Articles

Naspers/Schibsted deal gets green light from EU

The European Commission (EC) approved the following parts of the major Naspers/Schibsted deal (more about the deal here and here) on Dec. 18: + The acquisition by Norway’s SnT Classifieds ANS of the online classified businesses of Naspers in Bangladesh and Chile; + The acquisition of joint control over the online classifieds businesses of Naspers in Malaysia, Thailand and Vietnam by...

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Naspers forges ahead with idea to befriend mobile operators

OLX, the general classifieds platform Naspers operates in more than 40 emerging economies around the world, highjacked the idea of Internet.org to get mobile operators to agree to free surfing on certain websites. Earlier this week OLX and Mobilink, a mobile operator in Pakistan, said they “have extended their partnership to provide free mobile browsing of all OLX website variants and...

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Bayt launches SMS service platform

Job site Bayt.com recently launched a dedicated SMS service platform in Egypt. This new platform enables professionals in Egypt to ask questions and receive answers and advice from peers and experts in various areas of specialization in a timely and organized manner. The users can ask questions and receive answers via text messages sent from their mobile phones. The new SMS service platform came...

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Stakeholders give ‘Zulia’ go-ahead’

Zillow Shareholders and Trulia Stockholders Approve Planned Acquisition SEATTLE and SAN FRANCISCO, Dec. 18, 2014 (GLOBE NEWSWIRE) — Zillow, Inc. (Nasdaq:Z) and Trulia, Inc. (NYSE:TRLA) today announced that Zillow shareholders and Trulia stockholders voted resoundingly to approve the previously announced definitive agreement, dated as of July 28, 2014, pursuant to which Zillow will acquire...

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Daily Mail merges classified and display teams

Mail Advertising, the commercial arm of The Daily Mail and Mail on Sunday, has merged its classified and display advertising sales teams in a group restructure. The combined team of 120 people in London and 16 in Scotland and Manchester offices will be led by Rosemary Gorman, the group’s advertising director. The restructure follows an internal review conducted by Boston Consulting Group,...

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Auto Trader to launch major TV campaign

Auto Trader is launching a £6.5 million ($10 million U.S.) television advertising campaign on the day after Christmas to highlight the online features it offers to help people find their perfect autos. The TV advert called ‘Searchers’ shows people from a young age looking and observing, leading to older people using the same observation skills to admire the autos which suit them...

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