Staff moves at Swiss property portal Homegate
Price increases lead to escort-ad revenue gains
Thanks to price hikes, Backpage.com increased its prostitution advertising revenue by 25.6 percent in December to $2.6 million, up from $2.1 million in November, and set a monthly revenue record.
New CFO for Ringier Axel Springer in Poland
By Christo Volschenk
Greg Kite took over as chief financial officer (CFO) at Ringier Axel Springer in Poland earlier this month, the company announced on its website. He took over from Edyta Sadowska, who moved on to become CEO and president of the board. Continue reading
November prostitution-ad revenue higher than year ago
November revenue from prostitution advertising in 23 U.S. cities increased 18.7 percent to $3 million compared with the same month in 2010, but the total was down 3.1 percent compared with the previous month.
Even Backpage.com, owned by Village Voice Media, saw a dip in escort and body-rub advertising in November to $2.1 million, down 1.6 percent from a record high $2.14 million in October, according to estimates by the AIM Group. The revenue in November was still 16.7 percent more than what Backpage generated in November 2010.
In the last 12 months, five sites tracked by the AIM Group have sold an estimated $36.1 million in ads for escorts and body-rubs, euphemisms for prostitution. Backpage, the leading U.S. site for prostitution advertising, accounted for about two-thirds of that total, $24.3 million. Continue reading
Backpage.com prostitution-ad revenue hits monthly high
Backpage.com, the classified advertising site owned by Village Voice Media, set new records in October for revenue from online prostitution advertising and for the number of prostitution ads on its site.
Aqraou climbs the ladder at EBay
by Christo Volschenk
EBay International AG promoted Jacob Aqraou to senior vice president of EBay Marketplaces Europe with immediate effect. Aqraou moves into the chair of Doug McCallum, who moves to a new position as senior advisor to John Donahoe, EBay Inc.’s president and CEO, EBay International said in a media statement. Continue reading
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