Building Sales

Sheriff’s Backpage credit cutoff backfires; site drops charges for adult-services ads

There’s an old adage in law enforcement: “Follow the money.” Sheriff Thomas J. Dart of Cook County, Ill., (the county that includes Chicago), did that very successfully in his efforts to shut down the prostitution advertising on Backpage.com. Short-term: Clearly a success. Longer term: Probably a massive failure. Dart sent a letter last week to Visa and MasterCard, urging them to stop...

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Schibsted, Distilled join forces in Ireland

Yet another consolidation for Schibsted, leading to still more profits. Schibsted announced tonight that it has agreed with Distilled Media, which operates Daft.ie and Adverts.ie in Ireland, to create a new company including its Irish site DoneDeal.ie. Schibsted and Distilled each will own 50 percent of the new company; Schibsted will consolidate its results into Schibsted’s full financial...

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LeBonCoin offers strong discounts to dealers on new real estate offer

With two more months left for Puissance-3, the old agreement between Logic-Immo and LeBonCoin, the latter is trying to lure as many real estate agents as possible to its new offer with aggressive discounts, Immomatin reported (full article available here in French). Starting from July 7 to August 7, the Schibsted-owned site launched a special offer with significant reductions on professional...

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Two overviews: Naspers, Tegna / Gannett

Two very good overview articles about international media / newspaper companies today: — The Financial Times has an overview of Naspers in advance of its annual earnings report on Tuesday. It outlines how Naspers stock has soared during the past few years, primarily because of its huge stake in the Chinese dot-com Tencent, and looks at its classified and other businesses. Here’s a link...

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French online property start-up Habiteo raises €3 million

French start-up portal Habiteo servicing developers and offering users 3D viewing options for the newly built properties just raised €3 million, including €2.5 million from Serena Capital and the remainder from its historical investors, including founders. Earlier the site has raised €500,000 from Business Angels. Since its launch in June of 2014, Habiteo defined itself as a tool to support...

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Another great job opportunity: Schibsted

And here’s another great job opportunity in the classified industry, posted by Schibsted. (Did you see the Telenor Digital job Christo pointed out yesterday?) “Marketplace monetization and pricing expert.” Based in Barcelona. (Great place!) Working for Schibsted, the smartest media company in the world today. What could be wrong? “Our goal is to help [Schibsted Classified Media]...

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