CIR

Craigslist turns 20, sets revenue record – but problems loom

Craigslist turns 20, sets revenue record – but problems loom ALTAMONTE SPRINGS, Fla. — Craigslist will generate about $381 million in revenue and more than $300 million in profits during 2015, according to a new report. But as the site marks its 20th anniversary, it faces serious new competition and a major security problem. “Craigslist has a great past, and it’s still a terrific site...

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Tamedia invests in travel discounter Hotelcard

m4s0n501 Swiss media group Tamedia has extended its digital portfolio again. This time the Zurich-based company invested in the new area (for it) of travel, with a 20-percent participation in the smaller online hotel discount card company Hotelcard. Hotelcard AG offers card subscribers 50-percent discount in more than 500 hotels in Switzerland and neighboring countries, such as Germany, Italy...

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Ringier and Axel Springer Switzerland to form joint venture

Just before the season holidays another quite surprising news echoed from Switzerland, that might have consequences for the classifieds market: Swiss still family-owned media company Ringier and German Axel Springer announced plans to establish a further joint-venture, in which each party shall hold a 50 percent stake. This content is available to Classified Intelligence Report clients. Want to...

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New special report — ‘2014 Big Data in classifieds and marketplaces: The new opportunity’

2014 Big Data in classifieds and marketplaces: The new opportunity ALTAMONTE SPRINGS, Fla. — Facebook does it. So do EBay and AutoTrader.com. Slando in Ukraine, SeLoger in France and Seek in Australia all do it. All of those companies, and dozens more, are using Big Data from their classified and marketplace services to increase revenue, improve engagement and strengthen their bottom...

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Greenlight for Swisscom´s takeover of Publigroupe

The takeover of Publigroupe by Swiss national telecom operator Swisscom is cut and dried: Swisscom announced that its public takeover bid to acquire digital marketing and media group Publigroupe has been successful and is approved by the Swiss Competition Commission. At the end of the extended period for acceptance of the takeover, the 25th of August, Swisscom has increased its stake in...

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Controlinveste merges classifieds operations

The classifieds business of Portuguese media company Controlinveste (CIM) has been concentrated under a single brand since February – the one of the “renown Portuguese classifieds pioneer brand Ocasião” – the company said (read press release in Portuguese here). Ocasião, which means “chance or opportunity”, also launched a new slogan (“Ocasião – Money in your...

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