepi VP

Posted by on Nov 21, 2014 in Articles, Automotive, Insiders, Marketplace | Comments Off

Tom Tang, who was most recently VP 0f analytics at TrueCar for 15 months, has been hired by competitor startup Beepi, as VP of digital growth. Tang also directed marketing analytics at EBay for nearly seven years.

Here’s the announcement:

Beepi Hires Tom Tang as Vice President of Digital Growth

Former TrueCar VP and eBay Exec Joins Leading Online Peer-To-Peer Marketplace to Buy and Sell Cars

LOS ALTOS, Calif.–(BUSINESS WIRE)–Beepi, the leading peer-to-peer marketplace to seamlessly buy and sell cars online, today announced it has hired Tom Tang as Vice President of Digital Growth. In this new role, Tang will provide leadership across various digital growth efforts to fuel Beepi’s national expansion. Previously, Tang served as Vice President of Analytics at Beepi competitor TrueCar, where he managed the company’s marketing and dealer-side analytics programs, pricing model development and trading products intelligence.

“Instead of having to visit a dealer and go through the hassle of haggling over a car, Beepi is committed to creating an experience that is economically rewarding and emotionally uplifting for everyone involved. I couldn’t be happier to help bring this experience to new markets across the nation.”

“Only six months after launching, Beepi is expanding at a rapid pace, and we are thrilled to have Tom lead our digital growth efforts,” said Ale Resnik, CEO and Co-Founder of Beepi. “The antiquated model of buying and selling a used car is in need of change. With Tom’s help, we’re excited to give more people the full Beepi experience and help them buy and sell cars the easiest and more enjoyable way possible.”

Tang is a graduate of the PhD program in Electrical Engineering and Computer Science at MIT with nearly twenty years of experience in analytics leadership, including serving as Senior Director of Analytics at Tagged; Director of Software Development and Marketing Analytics at eBay; Vice President of Decision Management at CitiGroup; and Senior Manager in Database Marketing at Charles Schwab.

“It’s no surprise that people increasingly prefer to buy goods from the comfort of their own homes – and cars are no exception,” said Tang. “Instead of having to visit a dealer and go through the hassle of haggling over a car, Beepi is committed to creating an experience that is economically rewarding and emotionally uplifting for everyone involved. I couldn’t be happier to help bring this experience to new markets across the nation.”

About Beepi

Founded by Ale Resnik, CEO, and Owen Savir, COO, Beepi is a new way to buy or sell a great car completely online. For too long, buying and selling a car has been a complex and even terrifying process — whether it be because of poor experiences at dealerships, spending too much time haggling over prices, or ending up with a vehicle that falls way below expectations. Beepi is changing that experience by giving consumers an end-to-end experience when buying or selling a car; one that’s also fast, simple, safe and fun. For more information, please visit www.beepi.com.

Naspers will sell Ricardo, says Reuters

Posted by on Nov 21, 2014 in Articles, Marketplace, Strategy | Comments Off

The rumor that Naspers wants to sell Ricardo, its popular Swiss business, got a lot more concrete today, when Reuters reported “Naspers adviser Altium Capital was preparing information packs that will be sent to potential buyers before the end of the year”. Altium Capital is an investment bank (here).

The information was leaked to Reuters by “two people familiar with the sale”. We asked Altium Capital for confirmation of the Reuters report and will report as soon as we hear from the bank.

Here is the complete Reuters story.

Apparently, Naspers wants to free up capital locked in assets in developed countries to re-invest in emerging markets. “A sale of Ricardo would allow Naspers to invest more in fast-growing emerging markets,” Reuters reported.

Naspers has always claimed to be focusing its efforts on emerging markets, while holding several businesses in developed markets, such as Portugal, Switzerland and France. Recently, it started to narrow its focus on emerging markets, by selling Scandinavia-focused clothing platform Trendsales and closing OLX sites in many developed markets, including Norway, Sweden, the U.K., Australia, Austria, and Germany.

