Articles

1 million listings for PropertyGuru

PropertyGuru has reported a doubling of listings on all its sites to reach the 1 million mark. The Singapore-based online property portal group also says it has crossed the 30,000 mark for the number of real estate agents advertising on its websites. PropertyGuru runs portals in Singapore, Malaysia, Thailand (where it’s DDProperty.com) and Indonesia (Rumah.com). In a statement,...

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Boostable gets $2.6 million boost

Boostable, new advertising platform for marketplaces, just received $2.6 million in Series A funding from SV Angel, Omidyar Network, Digital Garage and eight other investors. The startup provides a tool for sellers to quickly launch ad campaigns on channels such as Facebook and Google. Boostable graduated from Y Combinator incubation earlier this year. According to Crunchbase, the new funds will...

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Etsy sellers get offline credit card reader

Etsy has enabled offline credit card payments by offering a free mobile credit card reader to its U.S. merchants. Now these creative crafts people will be able to set up a booth at a local flea market, or have their own neighborhood storefront location, and take payments by way of their smartphone and the reader. For Etsy it adds a 2.7 percent revenue share for offline transactions to its...

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Yelp profit grows as it moves across globe

Directory portal Yelp just keeps on evolving from review-only to sales facilitator for local businesses –  and that shows in its bottom line, with another quarter whose net income ($3.6 million)  compared positively to a net loss this same time last year. As of the third quarter of 2014, Yelp revenue leaped 67 percent year-over-year, its 67 million reviews indicated a 41 percent YOY...

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Alma Media increases digital revenue and profit in Q3

The revenue of Alma Media’s division Digital Consumer Services, which houses the company’s classifieds business*, increased by 10.1 percent in Q3 of FY2014 from Q3 in FY2013. In Q3 of FY2014 revenue of the Digital Consumer Services division amounted to €13.5 million ($17 million U.S.), against €12.3 million in Q3 of FY2013. Of total revenue, the businesses in Finland contributed...

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Redfin acquires Walk Score

m4s0n501 Technology broker Redfin just announced its purchase of Walk Score, a tool integrated into many rental sites that lets visitors gauge walkability of properties  – that is, how easy it is to get from home to important places like store, restaurant and coffee shop. It’s the first acquisition for Redfin. “Now together, we can realize a key component of Redfin’s...

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