Articles

Leboncoin wins “Core business innovation” with a robot

‘Driven by innovation’ was the main theme when Schibsted boss Rolv Erik Ryssdal presented to leaders in the company at the annual K3 Leadership conference in Barcelona on Wednesday last week. LeBonCoin won the category “Core business innovation” with its Serenity – a robot which makes the ad review process much faster, and improves the quality, thereby avoiding fraud. This...

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Lamudi reports 670,000 listings globally

Rocket Internet property site Lamudi this week reported more than 670,000 properties to buy or rent, spread across 28 countries around the world as it celebrated its first birthday, citing growth of 116 percent between April and September this year. The site claimed the bulk of it’s listings came from the Asian region, with more than half the property listings from Pakistan, Bangladesh,...

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Catcha sells down stake in iProperty

Patrick Grove’s Catcha Group has sold down almost 25 percent, or 10,000,000, of its shares in iProperty at $2.63 per share. The announcement was made in an ASX listing dated October 16. Catcha’s Kuala Lumpur-based Rev Asia earlier sold its 27.2 percent stake in iCar Asia. (Read our coverage of that here) Catcha Group runs ASX-listed Southeast Asia and Hong Kong eCommerce business iBuy...

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In Malawi MyJobo improves user safety

To give users peace of mind when advertising or searching jobs, Malawi’s new jobs site MyJobo.com obtained an Extended Validated SSL Certificate – the security standard for sites such as Paypal, Facebook, Google and LinkedIn. It was done in response to concerns expressed by users about the security of their data when using the site, the company said. MyJobo was launched in beta...

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Rumgr joins EBay, becomes Close5

On October 1, Las Vegas marketplace startup Rumgr was acquired by EBay.  Rumgr co-founder Dylan Bathurst and three others of the Rumgr team joined EBay to create Close5. When we last talked with Bathurst he said that half of the Rumgr traffic was coming by way of a mobile device. So it’s probably no surprise that Close5 is basically Rumgr re-created as a mobile app. E-commerce had already...

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Connexity: Alibaba’s U.S. brand recognition low

Alibaba is about to enter the U.S. market (and perhaps buy EBay?) , but there might be a problem. According to a new study by Connexity’s BizRate Insights, most U.S. shoppers aren’t familiar with the Chinese marketplace giant. Of the 3,548 online shoppers that participated in the survey, 63 percent did not know the Alibaba name, and of those familiar with it, 35 percent said they...

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