About 40 OLX sites still operate – most in emerging markets, but not all. OLX are still active in Switzerland and France, for instance.

But, the sale of Ricardo AG, with all its sites (auction site Ricardo.ch, e-commerce site Ricardoshops.ch, auto site Autoricardo.ch and OLX.ch), will take Naspers a big step closer to its goal to be an emerging markets company.

Here is an earlier report by us on the rumor that Ricardo is on the market.

Christo Volschenk

RealMatch’s Almog: why helm changes

Posted by on Nov 21, 2014 in Articles, Marketplace, Real estate | Comments Off

Gal Almog, founder of recruitment service and platform provider RealMatch, sent the following to the firm’s affiliate partners. He explained the reasons behind his move to Israel  (a place he’d been commuting to and from anyway) , and the firm’s choice of Jonathan Bulkeley as his replacement as CEO.  As Almog points out, Bulkeley has both digital and newspaper experience, bringing the first newspaper online when he was managing director at AOL.

The roles now: Bulkeley as Real Match CEO, Almog as RealMatch president, Terry Baker staying in his role of  RealMatch U.S. president.

Realmatch

Dear RealMatch Affiliate Partners,

As you know, I founded RealMatch in January 2007 and have run the company since its inception. RealMatch has become incredibly successful thanks to our unique partnerships with digital publishers like you. I’d like to take this opportunity to say thank you again for your trust and partnership.

In recent years, I’ve split my time between our headquarters in New York City and our development center in Kfar Sava, Israel. For the last two years, I’ve lived in New York with my wife and daughter while our two sons remained in Israel for work and family. I traveled back and forth between our two countries.

At the beginning of this year I realized that it was impossible for me to continue traveling so extensively. So, in consultation with the RealMatch Board I decided to look for a replacement. We looked for someone who could run the company from the US which would allow me to relocate back to Israel.

The challenge was finding someone that would be the right fit for our needs, culture and values. This was also an opportunity to bring in new skills that would complement the next phase of our growth as we pass the 100 employee mark. After 6 intensive months of searching, we found the right person – Jonathan Bulkeley.

Jonathan brings a wealth of experience. In fact, he took the first newspaper online while at AOL. His 25 years of internet, digital publishing and online advertising experience give him the right experience and perspective for our business. His successful track record in leading companies through hyper growth is what RealMatch needs now as it strives to become a global leader in the recruitment advertising industry.

Jonathan has assumed the role of RealMatch CEO while I will be RealMatch Group President and focus more on product development, strategy and vision. Terry Baker will continue to serve as President of RealMatch US.

I will continue my relentless dedication to creating the best recruitment advertising software, and making digital publishers the dominant players in this market. I will also continue to be available for any questions or suggestions. Please do not hesitate to contact me or visit me either in New York or Israel.

Truly yours,

Gal Almog
Founder and Group President, RealMatch

RealtyTrac debuts lead generator MEGA

Posted by on Nov 21, 2014 in Articles, Marketplace, Real estate | Comments Off

As yet more evidence of the power of big data for real estate, distressed property giant RealtyTrac just launched its MEGA feature. MEGA enables targeted prospecting for seller agents.

Mega.RealtyTrac.com

Mega.RealtyTrac.com

RealtyTrac Launches Expanded Lead Generation Platform with Detailed Data on 188 Million U.S. Properties

MEGA Download Platform Includes Sale, Loan, Occupancy, Equity, Foreclosure Info;
Customers Create Targeted Marketing Lists from Daily Updated Real Estate Data

IRVINE, Calif. – Nov. 20, 2014 — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, today announced the launch of its expanded MEGA Lead Generation Platform allowing customers to mine RealtyTrac’s robust nationwide real estate data on more than 118 million U.S. properties and create targeted marketing lists in a convenient and intuitive online interface.

