Articles

iProperty revenue up 15 pct, records first profit for EBITDA advertising business

ASX-listed Kuala Lumpur-based iProperty Group announced its earnings for FY2014 with a 14.65 pct rise in revenue to A$21,835,721 (US$17,057,301). For the first time, EBITDA for its advertising business showed a profit, of A$61,000 (from loss of A$2.9 million the previous year), but overall net profit after tax was a negative A$10.73 million. The Group’s Hong Kong region business was its...

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Fixed ops next big U.S. online auto focus

U.S. auto dealers, for whom fixed operations represent 43 percent of their total revenue, devote a mere 3 percent of their online marketing to this crucial part of their bottom line. Now, two movements threaten to dilute dealer service-department revenue: Online (long-distance) auto sales Cars on the road longer, and long after their warranties have expired Automotive publishers have a huge...

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Totaljobs launches new global talent tool

In the U.K. Totaljobs announced the launch of an online tool aimed at enabling British employers and recruiters to better understand how, where and why talent moves around the world. The Decoding Global Talent tool is based on research of more than 200,000 people across 189 countries and was carried out by The Boston Consulting Group (BCG) in conjunction with The Network, a global alliance of...

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Revamp boosts Apartments.com traffic

CoStar Group is jumping into the hot U.S. residential rental listing competition with guns blazing, as its recent Apartments.com relaunch conference and earnings calls made clear. CoStar co-founder, CEO and President Andy Florance told the fourth quarter and 2014 end-of-year earnings call audience that since its mid-February relaunch week-over-week visits to Apartments.com  already were up 23...

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Rightmove releases strong 2014 results

Rightmove, the U.K.’s leading real estate site, posted strong results for the year ending Dec. 31, 2014 thanks largely to increased traffic and advertisers taking premium services. Revenue for the year was up 19 percent to £167 million ($257 million U.S.) and operating profit, or earnings before interest and tax (EBIT), similarly rose by 20 percent to £124.6 million. Traffic was up ten...

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Realogy’s NRT debuts HomesforSale.com

NRT, a Realogy subsidiary and the largest residential real estate brokerage in the U.S., has just launched HomesForSale.com. Along with real estate listings, HomesForSale.com has an automated valuation tool, and data on sold properties. NRT has brokerage offices in 45 of the 100 largest metropolitan areas of the U.S. HomesForSale.com is now in 14 of those markets, with 2015 plans to cover the...

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