Articles

Many novelties at Italy’s Subito.it

A new CEO, a redesign for the ad-listing page, spending on advertising and marketing and more investment in mobile – a lot is new at Subito.it, Schibsted’s general classifieds platform in Italy with a marketshare of 68.5 percent. Easy, intuitive, immediate: Subito.it has become the reference point for Italians on the go. Forty percent of the visits comes from the mobile version of the...

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Zoopla Group revenue up 24%

Zoopla Property Group, operator of leading U.K. real estate sites such as Zoopla and PrimeLocation, published strong results for the financial year to end-September this morning showing revenue up 24 percent to £80.2 million ($126 million U.S.). Investors reacted positively with Zoopla’s share price immediately opening up 5p at 195p ($3 U.S.), though still down on its record high of...

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Naspers “prioritizes” fast-growing classifieds business

In the financial report for the first half of FY2015, released by Naspers today, the big news was the performance of the division e-commerce, and the big revenue contribution of Tencent. Naspers includes its classifieds businesses in the division e-commerce, and this time around the company didn’t give separate revenue numbers for classifieds. But, all critical performance indicators (CPIs)...

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Naspers withdraws from Baltic countries

Buried deep in the financial report for H1 of FY2015, released by Naspers today, was the news that the company had sold the portfolio of classifieds held by Diginet in the Baltic countries to Eesti Meedia for an undisclosed amount. To date neither the seller, nor the buyer has released a statement on the deal. Lithuania-based Diginet is an Allegro Group subsidiary and Allegro Group, in turn, a...

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Amazon, EBay vie with service marketplaces?

The rumor we first reported back in June has come to fruition – Amazon has launched a service marketplace. This content is available to Classified Intelligence Report clients. Want to know more about becoming a client? Click...

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News Corp buys into Indian real estate site

As promised earlier this year, News Corp has acquired yet again.  The global media giant and new owner of Realtor.com and its sister properties, has now purchased a 25 percent stake in India-based real estate marketing firm PropTiger.com and its parent company. PropTiger has a database of more than 100,000 properties for sale in 12 cities across India. Here’s the announcement:  News Corp...

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