The new platform can be accessed at http://mega.realtytrac.com.

“Previously our customers have been able to mine RealtyTrac’s proprietary foreclosure data to create targeted mailing lists of distressed property owners, a list already highly useful to a diverse set of industry verticals, including agents, brokers, investors and attorneys,” said Jamie Moyle, CEO at RealtyTrac. “But that dataset was frankly a drop in the bucket compared to what is available now. We’ve exponentially expanded the available universe of properties from around 1 million previously to more than 118 million now, and added scores of new property attributes to enable even more powerful lead filtering. This opens up myriad new marketing list applications for virtually every type of business looking to market its products and services to a specific subset of U.S. property owners.”

Free registration gives customers full access to the expanded MEGA Lead Generation Platform so they can create customized lists on the fly with the counts of available records updated in real time. Customers pay per property record downloaded, and can preview the number of records that match their criteria before downloading.

“Our customers have been clamoring for this expanded real estate dataset for quite some time, and we are extremely pleased to be able to provide it to them,” said Tyler White, director of data solutions at RealtyTrac. “Along with the data itself, the new platform incorporates dozens of filters to help customers precisely target the best candidates for their services, saving money on lead generation while increasing the response rate on their direct mail campaigns.”

Filters for creating targeted mailing lists:

  • Geography by state, county, city, zip code along with radius searches around a specific address or zip code. Customers can also specify a range of addresses on a specific street to target.
  • Property Type including general categories such as residential and commercial and sub-categories such as single family home, condo, multi-family, vacant land and much more.
  • Property Characteristics including the number of beds, baths, square footage, year built, lot size — even swimming pools are a filter.
  • Sales History and Details including the date and sales price for the most recent sale.
  • Loan and Lender Details allow customers to filter by number of open loans, loan type and loan position along with the name of the lender(s).
  • Equity Profile allows customers to filter by the amount of home equity.
  • Occupancy Status includes the categories of owner-occupied, non-owner occupied and vacant.
  • Owner Info and Location allows customers to filter by state, county, city or zip code where the owner is located as well as by owner name.
  • Foreclosure Status and Details include the ability to filter by the three categories of foreclosure: default (NOD, LIS), scheduled for auction (NTS, NFS) or bank owned (REO). Customers can also filter by name of owner in default, foreclosing lender, trustee or attorney responsible for the auction as well as the date and opening bid at the auction.
  • Bankruptcy Status allows customers to filter properties based on if the current homeowner has ever filed for bankruptcy and if the homeowner is still in active bankruptcy litigation.

“As the housing recovery takes hold and the distressed share of the market decreases, entrepreneurs are looking for new opportunities to contact homeowners who need a problem solved or a service provided,” said Brian Mushaney, executive vice president of data solutions at RealtyTrac. “We believe this expanded platform helps further our mission of providing more data to more people, and we’re excited to see how customers creatively utilize this data.”

Potential applications of the expanded platform

  • List Brokers can offer no-obligation record counts in real time, reviewing costs and record counts prior to purchase and eliminating previously purchased records for each client.
  • Real Estate Investors can target motivated sellers that match their personal investing strategy, whether those homeowners are in financial distress or in another situation that motivates them to sell soon.
  • Real Estate Agents and Brokers can quickly generate a list of homeowners who may be in a good position to sell or may need to sell soon.
  • Attorneys can find property owners in need of real estate legal assistance, targeting properties based on foreclosure status or by name of lender/servicer involved with the foreclosure.
  • Home Improvement and Repair companies can target owners of recently purchased properties that may be in need of rehab as well as investors who represent repeat customers.
  • Moving and Storage companies can target homeowners most likely to move in the near future based on foreclosure status and other factors, while also suppressing those properties that are already vacant.
  • Retail Services can target owners of recently purchased homes who may need the products and services they provide, and also homeowners with ample equity who may be good candidates for a big-ticket purchase.
  • Credit Repair companies can target distressed homeowners or homeowners who recently lost their property and may be in need of credit repair services, obtaining the forwarding address even if the homeowner has moved.
  • Insurance companies can target homeowners approaching their insurance renewal date and filter by property characteristics, equity and other factors that may identify the homeowner as a likely new client. 

