Daily Deals

EBay sells unit to reorganize

Minutes before today’s split of EBay and PayPal, EBay has dumped its Enterprise unit for just short of $1 billion. The company helps run Ikea, Timberland and iRobot. The purchaser, a group that paid $925 million, includes private-equity firms Permira and Sterling Partners. EBay bought GSI Commerce for $2.4 billion in 2011 and converted it to the Enterprise business. The deal was supposed to...

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Microsoft & AOL unite against Google

Google will be the target of a union of AOL and Microsoft, who have inked a 10-year deal to replace Google as the search engine with Microsoft’s Bing, according to Advertising Age. The deal targets Google’s search leadership, and AOL will handle display, mobile and video ad sales for all of Microsoft’s holdings, such as MSN, Xbox and Outlook. The alliance includes nine global...

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Allegro replaces its recommendation system

Naspers’ Allegro.pl partnered with Gravity R&D, a recommendation and personalization tool, to launch a new recommendation system on its platform. Until now, Allegro has been using its own recommendation system, but decided to change it after trying out Gravity’s solution. During the pilot implementation in 2014, Gravity delivered personalized recommendations to specific areas of the...

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Schibsted acquires Anumex in Mexico

Schibsted today announced the acquisition of Anumex, a Mexican classifieds website. The acquisition is expected to strengthen the company’s growing presence in Mexico, where it also owns Segundamano.mx. The price was not disclosed. “By combining the two sites, we are able to create additional value for buyers and sellers through an even larger and more liquid marketplace,”...

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French Groupe L’Argus in talks over possible takeover of AutoReflex

France’s Groupe L’Argus is currently in negotiations with the owner companies Mondadori and Axel Springer over the possible acquisition of AutoReflex.com portal, which they announced earlier they intend to close (we reported about it here). The talks are expected to last for two to three weeks, French media reported (full article available here in French). With this acquisition, Groupe...

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Dutch TMG and USG People to launch online job platform

Dutch publisher Telegraaf Media Groep and Europe’s major HR services provider USG People have joined forces to create an online employment platform for recruitment and selection of staff, according to a statement (available here in Dutch). Employers will be able to post job vacancies in both online and print media. The platform that will be launched in Q3 will include tools for management of...

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