About RealtyTrac
RealtyTrac is a leading supplier of U.S. real estate data, with nationwide parcel-level records for more than 130 million U.S. parcels — 118 million with addresses — that include property characteristics, tax assessor data, sales and mortgage deed records, Automated Valuation Models (AVMs) and 20 million active and historical default, foreclosure auction and bank-ownedproperties. RealtyTrac’s housing data and foreclosure reports are relied on by many federal government agencies, numerous state housing and banking departments, investment funds as well as millions of real estate professionals and consumers, to help evaluate housing trends and make informed decisions about real estate.

Employer Zillow faces two lawsuits

Posted by on Nov 21, 2014 in Articles, Litigation, Marketplace, Real estate | Comments Off

Zillow, still in the midst of a court battle in which it is accused of fraud by Top Agent Network, is now facing two  California legal battles around its treatment of employees.

The first, case no. 01844 , filed Nov. 19 in U.S. District Court, Central District of Calif., accuses the real estate giant of retaliation, infliction of emotional distress, and whistleblower violations against  Zillow employee Ashley Boehler.

According to the plaintiff, he uncovered a credit card fraud scheme being perpetrated in 2012 and one year later other fraudulent behaviors by Zillow staff in California that were designed to rip off consumers and the public. In both instances, his reporting of the findings to his supervisors were met with warnings to mind his own business, and nothing changed. He then reported the issues to Zillow corporate, after which he became the victim of harassment and intimidation from the local staff. The fraud, allegedly conducted by one inside sales representative included forged contracts. Boehler also said that unlicensed real estate agents were consulting with Zillow clients.  Zillow senior management did terminate several Zillow employees as as result of Boehler’s complaints, but, according to the complaint,  failed to keep his name confidential as promised and that’s when the harassment started.

The second case, no. 01843, also filed Nov. 19 in the same court, is a class action lawsuit brought by and on behalf of current and former inside sales representatives at Zillow, for failure to pay overtime wages, failure to provide meal and other breaks, failure to provide accurate wage statements, and unfair business practices.

According to the complaint brought by California sales representative Ian Freeman, Zillow implemented an automatic time clock method of signing its staff members in at 8am and out at 4pm, even when they were intimidated into working later, and also signed them off the clock for meal breaks that they were not always allowed to take. According to the lawsuit, this went on for four years, and amounted to $5 million in unpaid wages. The case involves 120 inside sales consultants working in Orange County, Calif. for Zillow.  It lists 50 defendants.

Both cases  have been assigned to the alternative dispute resolution (ADR) program to attempt mediation as an alternative to trial. Zillow has not responded to either summons as yet, and no triall dates have been set.

As of Nov. 20, Top Agent Network v. Zillow, case no. 04769, has been reassigned to U.S. District Court, Northern District of Calif., in San Francisco.

REA taps into new revenue stream, goes video

Posted by on Nov 20, 2014 in Australia, Real estate | Comments Off

Australia’s REA Group will soon feature video ads on its leading property portal realestate.com.au. The Group has selected California, U.S.-headquartered video ad tech provider TubeMogul as its advertising software platform. REA will use TubeMogul’s video software on a self-serve basis and also provide a video branding offering to advertisers and agencies, facilitated by its own internal programmatic trading team.

In a statement, REA says it wants to “secure a new revenue stream by leveraging its data, which may include anonymised consumer demographic, location, behaviour, and purchase intent.” REA says this will enable advertising agencies and trading desks to “better measure consumer intent, which can be used to make ads more relevant to viewers.”

REA’s Head of Technology Phil Cowlishaw said: “REA Groups’ data sets enable us to create finely-tuned digital campaigns based on exactly what consumers are looking to buy. This relationship gives Ikon clients a key competitive advantage, moving beyond demographic targeting to understanding explicit online consumption behaviours.”

From the TubeMogul perspective, Dan Smith, the company’s Australia MD said that by using TubeMogul, REA Group can take data sourced from online display advertising and extend that information layer to its video branding programmes. The aim is better targeting and the use of data to increase the overall performance of digital video and reduce wastage.

No timelines were given as to the roll-out of the new video offering.

Read the full statement here.

 

(Still) more information surfaces on Naspers/Schibsted deal

Posted by on Nov 20, 2014 in Uncategorized | Comments Off

More details have surfaced on the proposed Naspers/Schibsted cooperation in eight countries announced last week. Brad Porteus, CEO of OLX for Southeast Asia, spoke to Michael de Waal-Montgomery, correspondent of online magazine e27.co, about the deal.

This is what Porteus said:

“In Indonesia the joint venture will operate under the OLX.co.id brand name, on the existing OLX technology platform. Naspers will own 64 percent of the joint venture, while Berniaga shareholders will own 36 percent.

Brad Porteus, OLX CEO for Southeast Asia

Brad Porteus, OLX CEO for Southeast Asia (from LinkedIn)

We will combine into a unified team, led by the existing OLX management team, while adding staff from the Berniaga team. The Berniaga site, apps, platform and users will be redirected to OLX.co.id once the deal has closed.” (Schibsted and Naspers expect the E.U. anti-trust authority to rule on the proposed deal in 60 to 90 days, ie. early next year.)

“In Thailand OLX.co.th and Kaidee.com are joining forces into a joint venture with 56 percent held by Kaidee shareholders and 44 percent by Naspers. The operation will be led by the existing OLX Thailand team and run on the current OLX Thailand technology platform. It has not been decided yet which brand we will operate under in Thailand. This decision will be made jointly by the shareholders and local management, for our mutual long-term success in Thailand.

“In Bangladesh OLX.com.bd and Ekhanei.com will merge and operate under the Ekhanei.com name and on the existing Ekhanei.com technology platform. The joint venture will be majority-owned (51 percent) by SNT (Schibsted and Telenor), while Naspers will own 49 percent. The existing Ekhanei.com team will manage the operations, while looking to add staff from the existing OLX Bangladesh team.

“In the Philippines Ayosdito.ph will be closed down upon approval of the deal, and the Ayosdito site and apps users redirected to OLX.ph.

“Note that there will be no action in terms of operations until the transaction closes. We hope this will happen in January 2015. Until that time, it is business as usual for all parties, as there are no guarantees that the deal will close,” Porteus said.

For the full report on e27.co go here.

We wrote on what was planned for Brazil in our report here (only open to paying clients) and in MexicoVietnam, and Colombia here (only for paying clients).

Christo Volschenk

Mail.ru Group sells Russia’s HeadHunter.ru

Posted by on Nov 20, 2014 in Articles, Recruitment, Russia | Comments Off

Mail.ru Group, the giant Russian Internet holding, sold HeadHunter.ru, the No. 1 online recruitment classifieds platform in Russia measured by both revenue and traffic. The sale comes after rumors had been circulating in the industry that the Russian major was looking for a buyer.

hhThe group sold 100 percent of the job site shares to a consortium of mainly Russian investors under the umbrella company Elbrus Capital for a total of $210 million U.S.. The deal is expected to be completed in the first quarter of 2015. In the first three quarters of 2014 HeadHunter’s revenue amounted to $49.3 million U.S..

Elbrus Capital is a leading Russia- and CIS-focused private equity business. The group advises private equity funds, which have led over 70 acquisitions since 2007. The funds’ total assets under management exceed $1 billion U.S.. Key investors in the funds are large international institutional investors and international development institutions.